Finance Controller

2 weeks ago


hyderabad, India Corenza Full time

Job Summary: Finance Controller is responsible for oversee the finance, commercial and accounting functions for our Renewable Energy and EPC businesses. This role will be responsible for financial planning, project accounting, cost control, statutory compliance, tender evaluation, commercial negotiations, receivables management, disposal of advances & deposits, optimisation of input tax credit under GST, claims settlement, handling the queries of statutory and internal auditors in his areas reporting and etc., while ensuring strong financial discipline across projects and operations. The Financial Controller will play a critical role in ensuring financial discipline across projects, supporting bid management, business growth, driving profitability, and ensuring compliance with industry regulations. Key Responsibilities 1. Financial Planning & Control · Lead annual budgeting, forecasting and long-term financial planning for Renewable Energy and EPC verticals. · Monitor project-wise and business unit-wise financial performance against budgets and KPIs. · Establish effective cost control and margin monitoring systems. · Provide financial insights to support management in strategic and operational decision-making. 2. Project Finance & Accounting · Manage project accounting for renewable energy and EPC projects, including CAPEX, OPEX and cash flow monitoring. · Ensure accurate revenue recognition in line with project milestones and accounting standards. · Oversee working capital management, including receivables, payables and inventory. · Support project financing, debt structuring and liaise with banks/FIs for funding requirements. 3. Commercial & Tendering · Support bid management teams in preparing financial models, pricing strategies and cash flow projections for tenders. · Review tender documents to identify financial, tax and contractual implications. · Lead commercial negotiations with clients, EPC contractors and suppliers to safeguard company interests. · Assess risks in contracts and ensure adequate financial and legal protections are built in. · Work closely with business development and tendering teams to improve bid win rates. 4. Compliance & Governance · Ensure compliance with statutory, tax and regulatory requirements related to power, EPC and infrastructure projects. · Implement and maintain strong internal control systems to safeguard company assets. · Coordinate with internal and external auditors for smooth audit closure. · Ensure compliance as per applicable accounting standards. 5. Reporting & MIS · Prepare accurate and timely financial statements, MIS reports and management dashboards. · Provide analysis of profitability, cost trends and project financial health to senior management. · Assist in preparation of board presentations and investor reports. 6. Business & Strategic Support · Partner with business leaders in evaluating new projects, bids and contracts. · Provide financial due diligence support for M&A, joint ventures or strategic partnerships. · Assess financial risks in contracts, EPC projects and renewable energy operations. · Drive process improvements and digital initiatives in financial systems and reporting. 6. Team Leadership & Development · Lead and mentor the finance and accounts team across Renewable Energy and EPC businesses. · Build strong internal capabilities in project accounting, treasury and compliance. · Foster a culture of accountability, accuracy and continuous improvement. Key Skills & Competencies · Strong knowledge of project finance, EPC accounting and renewable energy sector dynamics. · Expertise in financial modelling, project costing and profitability analysis. · Sound understanding of accounting standards and regulatory requirements. · Proficiency in MS Excel. · Strong leadership, analytical and problem-solving skills. · Excellent communication and stakeholder management abilities. Qualifications & Experience · Chartered Accountant (CA) is mandatory. · 12-15 years of post-qualification experience in finance, with at least 5+ years in Renewable Energy/EPC/Infrastructure sectors. · Hands on experience on Tally ERP · Proven track record in managing project finance, audits and financial reporting. · Experience in working with lenders, investors and external stakeholders. · Willingness to travel to project sites, client offices and vendor locations as required. About Company A century old diversified business group operating across multiple sectors (Renewable energy, Textiles, Financial Services, etc), focused on sustainable practices and aiming to be globally recognized for delivering sustainable solutions.


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