Finance Controller - Utility Business

About the role

The Finance Controller for the Utility Business will oversee project related financial reporting, project-level controls including automated controls, compliance, project related cash flow planning + control, project funding related operations & compliance, audit coordination for project related activities etc, commercial governance covering full project cycle including under-construction stage + operational state, project related MIS across multiple SPVs and large-scale renewable assets. This role is pivotal in ensuring financial discipline, transparency, and accuracy across the full lifecycle of utility-scale projects—from development and construction to operations.

How you will contribute:

Financial Reporting & Compliance (project related)

• Lead monthly, quarterly, and annual closing for utility-scale SPVs.
• Ensure compliance with Ind-AS, Companies Act, GST, Income Tax, and regulatory requirements specific to infrastructure and renewable energy.
• Coordinate with statutory, internal, and tax audits; ensure timely closure of audit observations.

Project Finance & Commercial Governance

• Oversee project-level accounting, cost monitoring and controls, and capitalisation during construction and commissioning.
• Validate EPC contracts, O&M agreements, and vendor payments for accuracy and compliance.
• Monitor project budgets, cash flows, and variance analysis; highlight risks and corrective actions.
• Support financial modelling, project viability assessments, and investment approvals.
• Overall project related governance and controls leading to financial viability & performance

Controllership & Internal Controls

• Strengthen processes and internal control frameworks across procurement, contracting, invoicing, and asset management (full project life cycle).
• Implement process improvements to enhance accuracy, efficiency, and financial discipline.
• Ensure robust documentation, reconciliations, and risk management practices across SPVs.

Treasury & Lender Management

• Manage cash flow planning, fund utilization, and working capital for projects.
• Coordinate with lenders for drawdowns, DSRA, covenants, and periodic reporting.
• Support refinancing, debt restructuring, and lender due diligence as required.

Business Partnering

• Work closely with project, engineering, commercial, and operations teams to provide financial insights.
• Support long-term planning, budgeting, and forecasting for the utility portfolio.
• Provide decision support for PPAs, bids, regulatory changes, and commercial negotiations.

Team Leadership

• Lead and mentor a high-performing finance team supporting utility-scale operations.
• Build a culture of accuracy, ownership, and continuous improvement.

Ideal skills for this role include:

• CA with 10–15 years of experience in controllership or commercial financial reporting.
• Strong understanding of business, regulatory frameworks for infrastructure/renewables.
• Experience managing multi‑SPV structures and large-scale project accounting.
• Proven ability to manage audits, lender reporting, and financial governance.
• Strong analytical & commercial skills, attention to detail, and stakeholder management capability.
• Ability to thrive in a dynamic, high-growth, project-driven environment.