Strategic CFO – Real Estate & Infrastructure Group, Lucknow (10–15 Yrs, CA)
GRPL India (Galaxy Resource Pvt. Ltd.) is hiring a Chief Financial Officer (CFO) in Lucknow, Uttar Pradesh for our client, Abhyudaya Housing & Constructions Pvt. Ltd.. This is a full time opening. Salary: Up to Rs 50 LPA. Experience: 10 – 15 years (min. 10 post-qualification). Open to male and female candidates.
Galaxy Resource Pvt. Ltd. Client is looking for an experienced, commercially driven and strategic Chief Financial Officer (CFO) to lead the company's finance, accounts, taxation, treasury, project finance and financial governance functions.
The CFO will play a critical role in supporting the company's growth by managing project financing, fund-raising, financial planning, cash-flow management, project profitability, taxation, RERA compliance, risk management and internal financial controls across the organisation's real estate and infrastructure portfolio.
The ideal candidate should have strong hands-on experience in real estate development, construction finance and project financial management, with a proven ability to work closely with promoters, senior management, banks, NBFCs, investors, auditors and other stakeholders.
Role Snapshot
- Position: Chief Financial Officer (CFO)
- Hiring company: Galaxy Resource Pvt. Ltd. (GRPL India) – for client Abhyudaya Housing & Constructions Pvt. Ltd.
- Location: Lucknow, Uttar Pradesh (226001)
- Pay: Up to Rs 50 LPA
- Experience: 10 – 15 years (min. 10 post-qualification)
- Qualification: Chartered Accountant (CA) – mandatory; MBA Finance / CFA / CS an advantage
- Openings: 2
- Open to: Male and Female candidates
- Job type: Full Time
- Priority: Urgent hiring
Key Responsibilities
Financial Strategy & Business Planning
- Partner with the Managing Director and Board to develop and execute the company's financial strategy.
- Prepare annual budgets, long-term business plans and project-wise financial forecasts.
- Conduct financial feasibility studies for residential, commercial and infrastructure projects.
- Evaluate projects using IRR, NPV, EBITDA, cash-flow, break-even and sensitivity analysis.
- Assess land acquisition, outright purchase, joint development and joint venture opportunities.
- Develop financial strategies to support growth while maintaining healthy liquidity and leverage.
Project Finance & Fund Raising
- Lead fund-raising initiatives with banks, NBFCs, financial institutions, AIFs, private equity investors and strategic partners.
- Structure construction finance, term loans, working-capital facilities, project debt and refinancing arrangements.
- Prepare financial models, lender presentations, credit proposals and information memoranda.
- Negotiate interest rates, repayment schedules, security structures, covenants and financing terms.
- Maintain strong relationships with banks, investors, lenders, rating agencies and financial advisers.
- Monitor utilisation of sanctioned facilities and compliance with lender conditions.
- Evaluate structured debt, equity participation, joint ventures and other financing alternatives.
Cash Flow & Treasury Management
- Maintain close control over company-level and project-level cash flows.
- Prepare weekly, monthly and quarterly rolling cash-flow forecasts.
- Establish project-wise fund allocation and cash-waterfall mechanisms.
- Optimise borrowing costs, surplus funds and working capital.
- Ensure timely availability of funds for land payments, construction, statutory dues and operational requirements.
- Monitor collections, receivables and vendor payment schedules.
- Ensure timely debt servicing and prevent liquidity mismatches.
Project Costing & Profitability
- Establish project budgeting, cost-control and cost-to-complete mechanisms.
- Monitor budget versus actual expenditure across projects and cost centres.
- Track project revenue, collections, construction costs, overheads, margins and EBITDA.
- Identify cost overruns, revenue leakages and margin pressures.
- Review contractor bills, major procurement commitments and high-value payments.
- Work closely with Projects, Procurement, Sales, CRM and Legal teams to protect project profitability.
- Ensure project pricing and payment plans support targeted returns and cash-flow requirements.
MIS & Management Reporting
Prepare accurate and timely monthly MIS and management dashboards covering:
Provide forward-looking financial analysis, forecasts and early-warning indicators to support management decision-making.
- Sales and collections.
- Customer receivables.
- Project-wise cash flow.
- Budget versus actual expenditure.
- Construction cost and cost-to-complete.
- Customer advances.
- Debt position and finance costs.
- Project profitability, EBITDA and IRR.
- Statutory and lender compliance.
- Land and development liabilities.
Accounts, Taxation & Regulatory Compliance
- Oversee accounting and timely finalisation of financial statements.
- Ensure compliance with applicable accounting standards.
- Lead GST, TDS, direct taxation and other statutory compliances.
- Ensure compliance with the Companies Act, RERA and other applicable real estate regulations.
- Monitor project-specific RERA accounts, fund utilisation and related documentation.
- Coordinate statutory audits, tax audits, internal audits and lender audits.
