// Urgent hiring for Vice President Accounts and Controls //
Location: Chennai
Profile: Vice President Accounts and Controls
Experience- 15+ years
Ctc- upto 30 lpa ( Depends on Interview )
Working days-6 days (9:30am-6pm/ 10 am -6:30 pm)
Role Overview:
The Vice President Accounts & Controls will be a key strategic leader responsible for overseeing the entire Accounting, Controls and finance function of the Group, including project budgets, controls,accounting, taxation, audits, compliance, financial planning, treasury and loan management. The role demands strong expertise in cost control, cash flow management, particularly for real estate and capital-intensive businesses.
Key Responsibilities
Project Controls and MIS Systems
- Develop and implement strong control systems to monitor projects and ensure project profitability.
- Manage project cashflows with project accruals
- Lead budgeting, forecasting, and MIS across projects.
Key Responsibilities
Strategic Financial Leadership
- Develop and implement group-wide financial strategies, policies, and controls.
- Provide financial insights for new projects, expansions, land acquisitions, and investments.
- Lead budgeting, forecasting, and MIS across all group companies.
Loan & Debt Management
- Manage all existing and new loans, including:
- Sanction, documentation, disbursement, and compliance
- Interest optimization and restructuring
- Timely servicing of principal and interest
- Maintain strong relationships with banks, NBFCs, and lenders.
- Monitor covenants and ensure zero-default status.
Treasury & Fund Management
- Oversee treasury operations and cash flow management across group companies.
- Ensure optimal utilization of funds and liquidity planning.
- Manage inter-company funding and cash pooling.
- Monitor fund deployment aligned with approved budgets and project timelines.
Accounts, Audit & Compliance
- Oversee end-to-end accounts and finance operations including:
- Finalization of accounts
- Consolidation of group financials
- Statutory, internal, and tax audits
- Ensure compliance with:
- Companies Act
- Income Tax, GST, TDS
- RERA (for real estate entities)
- Other industry-specific regulations
- Liaise with auditors, tax consultants, and regulatory authorities.
Taxation & Risk Management
- Lead direct and indirect tax planning for the Group.
- Ensure tax optimization while maintaining full statutory compliance.
- Identify and mitigate financial, operational, and compliance risks.
- Implement strong internal controls and governance frameworks.
Business-Specific Financial Oversight
- Real Estate:
- Project-level costing, cash flow, and profitability analysis
- RERA compliance and escrow account management
- Land acquisition financial due diligence
- Manufacturing / Bottling:
- Costing, margin analysis, working capital optimization
- Solar Energy:
- Project finance, subsidies, power purchase agreements (financial aspects)
- Land Bank:
- Valuation, holding costs, monetization strategies
Team Leadership & Governance
- Build, mentor, and lead a high-performing finance team across group companies.
- Establish standardized financial systems, ERP, and MIS.
- Drive a culture of financial discipline, transparency, and accountability.
Qualifications & Experience
- Cost and Management Accountant (CMA)/Chartered Accountant (CA) / MBA Finance/ (CMA preferred)
- 1525 years of progressive experience in finance leadership roles
- Strong exposure to MIS reporting, Compliance Management, project finance, and fund management.
- Proven track record in dealing with banks, financial institutions, and investors
- Experience in managing multi-entity group structures preferred
Key Skills & Competencies
- Loan Structuring & Debt Management
- Cost Control and Management
- Financial Modelling & Project Appraisal
- Cash Flow & Treasury Management
- Strong Negotiation & Relationship Skills
- Deep understanding of Indian financial & regulatory environment
- Strategic thinking with hands-on execution ability
Key Success Metrics
- Strong financial controls and compliance record
- Improved profitability and capital efficiency
- Successful support of group expansion plans
- Healthy cash flow management and zero loan defaults
