Vice President
Job Description
VICE PRESIDENT — ACCOUNTS & FINANCE
Real Estate Industry | IND AS Expertise | IPO / Listing Experience
Senior Leadership Role | Strategic & Operational Finance | Board-Level Reporting
Function
Accounts & Finance
Industry
Real Estate / Infrastructure
Location
Jaipur, Rajasthan
Reporting To
CFO / MD & Board
Experience
15–22 Years Post-CA
Employment
Full-Time / Permanent
Notice Period
Immediate to 60 Days
CTC
As per industry norms
ROLE OVERVIEW
We are seeking a highly accomplished Vice President — Accounts & Finance with proven expertise in the Indian Real Estate sector. The incumbent will be a core member of the senior leadership team, responsible for spearheading all financial operations, ensuring strict compliance with Indian Accounting Standards (IND AS), and playing a pivotal role in the organisation's journey toward stock exchange listing on BSE/NSE. This is a high-impact role demanding both strategic vision and hands-on operational excellence.
KEY RESPONSIBILITIES
A. Financial Leadership & Strategy
• Lead and oversee all accounting and finance functions — Financial Reporting, Taxation, Treasury, Budgeting, Audit, and Compliance.
• Develop and implement long-term financial strategies aligned with business growth plans and stakeholder expectations.
• Drive financial planning and analysis (FP&A) — annual budgets, rolling forecasts, and variance analysis.
• Provide strategic financial insights and recommendations to the MD, CFO, and Board of Directors.
• Establish robust internal financial controls, SOPs, and governance frameworks across all business units.
B. IND AS Compliance & Financial Reporting
• Ensure preparation and presentation of financial statements in full compliance with Indian Accounting Standards (IND AS), including:
%E6; IND AS 115 — Revenue from Contracts with Customers (Real Estate project revenue recognition)
%E6; IND AS 116 — Leases; IND AS 109 — Financial Instruments; IND AS 36 — Impairment of Assets
%E6; IND AS 110/111 — Consolidated Financials, Joint Arrangements
• Lead and maintain the transition from IGAAP to IND AS framework; advise management on accounting policy decisions.
• Oversee consolidated financial statements for the group including subsidiaries, JVs, and SPVs.
• Liaise with Statutory, Internal, and Cost Auditors for timely and clean audits.
• Ensure compliance with SEBI Regulations, Companies Act 2013, and Income Tax Act provisions for listed/listing-bound entities.
C. IPO / Listing Readiness & Capital Markets
• Own and drive the end-to-end process of preparing the company for BSE/NSE listing — readiness assessment, due diligence, DRHP coordination.
• Work with Merchant Bankers, Legal Advisors, SEBI, exchange teams, and RTAs throughout the IPO process.
• Ensure SEBI-compliant, audit-ready financial statements as per ICDR Regulations for the required number of reporting years.
• Lead investor relations post-listing — quarterly results, earnings calls, SEBI disclosures, and analyst briefings.
• Manage pre-IPO fund-raising including Private Equity, NCDs, structured debt, and working capital facilities.
• Coordinate with credit rating agencies; manage investment banker and institutional investor relationships.
D. Real Estate Finance & Project Accounting
• Oversee project-level financial management for residential, commercial, and mixed-use developments.
• Manage JDA (Joint Development Agreement) accounting, JV accounting, land cost amortisation, and RERA-compliant escrow management.
• Supervise construction-stage accounting, WIP tracking, and project cost-to-completion analysis.
• Handle fund flow management, collections monitoring, and receivables tracking across all active projects.
• Ensure full RERA compliance — escrow maintenance, quarterly fund utilisation reporting, and regulatory submissions.
E. Taxation, Treasury & Risk Management
• Oversee all direct and indirect tax compliances — Income Tax, GST (construction/real estate supply), TDS, and Advance Tax.
• Drive tax planning strategies to optimise the organisation's tax position within the legal framework.
• Manage treasury operations — short and long-term borrowings, forex risk, cash flow planning, and banking relationships.
• Develop enterprise risk frameworks, hedging strategies, and financial risk registers.
F. Team Leadership & Stakeholder Engagement
• Build, mentor, and lead a high-performing finance team of 20+ professionals across accounts, taxation, project finance, and compliance.
• Present financial results, business plans, and strategic recommendations to the Board, Audit Committee, and external stakeholders.
• Partner with Business Development, Sales, Legal, and Projects teams to enable informed commercial decision-making.
QUALIFICATIONS & EDUCATION
Qualification
Details
Mandatory
Chartered Accountant (CA) — ICAI
Preferred (Additional)
CS / CMA / MBA Finance / LLB
IND AS Certification
Preferred — ICAI IND AS Certificate
SEBI / ICDR Knowledge
Strong working knowledge mandatory
EXPERIENCE REQUIREMENTS
Mandatory Criteria (Non-Negotiable)
• Minimum 15 years of post-qualification experience with at least 7–10 years in a senior leadership role (AVP / VP / DGM / GM Finance or equivalent).
• MANDATORY: Deep, hands-on IND AS experience — must have independently handled IND AS-compliant financial reporting for a mid-to-large organisation.
• MANDATORY: Direct, proven experience in getting a company listed on BSE/NSE — must have actively led the IPO/listing process (not merely supported in a junior capacity).
• MANDATORY: Real Estate industry background — developer, NBFC with RE portfolio, or infrastructure company with residential/commercial project experience.
• Experience working with SPVs, JDA structures, RERA compliance, and project-level accounting in real estate.
Preferred Criteria
• Current or past experience with a listed real estate company — investor relations, SEBI disclosures, and quarterly results.
• Track record of raising debt or equity capital (PE, NCD, QIP, IPO) from institutional investors.
• Big 4 or top-tier CA firm experience prior to joining the industry.
• Exposure to ERP systems — SAP FICO, Oracle Financials, Yardi, or similar platforms.
• Multi-city or pan-India real estate operations experience spanning residential, commercial, and plotted development.
KEY COMPETENCIES & SKILLS
Technical Skills
Leadership & Behavioural Skills
IND AS / IGAAP Financial Reporting
Strategic Thinking & Business Acumen
IPO / DRHP / SEBI ICDR Compliance
Executive Presence & Board Communication
RERA Finance & Escrow Management
Team Leadership & People Development
GST, Income Tax, TDS (Real Estate)
Stakeholder & Investor Relations
Consolidated Group-Level Accounts
Integrity, Ethics & Governance
Project Finance & WIP Accounting
Problem Solving & Decision Making
Treasury & Cash Flow Management
Negotiation & Conflict Resolution
ERP — SAP / Oracle / Yardi
Adaptability in High-Growth Environments
WHAT WE OFFER
• A seat at the table — direct reporting to CFO/MD with full ownership of the finance function.
• High-visibility role with a fast-growing, well-capitalised real estate group with a strong project pipeline.
• Opportunity to lead a landmark listing event that will define your career legacy.
• Competitive compensation package benchmarked to industry standards with ESOPs and performance bonuses.
• Professional development, leadership coaching, and an empowered, merit-driven work culture.
Important Note to Applicants
Candidates who do not have: (1) direct IND AS implementation experience, (2) hands-on IPO/BSE-NSE listing exposure, and (3) Real Estate industry background — will NOT be considered for this role regardless of total years of experience. Please apply only if all three mandatory criteria are met.