Financial Controller
Ridhira Group - Building World's largest Wellness Communities
2 - 5 years
Hyderabad
Posted: 18/12/2025
Job Description
Job Title: Finance Controller
Department: Finance & Accounts
Location: Nanakaramguda / Hyderabad
Company: Ridhira Group
Reporting To: CFO / Managing Director
Role Overview
The Finance Controller will lead end-to-end financial management, compliance, and strategic financial planning for the Group, with a strong focus on real estate project finance, cashflow control, and fund management. The ideal candidate must be a professional with a hardcore real estate finance background , and proven experience in managing financial operations of real estate development including townships, gated communities, villas, plotted development, high-rise, and/or luxury residential projects.
Key Responsibilities
1. Financial Planning & Budgeting
- Create annual financial plans & projections for real estate projects and group entities .
- Prepare & monitor project-wise budgets, RERA fund planning, and cost sheet controls .
- Optimize spending while ensuring adherence to business strategy.
2. Project Finance & Fund Management
- Track cashflows, receivables, project inflows & outflows with real-time accuracy.
- Manage project escrow accounts, RERA compliance accounts & financial structuring .
- Lead fund raising, bank loans, project financing, and working capital management .
3. Cost, Revenue & Margin Control
- Perform project profitability analysis (per tower/unit/phase).
- Track procurement cost variance, vendor payments, subcontractor billing & milestone certs .
- Highlight financial risks and recommend corrective actions proactively.
4. Accounts, Audit & Compliance
- Oversee monthly closing, financial statements, MIS reporting & consolidation .
- Ensure compliance with RERA, GST, Income Tax, ROC, audit standards and management controls .
- Liaise with internal & statutory auditors for annual and quarterly audits.
5. Sales, Customer & Collection Coordination
- Work closely with sales teams to track collections vs milestones vs agreements .
- Monitor payment schedules, demand letters, interest calculations & customer ledgers .
- Ensure alignment between CRM, sales operations & finance systems.
6. Treasury & Risk Management
- Maintain short-term and long-term treasury forecasts .
- Evaluate and manage financial risks with robust controls and reporting dashboards .
- Suggest financial restructuring models to improve ROE & project returns.
7. Reporting & Leadership
- Submit weekly/monthly MIS to CFO/Management (cashflow, revenue forecasts, budget utilization, project KPIs).
- Present financial insights for strategic decision-making, pricing planning, and business growth .
- Mentor & lead finance teams; develop strong internal financial discipline.
Required Skills & Experience
Requirement Standard Experience 10- 18+ years strictly from a hardcore real estate finance background IndustryReal Estate Development (Residential, Luxury, Villas, High-Rise, Gated Communities, EducationCA strongly preferred; MBA Finance / ICWA optional if backed by strong real estate experienceSoftware ExpertiseTally ERP / SAP / Zoho / FAR / RERA tools / CRM-Finance integrationSpecializationsRERA Finance, Project Escrow, Budget control, Contract billing, Fund planning & MIS
Behavioral Competencies
- Strong financial discipline and control mindset
- Excellent analytical and risk assessment ability
- Extremely detail-oriented and process-driven
- High ownership, integrity and confidentiality
- Leadership, team motivation and stakeholder communication skills
- Ability to work in a fast-paced, dynamic real estate environment
Key Performance Metrics (KPIs)
- Timely availability of cash for project execution
- Collection efficiency and receivable reduction
- Budget variance control and forecast accuracy
- Timely monthly/quarterly closing and compliance
- Audit issue closures & zero non-compliance observations
- MIS and reporting accuracy for management decisions
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