Job Opportunity: Group Financial Controller (Real Estate & Hospitality) Bengaluru
About the Role
We are seeking a seasoned Group Financial Controller to lead financial operations across diverse verticals in real estate development and hospitality. This pivotal role will oversee consolidated reporting, treasury, taxation, project finance, hotel finance, and statutory compliance—ensuring financial discipline, optimizing cash flows, and driving strategic growth for the group.
Key Responsibilities
Financial Reporting & Control
Lead monthly, quarterly, and annual closings across group entities.
Prepare consolidated financial statements (P&L, Balance Sheet, Cash Flow).
Implement and monitor internal financial controls in line with Ind-AS and Companies Act.
Budgeting, Forecasting & Performance Analysis
Develop annual budgets for projects, hotels, and corporate functions.
Conduct rolling forecasts, variance analysis, and profitability tracking.
Monitor hotel KPIs (ADR, RevPAR, Occupancy, GOP, EBITDA).
Cash Flow Management & Treasury
Manage liquidity, project finance, construction funding, and loan drawdowns.
Oversee banking relationships and optimize interest costs.
Real Estate Finance Oversight
Monitor construction budgets, contractor billing, and RERA compliance.
Review receivables, milestone-linked invoicing, and project-level profitability.
Hospitality Finance Oversight
Supervise financial operations of hotels, restaurants, banquets, and F&B.
Ensure adherence to brand standards, SOPs, and procurement controls.
Taxation & Compliance
Ensure compliance with GST, TDS, Income Tax, RERA, and local taxes.
Oversee audits, certifications, and liaise with tax advisors/regulators.
Systems & Process Excellence
Drive ERP and financial system implementation across real estate and hospitality.
Integrate PMS, POS, CRM, and accounting systems for enhanced visibility.
Leadership
Lead finance teams across projects, hotels, and corporate office.
Build capabilities in taxation, MIS, FP&A, treasury, and compliance.
Qualifications & Experience
Chartered Accountant (CA) mandatory; MBA (Finance) preferred.
12–20 years of experience in real estate and/or hospitality finance.
Strong expertise in taxation, treasury, project finance, and hotel operations.
Proven track record in multi-entity, multi-location businesses.
Key Skills
Deep knowledge of accounting & tax (GST, TDS, Income Tax, RERA).
Financial modelling and analytical expertise.
Strong cash flow management and treasury skills.
Leadership and stakeholder management.
Performance Indicators
Accuracy and timeliness of financial statements.
Zero penalties or delays in tax compliance.
Cash flow stability and treasury efficiency.
Hotel GOP & project profitability.
Audit closure timelines and budget adherence.
📍 Location: South Bengaluru, Karnataka
📌 Industry: Real Estate Development + Hotels & Hospitality