Financial Controller

Key Roles & Responsibilities

1. Financial Planning & Forecasting

• Prepare and review Monthly, Quarterly, and Annual financial forecasts.
• Monitor financial performance against budgets and forecasts; highlight variances and recommend corrective actions.
• Support strategic financial planning and long-term business projections.

2. Fund Management & Cash Flow Control

• Control fund utilization and ensure effective cash flow management as per forecast.
• Monitor working capital, cash generation, and liquidity positions.
• Coordinate with stakeholders to ensure optimum fund deployment.

3. Project Cost Control & Monitoring

• Monitor and control project costs, including Budget vs. Actual analysis.
• Track Purchase Order (PO) costs, cost-to-completion, and final project cost estimates.
• Identify cost deviations and implement corrective financial controls.
• Provide periodic cost deviation reports to management.

4. Cross-Functional Coordination

• Work closely with PMO, SCM, and Project Execution teams to ensure projects are executed in line with SOP, DOA, approved budgets, and defined milestones.
• Ensure financial deviations from targets/budgets are reviewed, justified, and approved as per authority matrix.

5. Revenue & Contract Compliance

• Monitor revenue recognition in line with customer contracts and applicable accounting standards.
• Ensure proper revenue booking and billing milestones are achieved in coordination with internal stakeholders.

6. Audit & Compliance

• Handle internal and statutory audit requirements related to projects and business operations.
• Ensure compliance with accounting standards, statutory regulations, and internal policies.
• Strengthen internal controls and ensure accurate and timely accounting practices.

7. Collections & Working Capital Management

• Coordinate with internal teams for timely invoicing and collections.
• Monitor receivables and aging; drive actions for overdue collections.

8. Process Improvement & Automation

• Drive automation initiatives for project finance processes.
• Improve financial reporting systems, dashboards, and MIS.
• Enhance efficiency and accuracy through ERP and digital tools.

Required Qualifications & Skills

• CA / CMA / MBA (Finance) preferred.
• 1215 years of experience in Financial Control, Project Finance, or Commercial Finance.
• Strong knowledge of budgeting, forecasting, cost control, and revenue recognition.
• Experience working with cross-functional teams in project-based environments.
• Strong analytical, reporting, and financial modeling skills.
• Hands-on experience in ERP systems (SAP/Oracle or equivalent).
• Strong understanding of internal controls and audit processes.
• Excellent communication and stakeholder management skills.