Financial Controller, Power Sector

About the Role

The Financial Controller will serve as the strategic financial leader overseeing group-level consolidation, financial reporting, governance, and treasury operations. This role is responsible for driving financial performance, managing multi-entity structures, leading M&A financial due diligence, and ensuring absolute compliance with Indian Accounting Standards (Ind AS), RERA, tax laws, and lender covenants.

Key Responsibilities

• Group Financial Control, Governance & Treasury

• Lead financial consolidation, statutory reporting, and monthly/quarterly/annual closing across all operating entities and SPVs.

• Establish, enforce, and maintain robust accounting policies, internal financial controls (IFC), standard operating procedures (SOPs), and corporate governance frameworks.

• Oversee statutory audits, internal audits, tax compliance (Direct & Indirect), FEMA, and secretarial/regulatory filings.

• Manage group treasury operations, cash flow forecasting, working capital optimization, and compliance with debt covenants.

• Drive enterprise ERP implementation/upgrades (SAP S/4HANA preferred) and leverage BI tools to automate reporting processes.

• Energy Business Finance

• Manage project finance modeling, tariff structure analysis, power purchase agreement (PPA) accounting, and CAPEX/OPEX control across solar, wind, and hybrid assets.

• Oversee pre-investment financial modeling for new energy projects, evaluating metrics such as IRR, DSCR, and Levelized Cost of Energy (LCOE).

• Interface with banks, non-banking financial companies (NBFCs), multilateral lenders, and regulatory bodies for project financing, debt drawdown, and compliance.

• Real Estate Business Finance

• Oversee project costing, budgeting, Work-in-Progress (WIP) accounting, and inventory valuation across multiple real estate developments.

• Ensure strict RERA compliance, escrow bank account management, and construction finance structuring.

• Execute rigorous cost-to-complete analyses, variance tracking, and project-wise profitability evaluations.

• M&A, Deal Structuring & Investment Finance

• Lead financial due diligence, asset/business valuation (DCF, Trading Comparables, NAV), and transaction structuring for joint ventures, acquisitions, and divestments.

• Author and present detailed investment memos, synergy models, and deal structures to the Investment Committee and Board of Directors.

• Direct post-merger finance integration, including unifying charts of accounts, financial reporting systems, and internal control environments.

• Formulate capital structuring strategies, manage equity infusions, and evaluate exit routes for investors.

• Stakeholder Management & Team Leadership

• Act as the primary financial liaison to external stakeholders, including Big 4 auditors, private equity investors, lenders, rating agencies, and tax authorities.

• Lead, mentor, and develop a high-performing finance team distributed across corporate functions and operational sites.

Requirements & Tech Stack

• Indian Accounting Standards (Ind AS)
• RERA
• Tax laws
• FEMA
• SAP S/4HANA (preferred)
• BI tools
• DCF, Trading Comparables, NAV

Qualifications

• Experience in group-level consolidation.
• Experience in financial reporting.
• Experience in governance.
• Experience in treasury operations.
• Experience managing multi-entity structures (SPVs, Subsidiaries, JVs).
• Experience in M&A financial due diligence.
• Experience in project finance modeling.
• Experience in tariff structure analysis.
• Experience in CAPEX/OPEX control.
• Experience in pre-investment financial modeling.
• Experience in project costing.
• Experience in budgeting.
• Experience in Work-in-Progress (WIP) accounting.
• Experience in inventory valuation.
• Experience in escrow bank account management.
• Experience in construction finance structuring.
• Experience in cost-to-complete analyses.
• Experience in variance tracking.
• Experience in project-wise profitability evaluations.
• Experience in asset/business valuation.
• Experience in transaction structuring.
• Experience in investment memos.
• Experience in synergy models.
• Experience in deal structures.
• Experience in post-merger finance integration.
• Experience in unifying charts of accounts.
• Experience in financial reporting systems.
• Experience in internal control environments.
• Experience in capital structuring strategies.
• Experience in equity infusions.
• Experience in exit routes.
• Experience as a financial liaison to external stakeholders.
• Experience leading and developing finance teams.