Job Title: Head of Finance & Accounts – CFO Role (CA Required)

Company: Prime LifeSpace Consultancy

Location: Juhu, Mumbai

Work arrangement: Full-time, on-site

Annual CTC: ₹35,00,000–₹40,00,000, depending on experience and suitability

Reporting to: Promoters / Directors

ABOUT THE OPPORTUNITY

Prime LifeSpace Consultancy is hiring a senior Chartered Accountant to lead finance and accounts across our business interests in real estate development, consultancy, property technology and new investment initiatives.

This is a group-wide finance leadership opportunity with direct access to the promoters and responsibility for strengthening financial management across multiple entities and projects.

We are looking for a commercially minded, hands-on finance leader who can take ownership of accounting, taxation, cash flow, project finance, budgeting, reporting and financial controls while helping management evaluate growth opportunities.

The role will also support our proposed Alternative Investment Fund (AIF) initiative, working with external legal, regulatory, tax and fund specialists as the initiative develops.

You will lead the existing accounting function, assess team requirements and help recruit additional finance and accounts professionals where required.

KEY RESPONSIBILITIES

- Group Finance Leadership
- Take ownership of finance and accounts across group entities, businesses and development projects. Act as the principal finance partner to the promoters on business performance, funding requirements, capital allocation and financial risks. Establish clear financial reporting, approval processes and accountability across entities. Prepare annual budgets, business plans and rolling forecasts. Evaluate the financial implications of new ventures, investments, joint ventures and expansion opportunities. Present clear recommendations to management, supported by reliable financial information.
- Accounting, Financial Reporting and Audit
- Oversee accurate books of accounts, ledger scrutiny, reconciliations and timely monthly and annual closing. Review entity-level financial statements and prepare consolidated management reporting, with statutory consolidation where applicable. Strengthen accounting policies and ensure consistent treatment of transactions across entities. Oversee receivables, payables, fixed assets, advances, intercompany balances and related-party transactions. Coordinate statutory audits, tax audits and other applicable reviews with external professionals. Resolve audit observations and ensure supporting records are complete and readily available. Establish a monthly MIS covering profitability, cash flow, outstanding liabilities, collections, budgets and significant financial risks.
- Real Estate and Project Finance
- Manage project-wise budgets, cash flow forecasts, cost tracking and profitability analysis. Monitor construction expenditure, contractor payments, procurement commitments and cost-to-complete estimates. Work with project, sales and management teams to align expenditure with collections and funding availability. Track customer receivables, collection schedules, overdue payments, cancellations, refunds and channel partner payouts. Review the financial implications of pricing, payment plans, discounts and sales commitments. Oversee applicable RERA-related financial reporting, project account controls and coordination of required certifications. Assess project feasibility, joint venture economics and funding structures. Identify potential funding gaps and cost overruns early, with practical recommendations for management.
- Cash Flow, Treasury and Banking
- Establish and maintain a rolling 13-week cash flow forecast alongside longer-term funding plans.



Plan payments across statutory obligations, employees, lenders, contractors, vendors and operating requirements. Manage working capital and maintain visibility over cash availability across entities. Lead banking relationships and coordinate financing proposals, renewals and lender information requirements. Support debt fundraising, refinancing and negotiations on financing terms. Monitor loan obligations, repayment schedules, security requirements and financial covenants. Ensure intercompany funding and transfers are appropriately reviewed, documented and approved.
- Taxation and Statutory Compliance
- Own the compliance calendar and ensure timely, accurate GST, TDS, income tax and other applicable filings and payments. Review GST reconciliations, input tax credit positions and the tax treatment of relevant transactions. Supervise return preparation and filing by internal staff or external professionals. Coordinate assessments, notices, queries and proceedings with appropriate advisers. Review tax implications of development arrangements, consultancy income, technology activities and new business initiatives. Coordinate with the company secretary and other professionals on applicable corporate filings and governance requirements. Keep management informed of material exposures, unresolved issues and approaching deadlines.
- Proposed AIF and Investment Initiatives
- Support management in evaluating the financial and operational requirements of the proposed AIF. Coordinate with specialist advisers on fund structure, tax considerations, financial processes and implementation planning. Help develop financial models, operating budgets and investor reporting frameworks. Support financial due diligence and assessment of potential investment opportunities. Help establish processes for fund accounting, capital calls, distributions and reporting as applicable to the eventual structure. Coordinate with external fund service providers as required.

