Chief Financial Officer (CFO) (Sahibzada Ajit Singh Nagar)

Chief Financial Officer (CFO) (Sahibzada Ajit Singh Nagar)

14 Nov
|
Mohawk Realty
|
Sahibzada Ajit Singh Nagar

14 Nov

Mohawk Realty

Sahibzada Ajit Singh Nagar

Strategic Mandate

Set the group’s financial strategy across real estate, hospitality and the capital-raising business.

Structure project funding: equity, debt, JV and joint development capital, investor platforms and NRI inflows.

Lead conversations with banks, NBFCs, funds, hotel brand partners and large investors on financial terms.

Advise the MD on entity structuring, project viability, pricing and capital allocation across group companies.

Present financials to investors, lenders and boards with full command of the numbers.

Key Responsibilities

1. Project and Construction Accounting

Maintain separate books per project and per entity (LLPs and private limited companies). Track construction cost against budget: contractor bills, measurement books ,retention, mobilisation advances and escalation claims.

Run cost-to-complete and cash-flow forecasts for each project, updated monthly.

Certify contractor and vendor payments only against verified work and approved BOQs.

1. RERA Compliance (Multi-State)

Manage RERA registration paperwork, quarterly progress updates and annual audited statements for each registered project. Control the designated RERA project account: deposits, withdrawal certifications with engineer and CA sign-off, and fund-utilisation reconciliation.

Track filing calendars across the Punjab, Himachal Pradesh, Haryana and Uttarakhand RERA portals; no missed deadlines.

Coordinate with architects and engineers on completion and progress certificates .Hospitality Accounts

Set up and oversee accounts for hotel and resort operations: revenue by outlet, F&B; costing, night audit, and POS/PMS reconciliation.

Manage pre-opening budgets and capex for upcoming resorts.





Prepare reporting packs for hotel brand operators and management-contract partners where applicable.

1. Statutory, Tax and Audit

GST across construction, sale of units, joint development arrangements and hospitality services. TDS on property purchases, contractor payments, rent and professional fees.

Income tax, ROC/MCA filings for companies and LLPs, and coordination with statutory auditors. Land-related compliance: stamp duty, registration, land-use change and approval-fee accounting.

1. Treasury, Funding and Investors

Manage banking relationships, project loans, escrow arrangements and drawdowns. Account for investor money correctly: equity, debt, advances and JV contributions, including NRI and foreign inflows under FEMA reporting.

Prepare investor MIS, IRR and returns statements for the capital-raising platform.

1. Controls and MIS

Deliver monthly MIS to the MD within 10 working days of month-end: P&L;, cash, receivables, payables and project status. Build approval matrices, purchase controls and inter-company reconciliation across group entities.

Lead the finance team, including the existing Accounts Manager, who handles day-to-day RERA, GST and TDS filings under the CFO’s supervision.

Must-Have Requirements

Qualified Chartered Accountant (ICAI). CFA or CMA is a plus, not a substitute.

Has owned RERA compliance for at least two projects, including filings and designated-account withdrawals, and can walk through them in detail.

Construction or real estate project accounting experience, not only audit-side exposure.

Strong Tally and/or ERP skills; Excel modelling at a level to build project cash flows unaided.

Share your cv at: [email protected]

Perks

- Paid sick time
- Paid time off

Work Location: In person

📌 Chief Financial Officer (CFO) (Sahibzada Ajit Singh Nagar)
🏢 Mohawk Realty
📍 Sahibzada Ajit Singh Nagar

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