Role: Finance Manager - Residential Development
Location: Delhi / Mumbai
Job Profile:
A core finance role within Lodha UK, embedded across the project lifecycle from land acquisition through to practical completion and investor distribution. Reporting to the Finance Director, the post holder will act as the financial backbone for Lodha UK's development projects, combining rigorous cost control, financial modelling, and cross functional governance.
The role requires a commercially minded accountant with deep real estate experience who can operate with a high degree of autonomy, communicate credibly both with internal and external stakeholders, deal with complicated tax analysis and Group compliance all the while maintaining a hands on and adaptable approach.
Project P&L; Ownership
Financial modelling of development schemes and potential sites over the business plan horizon, including cash position, interest effects, profit delivery and staff resourcing.
Management of project P&L;, including sales analysis, ROCE and profit recognition approach.
Maintaining and updating profit/appraisal systems in line with project changes including build programme amends, coordinating with development, technical and sales teams to establish realistic costs, timeframes and sales values.
Project Cost Control, Budgeting & Reporting
Management of total budget across each site, presenting monthly cost variances vs budget to senior management or joint venture Board and
Monitoring of consultant fee budgets, contractor payments and sales & marketing expenditure proactively identifying areas requiring budget revisions while providing a down view to identify any omitted or un provisioned expenditure elements.
Management of sales cash receipts across projects, working closely with solicitors and sales teams as reservations move to exchange and completion.
Engagement with development finance providers to arrange monthly draw downs, payment runs or repayment from sales cash flows. Identify futur
📌 Finance Manager (Mumbai)
🏢 Lodha
📍 Mumbai
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