Finance Manager (Construction Industry)

Finance Manager

Location:Bangalore

Company:Arch Roof

Website:https://www.archroofings.com/

About Archroof

Archroof is a growing engineering and construction company delivering Trussless Roofing, Pre-Engineered Buildings (PEB), and Turnkey Industrial Projects across multiple locations.

We operate with strong execution discipline, structured project management, and financial control. As we scale operations, we are strengthening our finance function to ensure cash flow discipline, project profitability monitoring, statutory compliance oversight, and financial governance across all projects.

Role Overview

We are looking for an experienced and hands-on Finance Controller to lead financial control, payment governance, working capital management, loan oversight, statutory compliance review, and project-level profitability monitoring.

This role is critical in ensuring financial discipline, risk control, and structured financial decision-making across all ongoing projects.

You will work closely with the CEO, PMO, Site Teams, and Accounts Executive.

Key Responsibilities

Financial Review & Approval

Review and approve customer invoices and milestone billing

Review and approve vendor invoices and purchase-related transactions

Ensure transactions align with approved project budgets

Monitor revenue recognition and cost allocation

Payment Authorization & Execution

Approve vendor payments and site-related disbursements

Authorize and execute bank transactions

Monitor customer collections and outstanding receivables

Ensure payment prioritization based on cash flow position

Cash Flow & Bank Control

Monitor daily and weekly cash position

Prepare short-term and medium-term cash flow forecasts

Control bank balances and fund allocation across projects

Plan vendor payments aligned with collections and commitments

Working Capital & Loan Management

Monitor receivables, payables, and overall cash conversion cycle

Optimize working capital utilization across parallel projects

Track retention receivables and advance recoveries

Manage CC / OD / BG / LC limits and optimize utilization

Monitor drawing power and ensure compliance with bank covenants

Plan loan repayments and monitor interest costs

Coordinate with banks for documentation, renewals, and limit enhancements

Maintain financial discipline to ensure healthy banking relationships

Site Expense Approval & Release

Approve site expense limits project-wise

Approve site advances and expense releases

Review high-value or unusual site expenses

Escalate financial risks or cost overruns to Management

Compliance Review & Filing Oversight

Review GST, TDS, PF, ESI, and PT workings prepared by Accounts Executive

Approve statutory payments before submission

Coordinate with external auditors and consultants

Ensure all compliance timelines are met

Audit & Statutory Coordination

Lead coordination with statutory auditors

Handle audit queries, inspections, and documentation reviews

Ensure timely closure of audit observations

Maintain financial documentation integrity

Financial Reporting & Management Updates

Prepare monthly financial reports for Management

Review project-wise profitability and cost performance

Track budget vs actuals and highlight deviations

Share financial insights and risk indicators with CEO

Project Financial Closure

Perform project-level financial reconciliation

Approve final billing and cost closures

Ensure documentation archiving and financial sign-off

Eligibility & Skills

B.Com / M.Com / CA Inter / MBA (Finance) preferred

815 years of experience in Finance / Accounting

Strong experience in construction / EPC / project-based industry (Mandatory)

Strong working knowledge of:

Working capital management

Loan & banking relationship management

Cash flow forecasting

Budget vs actual monitoring

Tally & ERP systems

GST, TDS and statutory compliance oversight

Financial reporting and MIS

Advanced Excel

What We Are Looking For

Financial discipline and governance mindset

Strong commercial judgment

Risk-aware and detail-oriented

Comfortable interacting with site teams and management

Ability to build structured finance processes

High integrity and ownership

Why Join Archroof?

Work in a growing engineering & construction company

Direct exposure to CEO and strategic financial decisions

Opportunity to build and lead finance governance systems

Structured accountability-based work environment