02 Aug
|
WeArch Developers
|
India
02 Aug
WeArch Developers
India
Role Overview
The Finance Manager will be responsible for managing the overall financial health of Wearch Developers, including project accounting, budgeting, cash flow, compliance, and financial reporting. This role plays a key part in ensuring profitability, cost control, and financial discipline across all real estate and construction projects.
Key Responsibilities1. Financial Planning & Budgeting
- Prepare annual budgets, project budgets, and financial forecasts
- Monitor budget vs actual performance and analyze variances
- Support strategic financial planning and decision-making
2. Project Accounting & Cost Control
- Maintain project-wise accounts and cost tracking
- Monitor construction costs (materials, labor, subcontractors)
- Ensure proper WIP (Work-in-Progress) tracking and profitability analysis
3. Cash Flow & Fund Management
- Manage daily cash flow and working capital
- Plan fund allocation for ongoing and upcoming projects
- Coordinate with banks for loans, LC, BG, and project financing
4. Billing & Revenue Management
- Oversee client billing, RA bills, and collections
- Verify vendor invoices and payment schedules
- Ensure timely revenue recognition and receivables management
5. Compliance & Taxation
- Ensure compliance with GST, TDS, Income Tax, PF, ESI, etc.
- Handle statutory audits, internal audits, and tax filings
- Maintain proper financial documentation and regulatory compliance
6. Financial Reporting & MIS
- Prepare monthly MIS, P&L;, Balance Sheet,
and Cash Flow reports
- Present financial insights to management
- Track key financial KPIs and project performance
7. Internal Controls & Risk Management
- Develop financial policies and internal control systems
- Ensure proper approval processes and financial discipline
- Identify risks and recommend mitigation strategies
8. Team Management
- Lead and supervise finance & accounts team
- Coordinate with project, procurement, and operations teams
- Train and develop junior staff
Qualifications
- Bachelor’s Degree in Commerce / Finance / Accounting
- CA / CMA / MBA Finance (Preferred)
- 7–12 years experience (minimum 3–5 years in construction/real estate)
Required Skills
- Strong knowledge of construction accounting & project finance
- Expertise in GST, TDS, and statutory compliance
- Proficiency in ERP systems (Tally, SAP, Oracle, etc.)
- Advanced Excel & financial modelling skills
- Strong analytical, leadership & communication skills
Key Performance Indicators (KPIs)
- Project profitability
- Budget adherence
- Cash flow management
- Timely statutory compliance
- Reduction in outstanding receivables
- Accuracy of financial reporting
Preferred Industry Experience
- Real Estate Development
- Civil Construction / Infrastructure
- EPC / Contracting Companies
Pay: ₹40,000.00 - ₹50,000.00 per month
Benefits:
- Adaptable schedule
Work Location: In person
📌 Finance Manager (India)
🏢 WeArch Developers
📍 India