20 Aug
|
The Talent Keepers
|
Gurugram
20 Aug
The Talent Keepers
Gurugram
We are Hiring
Note: Real estate background is mandate
Job Responsibility:
• Project Financial Management & Reporting: Develop and manage project-
specific budgets, forecasts, and financial plans for residential real estate projects.
Monitor and control project expenditures to prevent budget overruns and delays.
Prepare and present detailed financial reports, including profit and loss
statements, cash flow statements, and variance analysis, for senior management
and stakeholders. Ensure accurate financial accounting and reporting of revenues,
costs, and margins as per IND AS standards.
• RERA Compliance: Oversee compliance with RERA regulations for residential
real estate projects including ensuring accurate and timely financial disclosures
and periodic reports. Collaborate with the legal and project teams to ensure proper
accounting treatment of customer advances, project revenues, and cost
recognition in line with RERA guidelines. Ensure adherence to RERA fund
utilization principles, including escrow accounts and fund allocation for project-
related activities.
• IND AS Compliance: Ensure that financial statements for residential real estate
projects are prepared in compliance with IND AS accounting standards. Provide
guidance on the application of IND AS for revenue recognition, project costing,
and financial reporting, particularly for long-term contracts and construction
activities. Liaise with auditors to facilitate timely audits and ensure proper
implementation of IND AS.
• Cost Control & Risk Management: Implement and manage solid project
controls to monitor and track cost performance and prevent budget overruns.
Identify project financial risks such as cost escalations and revenue shortfalls and
recommend effective mitigation strategies. Collaborate with project managers and
the finance team to conduct cost-benefit analyses and optimize resource
allocation.
• Stakeholder Coordination & Communication: Act as the primary financial
📌 Financial Controller (Gurugram)
🏢 The Talent Keepers
📍 Gurugram