Assistant Vice President (AVP) – Finance Job in Bhopal at Dainik Bhaskar Group

Key Responsibilities:

1. Financial Planning & Control:

• Lead annual budgeting, forecasting, and long-term financial planning for the office project
• Monitor project cash flows, working capital, and funding requirements
• Track financial performance against budgets and highlight variances with corrective actions
• Support feasibility analysis, ROI, IRR, and scenario modeling for leasing and capex decisions

2. Accounting & Reporting:

• Oversee project-level accounting, books of accounts, and financial closure
• Ensure timely monthly, quarterly, and annual financial reporting
• Prepare MIS reports for senior management and stakeholders
• Ensure adherence to accounting standards (Ind AS / IFRS as applicable)

3. Taxation & Statutory Compliance:

• Manage direct and indirect taxation (GST, TDS, corporate tax, etc.)
• Coordinate with tax consultants for assessments, audits, and filings
• Ensure compliance with all statutory, regulatory, and local authority requirements

4. Treasury & Funding:

• Manage banking relationships, escrow accounts, and cash management
• Coordinate with lenders for loan drawdowns, interest servicing, covenants, and reporting
• Support refinancing, debt structuring, and negotiations with financial institutions

5. Project & Leasing Support:

• Work closely with project, leasing, and asset management teams
• Support lease structuring, CAM recovery, security deposits, and revenue recognition
• Oversee billing, collections, tenant reconciliations, and vendor payments

6. Audit & Governance:

• Lead internal and external audits at project level
• Strengthen internal controls, SOPs, and risk management frameworks
• Ensure compliance with company policies and governance standards

7. Team Leadership & Stakeholder Management:

• Lead and mentor finance and accounts team at the project level
• Coordinate with internal stakeholders, consultants, auditors, lenders, and JV partners
• Act as a key finance partner to project leadership and corporate finance teams

Key Skills & Competencies:

• Strong understanding of real estate finance, especially commercial office assets
• Expertise in budgeting, cash flow management, and financial controls
• In-depth knowledge of GST, taxation, and statutory compliance
• Experience with project finance, lender coordination, and audits
• Strong analytical, problem-solving, and stakeholder management skills
• Hands-on experience with ERP systems (SAP / Oracle / similar)

Qualification & Experience:

• CA / MBA (Finance) or equivalent professional qualification
• 12–18 years of post-qualification experience
• At least 6–8 years in commercial real estate / infrastructure / large project finance
• Prior experience handling A-grade office assets preferred

Dainik Bhaskar is an Indian Hindi-language daily newspaper that is now the largest circulated daily newspaper of India.