Industry: Real Estate
Department Office: of the CEO / CFO
Location: Bodhgaya, Bihar (In office)
Employment: Full-time, Permanent
Experience: 2-5 years
About the Company
Vastu Vihar is a real estate development company based in Bodhgaya, Bihar, developing residential and commercial projects. We are looking for a finance professional to strengthen the CEO/CFO Office with sound financial analysis, reporting and planning.
Role Summary The Financial Analyst (CFA Level 2) will work closely with the CEO and CFO as a strategic finance partner. The role focuses on analyzing monthly revenue and expenditure, reviewing audit outcomes, building financial models, and interpreting financial and cash flow statements, so that leadership has accurate, timely information for decisions on project launches, land acquisition, funding and cost control.
Key Responsibilities
A. Financial Analysis and MIS Reporting
- Analyze monthly revenue (booking value, collections, receivables, revenue recognition) across all projects.
- Review monthly expenditure (construction, land, marketing, overheads, statutory payments) and report variances against budget.
- Prepare monthly MIS dashboards and management presentations for the CEO and CFO.
- Track project-wise profitability, margins, cost-to-complete and ROI. • Highlight trends, risks and cost-saving opportunities with clear commentary.
B. Financial Modelling and Planning
- Build and maintain financial models: project feasibility, DCF, IRR/NPV, sensitivity and scenario analysis.
- Prepare annual budgets, rolling forecasts and business plans.
- Evaluate new land acquisitions, joint development agreements and investment proposals.
- Model funding structures (debt, equity, customer advances) and their impact on returns.
C. Financial Statement and Cash Flow Analysis
- Analyze the Balance Sheet, Profit & Loss and Cash Flow Statement; perform ratio analysis (liquidity, leverage, profitability, efficiency).
- Prepare cash flow forecasts (13-week and annual), monitor project-wise cash positions and flag funding gaps early.
- Monitor working capital, unsold inventory, customer receivables and loan covenants.
D. Audit and Compliance Support
- Review monthly and periodic audit results; coordinate with statutory, internal and tax auditors.
- Support closure of audit observations and track corrective actions.
- Review accuracy of books in Tally/ERP and ensure proper accounting treatment of real estate transactions.
- Oversee GST filing and reconciliation (GSTR-1, GSTR-3B, GSTR-2B, ITC matching).
- Ensure TDS/TCS compliance: deduction, deposit, returns and reconciliation (including TDS on property purchase and contractor payments).
- Support compliance under RERA, the Income Tax Act and the Companies Act, as applicable.
E. Accounting and GAAP Oversight
- Ensure financial reporting follows applicable standards (Ind AS / Indian GAAP; US GAAP/IFRS knowledge is an advantage), including Ind AS 115 revenue recognition for real estate.
- Review journal entries, provisions, accruals and period-end closing.
- Support preparation of financial statements and notes to accounts.
F. Strategic Support to CEO/CFO
- Provide ad hoc analysis for board meetings, lender discussions and investor presentations.
- Support banking and financing activities, including preparation of lender data.
- Benchmark against peers and real estate market trends.
- Contribute to process improvement, internal controls and ERP/reporting automation.
Qualifications and Experience
- CFA Level 2 passed (CFA Level 3 candidates or charterholders also welcome).
- Graduate/Post-graduate in Commerce, Finance or Accounting (B.Com / M.Com / MBA Finance). CA Inter or equivalent is a plus.
- 2-5 years of experience in finance, FP&A;, accounting or audit.
- Prior experience in real estate, construction, infrastructure or project-based industries strongly preferred.
Technical Skills Required
- Accounting Software: Proficiency in Tally (Tally Prime)
- ERP Systems: Hands-on experience with ERP (SAP / Oracle / Zoho / Microsoft Dynamics or real estate ERPs)
- Accounting Knowledge: Strong grasp of accounting principles, bookkeeping and period-end closing
- Taxation: GST filing and reconciliation; TDS/TCS compliance and returns
- Standards: Working knowledge of GAAP (Ind AS / Indian GAAP; US GAAP/IFRS is a plus)
- Financial Modelling: Advanced Excel (pivots, lookups, macros), DCF, IRR, NPV, scenario modelling
- Reporting Tools: PowerPoint; Power BI/Tableau is a plus
Key Competencies
- Strong analytical and problem-solving ability; attention to detail and accuracy
- Clear written and verbal communication; able to present insights to senior leadership
- Integrity and confidentiality with sensitive financial information
- Ability to work independently and meet tight monthly-closing deadlines
- Proactive, ownership-driven attitude
- Fluency in English and Hindi
7. Key Performance Indicators (KPIs)
- Timely and accurate monthly MIS delivery after month-end
- Budget vs. actual variance accuracy
- Quality and reliability of financial models and forecasts
- Timely GST and TDS filings with zero penalties
- Audit observations closed within timelines
- Cash flow forecast accuracy
Work Details
- Location: Bodhgaya, Bihar (on-site)
- Working Days: Monday to Saturday
- Travel: Occasional travel to project sites, banks and auditors' offices
How to Apply
Send your updated cv on
[email protected] or (phone hidden).
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