Prior AIF or fund finance experience is an advantage; strong ownership of the core group finance function is essential.
- Systems, Controls and Finance Automation
- Review existing accounting workflows and strengthen approval controls, reconciliations and documentation. Improve the use of Tally and relevant accounting, reporting and ERP tools. Work with the technology team to reduce repetitive manual work through practical automation. Establish reliable reporting processes and clear audit trails. Introduce appropriate controls for vendor onboarding, payments, expense claims and access to financial systems. Support adoption of improved processes through training and clear operating procedures.
- Team Leadership
- Lead, mentor and review the work of the accounting and finance team. Assess team capability and recommend additional hiring where required. Define responsibilities, deadlines and review mechanisms for each team member. Coordinate effectively with external CAs, auditors, tax advisers, company secretaries and other specialists. Build a finance function that delivers accurate work on time and supports business decisions.

ESSENTIAL QUALIFICATIONS AND EXPERIENCE
- Qualified Chartered Accountant (ICAI). At least 8 years of post-qualification experience, with substantial responsibility for finance and accounts. At least 3 years of relevant experience with a real estate developer or development business,



including project accounting and cash flow management. Demonstrated experience leading a finance function, business unit or substantial finance team. Strong practical knowledge of accounting, GST, TDS, income tax, audits and financial controls. Experience managing multiple entities, projects or business units. Ability to prepare and interpret budgets, financial models, cash flow forecasts and management reports. Strong Excel skills and working knowledge of Tally or comparable accounting/ERP systems. Ability to work directly with promoters and explain financial issues clearly. Willingness to work full-time from our Juhu, Mumbai office and visit project locations when required.

PREFERRED EXPERIENCE
- Experience in a promoter-led or diversified business group. Direct involvement in bank funding, project finance or debt restructuring. Exposure to joint ventures, development agreements and project feasibility assessments. Experience with AIFs, fund accounting, investment operations or investor reporting. Experience supporting a technology or subscription-based business. Track record of improving finance processes, reporting quality or accounting automation.

WHAT SUCCESS WILL LOOK LIKE During the initial months, you will be expected to:
- Establish a transparent view of the financial position of each entity and project. Identify and prioritise accounting, compliance and cash flow issues. Introduce a dependable cash flow forecast and management reporting calendar. Improve visibility over receivables, liabilities, project costs and funding requirements. Establish clear responsibilities and review processes within the finance team. Present a practical roadmap for stronger controls, systems and team capability.

WHY JOIN US?
- Group-wide responsibility across established businesses and current initiatives. Direct access to the promoters and involvement in important business decisions. Opportunity to shape and strengthen the finance function. Scope to build an appropriate supporting team. Exposure to real estate development, technology and proposed investment initiatives.

APPLICATION REQUIREMENTS Please submit an updated CV and complete the screening questions.

Your application should clearly highlight:

- Your CA qualification year and post-qualification experience. Your experience in real estate development and finance leadership. The number of entities or projects you have managed. Your finance team management experience. Your expected annual CTC and notice period.

Please use approximate figures where appropriate and avoid sharing confidential information belonging to current or previous employers. Pay: ₹3,500,000.00 - ₹4,000,000.00 per year

Ability to commute/relocate

- Juhu, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):
- Are you a qualified Chartered Accountant from ICAI? Please state your qualification year.
- How many years have you worked in an in-house finance role with a real estate developer? Name the relevant employer(s) and your responsibilities for project accounts and cash flow.
- Have you directly owned monthly closing, taxation/compliance, cash flow forecasting and management reporting for a business? Briefly state which areas you personally led.
- What is your expected annual CTC? The advertised range is ₹35–40 lakh per annum.
- What is your contractual notice period and earliest realistic joining date?
- In your most recent leadership role, how many legal entities/projects did you oversee, and how many finance employees reported directly to you?

Experience:
- post-qualification (excluding articleship): 8 years (Required)

Work Location: In person

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