Financial Controller - Retail/Real Estate/Hospitality/FMCG - CA

Finance Controller - Retail/Real Estate/Hospitality/FMCG - Listed Company

We are actively Hiring Finance Controller for a client in the commercial Real Estate sector .

We are inviting applications from candidates who have seen the IPO journey ( Pre and Post IPO).

Summary:

- The role collates, analyses and creates actionable financial intelligence for the Commercial real estate business.

- Managing Finance Shared Services (Order to Cash. Procure to Pay, Hire to Retire, Acquire to dispose and Record to Report process)

- Financial Books Maintenance

- Financial reporting & helping BU heads identify priorities

- Managing internal and external audits

Key result areas:

- Build productive working relationships with stakeholders in order to understand their business operations and the financial information needs of end users.

- Manage relationships with others across the company to achieve alignment in key business strategies and decisions.

- Manage the Business units cash flows within available facilities, providing appropriate reporting to Executive Management.

- Collaborate, design, implement and review finance systems, policies and procedures to ensure continuous improvement and contemporary relevant practices.

- Ensure reporting functions and responses to ad-hoc requests for financial related information are appropriately delivered.

- Preparation of annual budgets for Business unit.

- Ensure weekly and monthly reporting on budget and business plan & continuous monitoring of the same

- Responsible for assessment of monthly performance, analysis of variance from budgets, identification of areas for corrective actions and risks

- Quarterly forecasting of annual results

- Establish systems and processes of ensuring adequate financial discipline and control and reporting on the same

- Set norms for cash management to enable prudent financial management and review the same frequently.

- Initiate and monitor cost reduction activities

- Partner with other departments to facilitate the annual planning process

- Provide financial and cost review based on actual / budgets / commitments with head of departments ,to identify, measure and monitor actions to control cost and to improve profitability and liquidity situation

- Provide reports for top management undertaking a comparative profitability study for the segment providing project wise/ region wise comparisons on productivity, costs etc.

- Participate in Budget and Operational reviews as the brand/segment representative critically examining alignment of annual budgets vis a vis the brand/segment strategy

- Monitor project performance throughout implementation and provide periodic reports in this respect

- Monitor and track the status of working capital and undertake measures to optimise the same

- Business cases analysis, financial review of contracts and agreement

- Financial evaluation of business cases for new business initiatives. Carry out cost benefit analysis to determine feasibility of new initiatives

- Evaluation of financial due diligence for new deals and providing inputs to the management before taking up new projects. Active member of the Product development task force process and primary owner of project cash flow development

- Review and approve pricing in order to ensure that correct prices and velocities are incorporated as per agreed margins based on existing market price

- Prepare the detailed feasibility reports for identified projects together with other Project team members but be accountable for all financial analysis. Prepare the final documentation in this respect for Board approvals

- Identify and highlight risk and critical factors for success of new projects

- Review of contracts / agreements from a financial perspective

- Provide appropriate input to treasury department for liquidity planning, foreign currency hedging, payment terms, risk management and credit control policies and procedures

- Provision for expenses to accounting department based on actual spends, open financial commitments and inputs from head of departments

- Provide business related information and Input to tax department for pricing study /audits

- Financial evaluation of new business challenges related to changes in internal and external environment so as to enable the brand/segment to be aware of the risks and opportunities and take a more informed decision

- Timely closure of books and audits. Ensure no significant findings in audits.

- Compliance with reporting rules and regulations

- Analyse competitive business strategy & financial results

- Monitor other companies businesses, for benchmarking, both business & financial

- Understand and implement best practices in terms of managerial, financial and monitoring processes

Person Requirement:

- CA with 10 to 15 years experience, atleast 3 years in a role where a person managed/ Led a financial controller function for listed entity, preferably commercial real estate

- Experience of working in an ERP environment ( SAP, Oracle, Yardi, MS Dynamics)

- Excellent Stakeholder Management - whether its leadership team inside, business or banks and auditors

- Assertive with excellent written and verbal communication

- Capability to lead and develop a growing team

- The role reports to the CFO