Finance Controller India
7 days ago
The Role
Our client is one of the biggest APAC players in the Renewable Energy space. They are continuing their expansion and are backed by major conglomerates in the region.
This Financial Controller is a new role and will be playing a key part in the clients new projects and expansion in India and beyond. Experience with a Power Generation company would be ideal.
However, if you feel you can meet the requirements for the role below through other experience and knowledge youve acquired please feel free to apply.
The scope of the group as a whole and the complexity of energy projects means the client is looking for a capable, smart and quick-learning individual. In return, theyre offering a challenging and dynamic job with great benefits and opportunities to continually develop your career and skill set.
What you will be doing in the role
As the new Financial Controller, you will be responsible for overseeing all Finance functions for India, incl. Various Project Finance Budgeting and Forecasting. Collaborating and supporting the CFO on some Accounting and day-to-day treasury functions.
More specifically in the day-to-day you will more generally be:
Coordinating with different stakeholders to ensure conformance on the agreed terms and conditions of the Shareholders Agreement and the Management Delegation Matrix
Coordinating between India management team and ACEN to provide information and reports required for investment and other approvals
Providing follow-up reports to track actual performance against approvals, cash spend against forecast and roll-forward analysis.
Assisting the team in coordination and preparation of bank guarantees, letter of credits and other financing requirements
Ensuring compliance to local tax, banking regulations, and other regulators
Analyzing financial and operational information (as applicable) to produce accurate forecasts of business, industry, and economic conditions for use in making sound strategic business decisions
Identifying opportunities for greater efficiency and profitability
Optimizing processes and resources
Assisting in maintaining all corporate records and accounts
**In regards to finance you will be**:
Counterchecking all financial functions including accounting, consolidation of financials, external audit, budget and forecasting, tax planning, treasury, insurance
Doing Cash and working capital management provide cash flow forecasts and projections to effectively manage vendor payments and cash balances. Maximize investment of idle funds to short term deposits and maximize sweeping of cash available for dividends.
Maximizing return on financial assets by reviewing existing processes, recommending and implementing financial policies, procedures, controls, and reporting systems. Ensure adequate internal control is in place.
Issuing of financial reports and accounting statements (FRS and any applicable local standards)
Monitoring of financial covenants and reportorial requirements under loan agreements, including monitoring of insurance policies required by Lenders
Monitoring of financial performance and operations
Compliance with tax requirements (Netherlands and India)
Participating in financing activities and liasing with banks
Ideally you have
Willingness to be based in Gurgaon, India
Possess at least a Bachelor's/College Degree in Accountancy with Professional License (Passed Board/Bar/Professional License Exam), preferably with a Finance or Business-related masters degree
Have a strong financial and accounting background, involving controllership, audit, taxation, compliance and corporate finance
With 5-10 years relevant working experience in financial management position or in a equivalent function
Good general business acumen and ability to offer different perspectives, takes and solutions to finance or business challenges
Renewable power industry background is a definite plus
Our client is one of the leading renewable energy companies in APAC and is backed by one of the biggest conglomerates in the region. They have an aspiration to become the largest listed renewables platform in Southeast Asia and are currently present in the following countries: Philippines, Australia, Vietnam, Indonesia, and India, and in the process of expanding to Thailand, Laos and soon more countries in the region.
You will be working with what is rapidly becoming one of the regions biggest renewable energy players, and opportunities to develop your skills, be challenged, learn, grow and further your career are taken seriously.
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