Company Profile

The Kurjibhai Ramji Group (KRG) is one of the largest and most successful family-owned businesses in Mauritius and Seychelles with an exceptional reputation in the following sectors: Building and Civil Engineering, Real Estate Development, Architectural Aluminium Façade Cladding, Hospitality and Elderly Care. The Group operates businesses in the above sectors in Mauritius, Seychelles, Rodrigues, India and the United Kingdom.

Candidate Profile

KRG is seeking a commercially minded, hands-on finance leader with strong judgement, clear vision and leadership skills. Experience in construction is essential; and experience in property development, project finance and investment management is highly desirable. The candidate should also be comfortable using AI-enabled tools.

Qualified accountant (ACA, ACCA, CPA, CA(SA), ICAEW or equivalent) with relevant experience as a senior finance leader, including experience as a CFO, Finance Director, Group Financial Controller or equivalent leadership role.

The successful candidate will be comfortable managing financial pressure, strengthening discipline and controls, and partnering closely with Directors and operational teams to improve cash flow, profitability and investment returns.

Experience implementing and improving ERP, project costing and financial reporting systems.

Key Responsibilities

Project-Level Responsibilities

Maintain the weekly cash position and rolling 13-week forecast; anticipate funding requirements for key stakeholders; and act early on projected shortfalls.
Oversee payment applications, certifications, invoices, retention and overdue balances. Assign clear collection ownership and deadlines, distinguish secure receivables from disputed or uncertain recoveries, and work with quantity surveyors to conclude final accounts.
Partnering with project managers and quantity surveyors to monitor budgets, actual costs, commitments, forecast costs to complete and anticipated final profit or loss.
Analyse project margins, cash requirements and returns; explain overruns and variances; and recommend corrective action.

Group Responsibilities

Lead monthly management accounts and consolidated Group reporting under applicable IFRS and local GAAP requirements. Present metrics of profitability, cash flow, working capital, debt service, investments, risks and bridging between profit and cash to the Board.
Own annual budgets and longer-term financial and funding plans.
Manage and maintain banking relationships, borrowing facilities, repayment schedules, interest costs and covenant compliance. Monitor financing guarantees and security exposure, and recommend measures to reduce debt and financing costs.
Review the financial implications of proposed tenders and contracts pre and post-tender including margins, payment terms, retention, guarantees, advance payments and working capital requirements and risks. Recommend ways to mitigate risks.
Investment appraisal: Assess investment proposals against expected returns, funding requirements, risks and capital recovery periods. Monitor performance against approved plans and provide recommendations on optimising returns on assets and capital.
Maintain a consolidated view of Group liabilities and contractual commitments, assessed against recorded expenditure, anticipated receipts and available funding. Escalate emerging liquidity or exposure risks promptly.
Maintain Group-wide financial controls, approval authorities, accounting records, tax and statutory compliance, and audit readiness.
Coordinate external audits and resolve findings promptly.
Oversee fraud prevention, AML/KYC and counterparty due diligence, and coordinate legal, governance and company-secretarial requirements with the relevant advisers.
Present analyses and recommendations to the Board on debt reduction, asset optimisation, dividends, restructuring and growth.
Lead and develop the finance and accounting teams, establish clear responsibilities and reporting deadlines, and improve financial systems and processes to support reliable reporting and effective decision-making.
Maintain Group’s corporate risk register and oversee the overall insurance programme: Contractors’ All Risks, professional indemnity, public and employers’ liability, plant and motor insurance amongst others. Work with operational teams and insurance advisers to review cover, renewals and claims.
Monitor and manage foreign exchange exposure relating to imported materials and plant. Assess material price escalation risks in contracts and supplier terms, and recommend appropriate measures to protect project margins.
Partner with HR, legal and company secretaries to comply and establish best practice on regulatory and governance standards.

Pay: ₹250,000.00 - ₹300,000.00 per month

Application Question(s):

Do you have ACCA or any other equivalent accounting qualification?
You will be required to work in Mauritius full-time over the contractual period. Are you willing to do so?

Education:

Bachelor's (Required)

Experience:

Finance: 8 years (Preferred)

Language:

English (Required)
French (Preferred)
Mauritian Creole (Preferred)
Hindi (Preferred)

Willingness to travel:

100% (Required)

Work Location: Remote

Laxmanbhai & Co (Mauritius) Ltd

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