Financial Controller - Power Sector

5 - 9 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Financial Manager in the energy sector, your primary responsibility will be to oversee financial management activities including financial reporting, analysis, budgeting, forecasting, and cost management. You will play a crucial role in ensuring compliance with financial regulations, implementing internal controls, and managing risks related to energy trading and hedging activities. Additionally, you will lead a team of accounting professionals and collaborate with other departments to align financial goals with operational objectives. Key Responsibilities: - Oversee all aspects of financial management, including finalisation of accounts, budgeting, forecasting, and financial analysis. - Collaborate with plant operations to create accurate financial forecasts and manage financial aspects of offtake agreements and power purchase agreements (PPAs). - Track and report on fuel costs, maintenance expenses, and operational efficiencies to implement cost control strategies without compromising plant performance. - Ensure compliance with financial and industry regulations, prepare regulatory reports, and liaise with auditors and regulatory bodies during inspections and audits. - Develop and maintain internal controls, streamline accounting processes, and implement best practices for risk management related to energy trading and hedging activities. - Manage and mentor a team of accounting professionals, coordinate with other departments for financial alignment, and promote cross-functional collaboration for major capital projects and operational initiatives. Qualifications Required: - Bachelor's or master's degree in accounting or finance with a professional accounting qualification (CA). - Minimum of 5 years of experience in accounting or finance in the core energy sector or power industry. - Strong understanding of accounting principles, financial analysis, and proficiency in accounting software, Advanced Excel, and ERP systems. - Excellent interpersonal skills, problem-solving abilities, and organizational skills to manage multiple tasks efficiently. - Ability to work collaboratively with cross-functional teams, interact professionally with all levels of the organization, and handle unexpected changes in a fast-paced environment. - Command over English, Telugu, and Hindi languages, along with knowledge of fuel efficiency ratios, heat rates, capacity utilization, and Levelized Cost of Electricity (LCOE). (Note: The job type is full-time and the work location is in person.),

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