Project Cost Controller

1 week ago

Noida, Uttar Pradesh, India EnerGrid Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Role Overview

The Project Controller ensures strong financial governance, accurate reporting, and commercial discipline across the lifecycle of infrastructure/EPC/renewable projects. The role drives integrated performance visibility by combining
project control
,
FP&A
, and
Financial Reporting (FR)
responsibilities while partnering with Project Managers and Finance leadership.

Key Responsibilities

Project Financial Control

  • Develop and manage project budgets, cost baselines, and structure of accounts.
  • Track expenditures vs. budget; analyze cost-to-complete and productivity trends.
  • Validate contractor/vendor bills including BOQ/RA bills and contractual compliance.
  • Perform earned value analysis and monitor working capital efficiency at site.
  • Ensuring consol control from project site finance.

FP&A — Financial Planning & Analysis

  • Support annual operating plans and long-range planning for project portfolio.
  • Conduct scenario modeling, pricing analysis, and sensitivity analysis for risks.
  • Drive performance improvement through variance analysis and actionable insights.

FR — Financial Reporting & Compliance

  • Prepare monthly MIS decks including revenue, margins, provisioning and KPIs.
  • Ensure accurate revenue recognition (as per Ind-AS / IFRS) and project capitalization.
  • Support internal, statutory and lender audits with required documentation.
  • Ensure compliance with finance policies, internal controls, and corporate governance.

Commercial & Contract Assurance

  • Assist evaluation of claims, change orders, escalation events and risk sharing clauses.
  • Provide commercial insights during negotiations with vendors and subcontractors.
  • Coordinate with procurement and contracts team on commitment control and bill closure.

Stakeholder & Risk Management

  • Provide financial decision support to Project Managers and site teams.
  • Escalate risks around delays, cost overruns, provisions, LDs, RoW issues and land costs.
  • Monitor cash positions, receivables, advances, retention, LDs and vendor exposure.

Qualifications & Skills

  • Chartered Accountant with
    3–5 years
    experience in:
  • ▸ Project Finance / Project Costing / EPC / Infrastructure / Renewables
  • Strong understanding of
    Ind-AS/IFRS
    , control frameworks and audit requirements.
  • Advanced skills in
    Excel
    , SAP and financial reporting tools.
  • Analytical, proactive, and strong business partnering capability.

Key Success Metrics

  • Budget adherence and cost optimization
  • Billing accuracy and timely financial closure
  • Forecast accuracy (Revenue / Cash Flow / Margin)
  • Transparent and timely reporting for decision-making
  • Risk mitigation execution and stakeholder satisfaction

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