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Job Description
Greetings,
We are pleased to share an exciting job opportunity for a Finance Controller.
— Confidential
Finance Controller
Role title Finance Controller Department Finance & Legal Reports to Chief Executive Officer (CEO) Location Bengaluru, Karnataka Employment type Full-time, permanent Qualification Chartered Accountant (CA) — mandatory Experience required 5-8 years, with real estate industry exposure Role level Head of Function / Senior Leadership
- About Us
We are a Bengaluru-based bespoke luxury real estate developer, we are scaling from boutique developer to a multi-project luxury platform.
- Role Summary
The Finance Controller will serve as the financial nerve centre of the company, reporting directly to the CEO. This is a dual mandate role — part strategic advisor, part operational guardian. The incumbent will own the full financial picture of the company: from project-level costing and budgeting, to statutory compliance, to delivering sharp MIS-driven insights that enable the CEO to make confident, data-backed decisions. As the company scales across multiple simultaneous live projects, the Finance Controller will also build and lead the finance function, creating systems, controls, and a team that can support rapid, disciplined growth.
- Key Responsibilities
3.1 Strategic financial advisory & MIS
- Design, own, and continuously improve the Monthly Management Information System (MIS) — covering P&L, cash flow, project-wise cost tracking, receivables, collections, and key financial ratios.
- Present a clear, concise financial health dashboard to the CEO on a monthly (and ad-hoc) basis, with actionable insights and forward-looking commentary.
- Support the CEO in financial modelling for new land acquisitions, project launches, partnership structures, and investor reporting.
- Conduct scenario analysis and stress-testing of the companys financial position under different project timelines, sales velocities, and cost assumptions.
- Provide independent financial assessment of major vendor contracts, JV structures, and capital deployment decisions.
3.2 Project costing & budgeting
- Build and maintain detailed project budgets for each active and upcoming development — covering construction cost, design, consultancy, regulatory, marketing, and corporate overhead allocations.
- Work closely with the VP Projects, Design Development Head, and Procurement teams to establish and enforce cost benchmarks per square foot / per villa across all construction typologies.
- Track actual-vs-budget variance on a monthly basis; flag overruns early, investigate root causes, and recommend corrective actions.
- Own the project cash flow forecast — aligning construction draw-down schedules with collection milestones, construction timelines, and vendor payment obligations.
- Evaluate and approve all significant purchase orders, contractor bills, and change orders from a cost-control standpoint.
- Build cost models for upcoming projects during pre-launch stage, supporting competitive pricing and margin analysis.
3.3 Financial compliance & controls
- Ensure full compliance with all applicable statutes: Income Tax, GST, RERA (Karnataka), Companies Act / LLP Act, FEMA, TDS/TCS, and any sector-specific regulatory obligations.
- Manage statutory audits, internal audits, and tax assessments — liaising with auditors, consultants, and regulatory authorities.
- Implement and maintain a robust internal financial controls framework covering revenue recognition, vendor payments, expense approvals, banking, and treasury.
- Ensure timely filing of all returns: GST, TDS, advance tax, ROC filings, and any RERA-mandated disclosures.
- Maintain clean and audit-ready books of accounts at all times; own the completeness and accuracy of financial records in the accounting system.
3.4 Accounts & treasury management
- Oversee day-to-day accounting operations — accounts payable, accounts receivable, bank reconciliations, and ledger management — executed through the Accounts team.
- Manage the companys banking relationships; negotiate credit facilities, working capital lines, and construction finance where applicable.
- Optimise cash deployment — ensure collections from homebuyers are tracked diligently and funds are applied in line with RERA escrow requirements.
- Maintain a clear view of fund flow across all project escrow accounts and the corporate account; ensure no commingling of funds.
3.5 Team leadership & systems
- Lead and mentor the Finance & Accounts team (currently comprising Manager Finance, two Accounts Associates, and this Finance Controller role).
- Identify gaps in financial systems and processes; implement ERP/accounting software upgrades, automation, and reporting tools appropriate to the companys scale.
- Set up standard operating procedures (SOPs) for all finance processes — payment runs, approval workflows, month-end close, and audit preparation.
- Interface with the Product & Technology team to ensure MIS dashboards and financial data pipelines are accurate and timely.
- Key Interactions
- We look forward to hearing from you.
- Best regards,
- The Recruitment Team
Skills
AccountingAccountsBank ReconciliationsBudgetingSalesStatutory ComplianceAccounting OperationsAccounting SoftwareAccounts PayableAccounts ReceivableCash FlowCollectionsFinance & AccountsFinance FunctionFinancial ControlsCostingFund FlowErpLedgerPurchase OrdersReconciliationsReporting ToolsReturnsRevenue RecognitionVendor ContractsVendor PaymentsAccountantCaChartered AccountantFinanceBillingCashReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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