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Finance Head - Projects

10 - 19 years

4 - 8 Lacs

Posted:2 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

Financial Planning & Budgeting

  • Prepare annual and project-specific budgets in collaboration with project and planning teams.
  • Forecast project cash flows and ensure timely fund allocation and optimization.
  • Monitor variances and initiate corrective actions.

Project Accounting & Controls

  • Oversee end-to-end project accounting, including WIP (work-in-progress), capitalization, and cost allocations.
  • Implement strong financial controls for procurement, vendor payments, and expense tracking.
  • Monitor project margins and financial KPIs, and provide periodic dashboards to management.

Commercial Oversight

  • Review and validate project contracts, change orders, and billing milestones.
  • Ensure accuracy and timeliness in client billing and collections.
  • Negotiate financial terms and payment schedules with vendors and subcontractors.

Compliance & Risk Management

  • Ensure compliance with statutory requirements, contract terms, and internal policies.
  • Manage project audits (internal and external) and drive timely closure of observations.
  • Assess financial risks in project execution and recommend mitigation strategies.

Team Leadership & Coordination

  • Lead a team of finance professionals deployed across key projects.
  • Collaborate with project managers, procurement, commercial, and legal functions.
  • Train and build financial awareness across project leadership teams.

Desired Skills & Competencies:

  • Strong financial acumen with deep understanding of project finance and cost control.
  • Expertise in budgeting, forecasting, and cash flow management.
  • Familiarity with project ERP tools (SAP, Oracle, etc.).
  • Excellent analytical, communication, and negotiation skills.
  • Ability to work under pressure and manage multiple stakeholders.
  • Sound knowledge of taxation, accounting standards, and financial compliance.

Preferred Background:

  • Experience in managing large-scale infrastructure, construction, EPC, or integrated services projects.
  • Proven track record of financial leadership in fast-paced, project-driven environments.

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