About the company
This opportunity is with a leading real estate and infrastructure development company that is known for developing commercial real estate with a focus on creating office spaces for modern businesses. Its workspaces are designed to boost productivity, foster innovation, and support employee well-being. With an operational portfolio of over 7.5 million square feet and around 9.5 million square feet of completed developments, the company also has approximately 16.5 million square feet of projects in progress and planning. It is shaping the future of commercial real estate for the new-age workforce.
The company is currently seeking an experienced professional to join its finance team at the Mumbai office. The individual will be responsible for formulating and implementing the financial strategy for the organization, as well as evaluating the feasibility of new projects and initiatives. This role will involve closely monitoring and controlling costs to ensure that the brand/segment meets its financial objectives.
Responsibilities
P&L
- Assist in putting together profit and loss (P&L) statements, board reports and management reports such as variance reports, which track budget vs actual spend by department, and statements of cash flow.
- Calculate and analyse key financial ratios and financial indicators of residential business-like Gross SOB, Net collections, and its impact on P&L.
Cash Flow Analysis
- Prepare cash forecast for managing liquidity within an organization and ensuring the necessary cash to meet its obligations and avoid funding issues, essentially better management of working capital.
Budgeting and Scenario Planning:
- Annual Budgeting and forecasting for the residential business of the company.
- Prepare Business plan based on project life cycle for each project / entity at group level. Discussion of budgets with respective departments and finalise the same in consultation with Management.
- Analyse variances, trends, risks and opportunities, performance against budget/forecast/targets, key business drivers and sensitivities. Track and validate project life cycle budget against approved budget by Group Finance, Board.
Requirements
- An MBA degree with 3 to 4 years of work experience.
- Proficient in MS Excel and PowerPoint.
- Has working knowledge on SAP system.
- Has experience of MIS preparation, Annual Budgeting, Strategic Projections (financial modelling knowledge is a must).
- Familiarity with residential real estate or construction sector is preferable.