Job Description

1. JOB PURPOSE

(Briefly describe the general purpose of the position or its significance from the organization's point of view and how it contributes to the overall mission/objective of the organization).

Business Context: A huge Campus Project has been undertaken with a large budget provisioning and will require strict monitoring of Finance related activities

Job Purpose: In the above context, the Financial Controller role is responsible to determine the cost for the project/s along with budgeting and controls. - He / She will be responsible for monitoring of financial activities, find slippages, recovery, cost saving and analysis of variation. He / She will work with the Project team on the smooth rollout of project activities. Would be also responsible for publishing of financial dashboards and stakeholder management.

Comments:

- The role would provide Financial inputs to the Head Real Estate & Infra

- The role is expected to oversee and control the Financial processes for the RE property portfolio

3. PRINCIPAL ACCOUNTABILITIES :

(List the accountabilities/duties associated with the job and the major activities associated with each accountability. When accountabilities are complete, try if possible to estimate the relative % of time spent on these accountabilities.)

Accountabilities Major Activities % of Time :

- Project Budget and cash flows - Interact with group company CFO and other tax teams for fund requirement.

- Maintain , manage and track cash flow and send reconciliation statements.

- Prepare Budgets and financial forecast .Act as a single point of contact for all queries from finance per say.

- Review costs on a timely basis to ensure alignment of costs with the budgeted targets and take corrective actions if required - Continuously review long-range operational forecasts,

- Review the Project deliveries with respect to financial targets at a consolidated level on a monthly basis and take corrective actions

- Monitor financial activities, find slippages, mitigation, recovery, cost saving and analysis of variation - Give inputs to the Project team through providing the Financial foresights and budget compliance

- Monitoring budget adherence and periodic reviews to track performance

- Support stakeholder management - Publishing of Financial Dashboards

- MIS

- Support month-end and year-end project closure process and reporting - Initiate and facilitate generation of monthly financial reports

- Identify financial issues and suggest timely solutions for efficient project closure

- Monitor Financial compliance with regards to policies - Ensure that the overall functioning is in line with the organizational requirements and ensure that all necessary documentation is in place

- Ensures Vendor GST compliance and generates reports.

- Ensures tax compliance

4. MAJOR CHALLENGES

(Describe the major challenges you face on an on-going basis in carrying out your job).

- Dynamic needs of the Project/s induce a need to be flexible and adaptive

- End to end handling of the Financial aspects of the Project

5. DECISIONS

(Mention the key decisions taken by job holder at his end and the decisions for which the job holder goes to superior with options and recommendations or seek approval).

- Decisions made by job holder

- As per the defined authority matrix created by Board of Directors

- Approvals within the budgets defined and decision matrix

- Financial management and other administrative responsibilities

- OPEX and CAPEX

- Recommendations to or approval by superior

- Inputs towards annual budgeting

- Deviations from existing budgets, plans and MIS

6. INTERACTIONS

(Describe the job roles that you interact with inside or outside the company to enable you to meet your accountabilities and the key expectations from these interactions. Also mention purpose).

Internal Interactions

- Roles you need to interact with inside the organization to enable success in your day to day work

- Program Leader - for Project planning

- Function Heads - to ensure right support for project deliveries

- Group CFO - to align with the financial goals

External Interactions:

- Roles you need to interact with outside the organization to enable success in your day to day work

- Infrastructure vendors

- Govt. Authorities - for compliance related activities

7. DIMENSIONS

(List the significant numerical data which will reflect the scope and scale of activities concerning this job).

Financial Dimensions

(These should be quantifiable numerical amounts like annual budgets, project costs, annual revenue, purchase value, no of transactions etc.).

- Project Cost / Budget

- ~INR To be provided Cr. ( )

- OPEX

Other Dimensions

(Indication of some of the significant volumes associated with the job like number in team/ staff handled etc).

- Geographies: Pune and Metro locations

8. SKILLS AND KNOWLEDGE

(State the minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).

Educational Qualifications

- Graduation in Commerce / Science

- CA or full time MBA/PGDM in Finance

Functional Skills & Behavioral Skills

- Costing, Budgeting, Financial Analysis

- Cost saving initiatives

- MIS, reporting

- Problem-solving skills

- People Management Skills

Relevant and total years of Experience:

- 5+ years of experience in Finance industry / Domain

- Vintage of 2+ years in any of the Bajaj Group of companies will be preferred.