Job Description

I. Planning and Execution:Fund Flow/Cash Flow Management:Fund Flow Management:Oversee the fund flow across all entities to ensure liquidity and financial stability.Coordinate with banks and financial institutions for loans, overdrafts, and other funding requirements.Cash Flow Management:Ensure cash flow statements are maintained for all entities.Ensure sufficient cash flow to meet operational needs and obligations.Financial Compliance and Financial ReportingEnsure all financial reporting practices and statements are prepared accurately and submitted to the Management.Minimize financial risk.Aware of current processes, understanding company weaknesses, engaging employees with training, and openly communicating areas of opportunity to safeguard assets better.Periodical Audits and Internal Controls.Ensure conduct of periodical audits and exercise necessary controlsStrategic PlanningFinancial Strategy Development - To develop financial strategies aligned with the company's long-term goals.Resource Allocation - Efficient allocation of financial resources to maximize returns and support business growth.Investment Analysis: Evaluating potential investments and advising on financial viability.Present the business proposition to potential investors / lenders and act as an interface between the company and its potential investor / lenderBudgeting and Budget Allocation:Budget Preparation:Develop annual budgets for all entities of Adissia Developers Pvt Ltd.Collaborate with department heads to forecast and allocate budgets based on organizational goals and financial analysis.Budget Monitoring:Monitor budget adherence and report variances.Adjust budget allocations as necessary to meet financial objectives and operational needs.Oversee the overall payments & receivable and cost management.Bank Reconciliation:Daily Reconciliation:Perform daily reconciliations of bank account balances against Tally account balances.Identify and resolve any discrepancies promptly.II. Professional Development:Workshops/CWE:Advanced financial modeling and valuationStrategic financial managementCertifications:Certified Real Estate Financial Analyst (CREFA)Real Estate Investment Certification (REIC)Regulatory Compliance and TaxationCourses and Certifications:GST Practitioner CertificationTaxation of Real Estate TransactionWorkshops/Seminars:Updates on tax laws and complianceRegulatory changes in the real estate sectorProfessional Associations:Membership in professional bodies like the Institute of Chartered Accountants of India (ICAI), Association of Chartered Certified Accountants (ACCA)Conferences and Industry Events:Attend industry conferences and real estate finance summitsParticipate in webinars and online forums related to finance and real estateParticipate in Investor Commits.III. Documentation:Annual project budgets.Investor Pitch documentsMonthly/quarterly profit and loss statementsBalance sheets.Debtors and creditors aging reports.TDS receivable and payable reports.Loan and advance statements.Monthly GST returns and filings.Correspondence with Consultant on tax filing.Copies of filed GST returns.Documentation for compliance with financial regulations.Records of filings and submissions to regulatory authorities.Records of internal and statutory audit reports.Detailed entries in Tally with narrations for all expenses.RTGS/NEFT transaction records for payments made.Daily bank account statements.Documentation of any discrepancies and their resolutions.Detailed annual budgets for all companies in the group.Departmental budget forecasts and allocations.Monthly/quarterly budget vs. actual expenditure reports.Variance analysis reports.Monthly fund flow statements for each entity.Detailed cash flow statements prepared periodically.Cash flow projections and analysis.IV. Behaviour and Safety:Establishing a safe, purposeful and stimulating environment for colleaguesMaintaining good relationships with staff and studentsBeing a positive role model and demonstrating consistently the required traits and attitudesBeing responsible for promoting and safeguarding the welfare of the organization, raising any concerns following company protocol/proceduresV. Teamwork and Collaboration:Participate in department or other meetings and provide constructive inputs for improvementWorking as a team member and identifying opportunities for working with colleagues and sharing the development of effective practice with themEnsuring that colleagues working with you are appropriately involved in supporting learning and understand the roles they are expected to fulfill

MK Groups India