Senior Financial Controller

4 days ago

Jamnagar, Gujarat, India beBeeCapitalization Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

Hello, we are seeking a professional to lead our project accounting and capitalization team.

We require an individual with strong background in Project Management, Financial Planning & Analysis, Budget and Cost Control, and Accounting and Capitalization.

  • To achieve this goal, the successful candidate will be responsible for:

Key Responsibilities:

  • Project Accounting: Lead Project Cost Control Initiative to ensure overall Capex within approved budget and Management Reporting on Project progress indicating Cost Variance, actual Spent and Forecasted Cash Flow.
  • Funding of Project Commitments: Ensure funding of project commitments as per Schedule and engage with teams for financial planning, analysis and reporting.
  • Asset Capitalisation: Proper Accounting of element wise and stream wise project cost, Common Cost Allocation, Finalisation of Transfer Pricing for Inter-company transactions, Asset Capitalisation.
  • Project Financing: Partnering with Treasury and banking team for ECA and Debt financing at optimised cost.
  • Inventory Management: Continuous Monitoring of Project Inventory, Partnering with PMC's/Sub-Contractors, Inventory Reconciliations.
  • Incentive Optimisation: Optimisation of State Incentive, Representation to Govt., filing of Documents and information with Govt. as per policy, System designing in line with Incentive Policy requirement.
  • Risk Management and Compliance: Identify and assess financial risks and develop strategies to mitigate and manage these risks effectively and efficiently. Ensure strict adherence to regulatory compliance.
  • Policies, Processes and Procedures: Create standard policies, processes, procedures that align with business objectives, and monitor their adherence so that work is carried out in a controlled manner.
  • People Management: Mentor and develop respective teams to take larger responsibilities and efficiently perform their roles.

This role requires strong leadership skills, analytical thinking and effective communication. Please note that job description is subject to change based on company's needs.

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