Project Finance Manager – Luxury Residential Real Estate

Project Finance Manager – Luxury Residential Real Estate Location : Mumbai HQ (Full-Time) Company : The Bellagio by MLC Developers Seniority : Mid-Senior (Department Lead) Target Profile : Real estate finance professionals with experience in project-side execution, investor reporting, and BOQ/cashflow mastery Experience : 7–12 years in developer finance roles, ideally with township, branded residential, or luxury vertical exposure CTC : ₹6 – 7.2 LPA Fixed + Performance Bonus (₹1–₹2 LPA) Start Date : Immediate About the Project The Bellagio is Central India’s flagship luxury development: ₹88L–₹4 Cr Inventory | 3BHK–5BHK Sky Residences + Townhouses Rooftop Club @ 170 ft | Golf Course | CCBA Architects | 60% RCC Complete RERA: P50500053934 The Role We are hiring a Project Finance Manager who understands how money flows through concrete — someone who can coordinate financial execution from Mumbai HQ , while maintaining full visibility into site-side dynamics in Nagpur. You will handle the end-to-end finance value chain : cost controls, contractor billing, cash flow tracking, lender coordination, MIS, and investor support. This is a role that goes beyond accounting — and into strategic financial governance. Your Key Responsibilities 1. Project Budgeting & Cost Control Maintain and update the overall master budget (CAPEX + OPEX) of the project Create granular WBS (work breakdown structure) linked to package-wise BOQs Track deviations from sanctioned cost heads and recommend actionables 2. Contractor Billing & Cash Flow Management Vet contractor invoices for RA bills and scope-linked payments Cross-check with site progress and coordinate with Head of Construction for physical verification Maintain a 12-week rolling cash flow forecast to enable fund planning 3. Vendor & Procurement Oversight Liaise with Procurement Officer (Nagpur) to ensure material purchases align with approved budgets and POs Prevent overbilling, double payments, and unauthorized escalations Map POs, GRNs, delivery schedules and create payment hold/release checkpoints 4. Investor, Banker & Promoter Reporting Prepare quarterly MIS decks for promoters/investors/bankers Assist in project funding due diligence, term sheet execution, drawdown planning Maintain DSCR (debt service coverage ratio) and collection-to-disbursal logic 5. Regulatory Compliance & Audit Support Support RERA compliance with finance-specific submissions Assist legal in ensuring contract clauses are commercially enforceable Prepare for statutory/internal/IFRS audits with full data transparency 6. Admin, Salary, and Overhead Tracking Govern salary disbursals, PF/ESIC filings (where applicable), and vendor admin contracts Control site overheads including rent, utilities, fuel, and temporary labor headcount 7. Drawing-Linked Cost Updates Coordinate with Drawing Coordinator (Nagpur) to integrate cost impact of design revisions Prepare variation claims and budget overrun documentation 8. Cross-Team Coordination Interface with: Head of Construction (Nagpur) for billing, progress certs, and scope timelines Procurement Officer (Nagpur) for material valuation and vendor finance control MD/Promoters (Mumbai) for cash flow tracking, financial alerts, and drawdown control Ideal Candidate Background: MBA (Finance) / CA Experience: 7–12 years in developer-side finance, including billing, cash flows, and audit prep Functional Fluency: RA billing, BOQ tracking, MIS prep, audit, investor reporting Tools & Tech: Excel (advanced), Tally / Zoho / ERP, Google Workspace, familiarity with AutoCAD BOQs Personality: Disciplined, alert to detail, structured communicator, financial foresight Location: Mumbai (full-time), with occasional visits to Nagpur as required What You’ll Be Governing ₹120 Cr project with luxury inventory + infra packages Contractor network of 150+ site workers, consultants, and vendors Phased pricing and fund allocation plans Executive-level MIS, investor trust, and financial discipline How to Apply Email your CV and a short note on your sharpest cost-saving or cashflow breakthrough to: 📧 raghav@ramnathgroup.com 📱 WhatsApp: +91 70216 98710 Subject : Project Finance Manager – The Bellagio Final Word We’re not looking for a number cruncher. We’re looking for a project-side finance head who sees risk before it appears , who governs with structure, and who makes every rupee work harder — not just for margins, but for momentum. If you’ve ever told a promoter what they needed to hear — not what they wanted to — you’re the one. Show more Show less