We are a Virtual-Reality-Tech-based design and contracting venture aiming to revolutionize how consumers design and execute interior spaces. At our core is a groundbreaking technology product that gamifies the interior design experience, putting control directly in the hands of the consumer.

FlipSpaces is one of India's fastest-growing real estate ventures, with expertise in consulting, technology, design, and management of commercial real estate. Founded by high-pedigree entrepreneurs from IIT, we strive to transform how brands find, design, and manage their commercial spaces. International operations include USA, UAE and Singapore.

With plans to multiply scale across India, the US, UAE and APJ, double down on AI-powered tech, and explore strategic acquisitions, this is your chance to join a design-tech rocketship at full throttle!

As Finance Controller, you will own the end-to-end finance function for a multi-city, project-based D&B; business. You will work closely with the founders, ops leadership, and city heads to ensure financial clarity, healthy cash flows, and sound business-aligned decision-making. This is a hands-on leadership role — you will build and lead a finance team, drive process discipline without creating bureaucracy, and act as a genuine business partner across a rapidly growing portfolio.

Project Finance & Accounting
Own project-level P&L; tracking across all active projects and cities
Maintain WIP (Work-in-Progress) accounting aligned with Ind AS 115 percentage-completion method
Set up milestone-based billing systems and follow-up protocols in coordination with PM teams
Monitor project margins, flag cost overruns in real time, and provide financial inputs to ops leadership
Ensure BOQ-to-invoice reconciliation on both vendor and client sides
MIS & Financial Reporting
Build and own monthly MIS covering revenue, cost, margin, billing, and collections




Present financial performance to founders and leadership on a monthly basis
Prepare annual budgets, quarterly reforecasts, and variance analyses by city and project portfolio
Manage GST compliance for works contracts — including RCM provisions, ITC reconciliation, and multi-state returns
Own statutory, internal, and tax audit cycles; coordinate with external auditors
Build and enforce financial controls, SOPs, and approval workflows
Working Capital & Treasury
Manage cash flow planning and working capital cycles across a project-heavy business
Manage banking relationships — CC lines, bank guarantee facilities, and FD structures
Drive collections, reduce DSO, and ensure healthy receivables management
Experience: 10+ years post-qualification, with significant time in a project-based D&B;, interior, real estate, or construction business
Chartered Accountant (ICAI) — mandatory. CA Inter or MBA Finance profiles will not be considered for this role
Team Leadership: Directly managed a finance team of at least 4–5 people with full accountability for their output and development
Project Accounting: Proven hands-on experience with WIP accounting, percentage-completion revenue recognition, and project P&L; management
Compliance: Deep working knowledge of GST for works contracts — RCM, ITC, multi-state compliance — along with TDS and statutory filings
MIS Ownership: Must have independently built and owned MIS frameworks for management reporting — not just contributed to them
Experience managing banking lines (CC, BG, LC facilities)



and working capital in a project-based business
ERP implementation experience — Zoho Books, SAP FI/CO, Tally Prime
Power BI or equivalent MIS dashboard experience
Exposure to fundraising, financial modelling, and investor due diligence support
Experience setting up finance for new cities or geographies, including UAE / international compliance
Financial visibility in a project-based business is structurally complex — costs and revenues recognise at different times across 20+ simultaneous projects in multiple cities, and clean reconciliation is never a given.
Being the bearer of financial rigour in a fast-growth culture — holding firm on controls when the pressure to move fast creates shortcuts, without being seen as a blocker.
Cash flow in commercial interiors is notoriously unpredictable — client payment delays, vendor advance demands, and retention holdbacks require constant active management with no single lever to pull.
GST compliance for works contracts in a multi-state, multi-city business with a mix of materials and services is among the most technically complex compliance challenges in Indian taxation.
Building a finance function that keeps pace with rapid city expansions and a growing project portfolio — without adding headcount proportionally and without letting controls slip.
Is collaborative by nature — works with ops, design, and project teams as an enabler, not a gatekeeper
Has a versatile working style — no 'my way or the highway'. Takes full ownership of the finance function and operates with urgency consistent with a fast-scaling company
Is commercially aware — understands how a project business makes money, not just how it is accounted for
Is comfortable building structure in ambiguous, fast-moving environments without needing everything defined upfront

📌 Banking and Finance Associate (Mumbai)
🏢 Flipspaces
📍 Mumbai