Deputy General Manager Finance & Accounts Business Development Support/cost Management Real Estate

Year    Mumbai, Maharashtra, India

Job Description


This role is for a listed Real Estate company based in Mumbai

Direct Reports 2-3

Total Reports 6-8

Principal Accountabilities:

Business Development - Finance Support Role

- Ownership for driving Business Development activities from the perspective of closure of financial and tax due diligence within stipulated timelines

- Reviewing term sheet, agreements, conveyance, and all other documents and share summary of key terms with relevant stakeholders. Red flag any term which may have financial obligation or risk.

- Tax optimisation, clearance from tax team on new deals supported by tax opinion, if any

- Oversee fund arrangement, initial budget and approval process of deal diligences and land acquisition.

- Understanding and providing inputs related to new project model and analysing the cash flow, costs, revenue etc.

- Handholding the Go- To - Market process finance related aspect from Land to Launch

Cost Management Role

- Ownership of structured, in-depth review and approval of quarterly cost to completion exercise of all ongoing projects and new project stage budget - CD, SD, DD, GFC etc.

- Sound knowledge of Project Lifecycle Costing and tracking quarter on quarter cost estimates against original business plan.

- Driving SAP related automations and Standardisation of overall project cost Structure (WBS), savings, escalation, contingency budgets etc.

- Tracking project progress, preparing project related MIS & monitoring of Project cashflows against planned progress.

- Ownership of Cost and Budget data to FP&A team for annual project budget and cash-flow forecast.

- Ownership related to pre-approval of all contracts on financial terms, cost and tax optimisations and budgetary control.

- Ensure adequate insurance for all projects, diligence/financial pre-qualification of vendors, tracking and timely renewal of Bank Guarantees

Functional Competencies:

- Good understanding of real estate and new deal financial and tax diligence

- Strong conceptual understanding of Project lifecycle costing,

- Good in business partnering, team handling and driving things.

- Excellent know how of SAP ERP, and MS-Office (Excel, Power-point, Word & Outlook)

- Analytical skills with solution-oriented approach and positive attitude

Qualification and Experience: CA 12-15 years post qualification

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Job Detail

  • Job Id
    JD3235068
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year