The Financial Advisor is responsible for planning, monitoring, and controlling the monthly financial requirements of assigned real estate projects. The role focuses on preparing site-wise budgets, forecasting cash flow, advising management on spending priorities, ensuring optimal utilization of funds, and maintaining financial discipline throughout the project lifecycle.
Key Responsibilities
- Prepare monthly financial plans and budgets for each real estate project/site.
- Analyze project cash flow requirements and ensure funds are available when needed.
- Advise management on where, when, and how project funds should be allocated.
- Recommend spending priorities based on project milestones and business objectives.
- Monitor actual expenses against approved budgets and identify cost variances.
- Review expenditures related to:
- Labour costs
- Marketing and sales activities
- Legal and statutory approvals
- Administrative and operational expenses
- Provide recommendations on cost optimization without affecting project quality or timelines.
- Prepare monthly financial reports, forecasts, and budget variance analyses.
- Coordinate with project managers, procurement, engineering, sales, and accounts teams to align financial planning with project progress.
- Assess financial risks and recommend corrective actions.
- Ensure compliance with company financial policies and regulatory requirements.
- Support management in strategic financial decision-making for ongoing and upcoming projects.
- Key Performance Indicators (KPIs)Budget adherence
- Cash flow accuracy
- Cost savings achieved
- Timely financial reporting
- Variance control
- Productive fund utilization
- Return on project investment
- Required Qualifications
- CA - Incomplete or discontinued also welcomed
- MBA (Finance), CA, CMA, or CFA is preferred.
- 5+ years of experience in financial planning, budgeting, or project finance, preferably in the real estate or construction industry.
📌 Financial Advisor (Chennai)
🏢 CRYSTAL HOMES
📍 Chennai
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