
Fiscal Oversight Specialist
2 days ago
Job Title:
Fiscal Oversight Specialist
About the Role:
This position entails overseeing all aspects of financial management, including accounting finalization, budgeting, forecasting, and in-depth analysis. The successful candidate will analyze financial performance, identify trends and variances, and provide actionable insights to senior management.
Key Responsibilities:
- • Oversee cost accounting activities, tracking fuel costs, maintenance expenses, and operational efficiencies.
- • Implement strategies for cost control and reduction without compromising plant performance.
- • Analyze and report on key cost drivers and KPIs, such as variable and fixed O&M costs per MWh.
Financial Analysis & Reporting:
- • Monitor financial metrics specific to the energy sector.
- • Collaborate with plant operations to create accurate financial forecasts.
Regulatory Compliance & Risk Management:
- • Ensure compliance with all relevant financial and industry regulations.
- • Prepare and submit regulatory reports as required.
- • Liaise with auditors and regulatory bodies during inspections and audits.
Candidate Profile:
- • Bachelor's or master's degree in accounting or finance along with professional accounting qualification (CA).
- • Minimum 3 years of experience in accounting or finance in the core energy sector or power industry.
- • Strong understanding of accounting principles and financial analysis.
Requirements:
- • Proficiency in accounting software, Advanced Excel, and ERP systems.
- • Excellent interpersonal skills with the ability to interact professionally with all levels of the organization and external contacts.
- • Strong problem-solving skills and the ability to handle unexpected changes and demands in a fast-paced environment.
- • Ability to work collaboratively with cross-functional teams.
- • Strong organizational skills and the ability to manage multiple tasks and priorities efficiently.
- • Language: Command over English, Telugu, and Hindi.
Additional Skills:
- • Understanding of fuel efficiency ratios, heat rates, capacity utilization, and Levelized Cost of Electricity (LCOE).
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