- Ensure timely filing of tax returns, financial statements and statutory reports.
- Coordinate with tax consultants and professional advisers regarding assessments, notices and regulatory matters.
Internal Controls & Risk Management
- Develop and implement robust financial controls and approval matrices.
- Establish SOPs for procurement, contractor billing, payments, collections and project expenditure.
- Ensure proper segregation of duties and complete audit trails.
- Identify financial, taxation, contractual, compliance and liquidity risks.
- Minimise unauthorised expenditure, financial leakages and misuse of project funds.
- Strengthen corporate governance and financial transparency.
ERP & Finance Process Improvement
- Drive effective implementation and utilisation of ERP and financial-management systems.
- Integrate Finance with Sales, CRM, Procurement, Projects and Inventory functions.
- Automate reporting, reconciliations and approval workflows.
- Improve accuracy and speed of financial reporting.
- Establish project-wise and department-wise financial accountability.
Leadership & Stakeholder Management
- Build, mentor and lead the Finance, Accounts, Taxation and Compliance teams.
- Work closely with the Managing Director, Board and business heads.
- Manage relationships with banks, NBFCs, investors, auditors, consultants and legal advisers.
- Promote financial discipline and commercial awareness throughout the organisation.
- Present financial performance, risks and strategic recommendations to senior management and the Board.
Key Performance Indicators (KPIs)
The CFO will be evaluated on:
- Effective availability and utilisation of project funding.
- Reduction in overall cost of capital.
- Accuracy of financial budgets and forecasts.
- Project-wise profitability and cash-flow performance.
- Reduction in cost overruns and financial leakages.
- Improvement in collections and working-capital cycle.
- Timely completion of audits and statutory filings.
- Compliance with RERA and lender requirements.
- Strength of internal financial controls.
- Quality and timeliness of Board-level financial reporting.
Who Should Apply
Essential Qualifications
- Chartered Accountant (CA) – Mandatory.
- MBA Finance, CFA or Company Secretary qualification will be an added advantage.
- Minimum 10 years of post-qualification experience.
- Significant experience in real estate, construction or infrastructure is essential.
- Previous experience as CFO, Finance Director, VP Finance, Head of Finance or equivalent senior finance leadership role will be preferred.
Required Experience
The candidate should have strong experience in:
- Real estate project finance and construction funding.
- Debt raising from banks, NBFCs and financial institutions.
- Project feasibility and financial modelling.
- Project budgeting and cost control.
- Cash-flow and treasury management.
- Project profitability analysis.
- RERA financial requirements.
- GST and direct taxation.
- Companies Act compliance.
- Statutory and internal audits.
- Multiple projects, entities and banking relationships.
- Land acquisition and project due diligence.
- Joint Development Agreements (JDA) and Joint Ventures (JV).
- Real estate ERP and financial reporting systems.
Key Competencies
- Strategic and commercial financial thinking.
- Excellent financial modelling and analytical skills.
- Strong fund-raising and lender negotiation capabilities.
- Excellent cash-flow and treasury management.
- Strong understanding of real estate project economics.
- Cost-control and profitability management.
- Risk management and corporate governance.
- High integrity and ethical standards.
- Strong leadership and team-management skills.
- Excellent communication and Board-level presentation skills.
- Hands-on and execution-oriented approach.
- Ability to operate effectively in a fast-growing entrepreneurial organisation.
Key Skills
Strategic Finance, Fund Raising, Construction Finance, Board Reporting, Taxation, Cash-flow Management
Pay & Perks
Salary: Up to Rs 50 LPA.
- Competitive compensation based on experience, capability and performance.
- Strategic leadership role with direct interaction with the Managing Director and Board.
- Opportunity to shape the financial strategy of a growing real estate and infrastructure organisation.
- Significant responsibility for fund-raising, financial governance and project profitability.
- Opportunity to build and lead a scalable finance function.
How to Apply
Email your updated CV to info@galaxyresource.in with the subject line “Chief Financial Officer (CFO) – Lucknow”, or call/WhatsApp 8188998866, 8188998899, 9984703333. You can also apply directly on this page: https://grplindia.in/jobs/strategic-cfo-real-estate-infrastructure-lucknow/. Shortlisted candidates will be contacted for the interview. GRPL India never charges candidates any fee for a job.
Looking for something else? Browse all current openings at GRPL India.
FAQs
What is the salary for this Chief Financial Officer (CFO) role?
Up to Rs 50 LPA.
How much experience is required?
10 – 15 years (min. 10 post-qualification).
Where is the job located?
Lucknow, Uttar Pradesh (226001).
What qualification is needed?
Chartered Accountant (CA) – mandatory; MBA Finance / CFA / CS an advantage.
How do I apply?
Email your CV to info@galaxyresource.in or call/WhatsApp 8188998866, 8188998899, 9984703333.