Financial Planning and Analysis -
Prepare and analyze financial reports, budgets, and forecasts to ensure proper
allocation of resources.
Monitor and assess the financial performance of ongoing real estate projects.
Evaluate project feasibility through financial modeling and cost-benefit analysis
2. Accounting and Bookkeeping -
Maintain accurate records of financial transactions, including accounts payable,
accounts receivable, and general ledger entries.
Ensure compliance with accounting standards and regulations relevant to the real estate
industry.
Conduct periodic reconciliation of bank accounts and financial statements.
3. Taxation and Compliance -
Ensure timely filing of tax returns, including GST, income tax, and other applicable taxes.
Advise on tax-efficient structuring of real estate transactions and projects.
Liaise with tax authorities and auditors to resolve compliance-related issues.
4. Audit and Internal Controls -
Oversee internal and external audits, ensuring adherence to regulatory and
organizational standards.
Develop and implement robust internal controls to mitigate financial risks.
Identify areas of improvement in financial and operational processes.
5. Funding and Treasury Management -
Manage cash flow to ensure adequate liquidity for project execution and operational
needs.
Liaise with banks, financial institutions, and investors for financing and loan approvals.
Monitor repayment schedules and manage financial risks associated with borrowings.
6. Regulatory Compliance and Reporting -
Ensure compliance with local laws, including RERA (Real Estate Regulatory Authority)
regulations.
Prepare and submit reports to regulatory authorities and stakeholders as required.
Stay updated on changes in laws and regulations impacting the real estate sector.
7. Project Cost Management -
Review and control project expenses to prevent cost overruns.
Collaborate with project managers to ensure financial discipline in project execution.
Analyze deviations from budgets and propose corrective actions.
8. Strategic Advisory -
Provide financial insights to support strategic decisions, such as land acquisition, joint
ventures, and new project launches.
Evaluate investment opportunities and advise on portfolio diversification.
Assist in developing pricing strategies for real estate properties.
9. Stakeholder Communication -
Prepare and present financial reports to management, investors, and other
stakeholders.
Collaborate with legal, sales, and marketing teams to align financial strategies with
business goals.
Act as a point of contact for financial and accounting matters.
10. Team Leadership and Development -
Lead and mentor a team of accountants and finance professionals.
Conduct training sessions to enhance team competency in financial management.
Foster a culture of accountability and continuous improvement within the team.
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