Assistant Finance Controller - IPP

Enerparc Energy; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Enerparc Energy in Bengaluru is seeking a Finance Controller to oversee all financial operations for solar projects and corporate entities. Responsibilities include project finance, accounting, audits, budgeting, and reporting, while collaborating with investors, lenders, and regulators.

The role requires CA/MBA (Finance) with 1–3 years of experience in finance and controlling; preference for renewables sector; hands-on SAP and Tally experience.

Qualifications

• CA or MBA (Finance) with relevant certification.
• 1–3 years in finance and controlling, 2 years in renewable energy sector preferred.
• Experience with ERP systems (SAP, Tally).

Responsibilities

• Oversee financial management and reporting for projects and entities.
• Prepare statutory financial statements under IND-AS and consolidate SPVs.
• Lead budgeting, forecasting, and variance analysis for corporate and project entities.
• Manage project finance, debt/equity structuring, and lender relations.
• Ensure internal controls, compliance with tax and regulatory requirements.
• Maintain fixed asset registers and capex/opex tracking.

Skills

Financial modelling

Stakeholder management

Leadership

Analytical skills

Education

CA/MBA (Finance)

Tools

SAP

Tally

Job description

Job Summary

The Finance Controller will oversee all financial operations, ensuring strong financial control, regulatory compliance, and optimized performance of solar projects and corporate entities. This role involves managing project finance, accounting, audits, budgeting, and financial reporting, while partnering with internal and external stakeholders including investors, lenders, and regulators.

Key Responsibilities

• Financial Management & Reporting
• Oversee preparation of monthly, quarterly, and annual financial statements in compliance with Indian Accounting standards/IND-AS.
• Consolidate financials across project SPVs and the holding company.
• Ensure accuracy and integrity of financial data through robust internal controls.
• Prepare management reports, variance analysis, and financial dashboards for leadership and board review.
• Budgeting & Forecasting
• Lead annual budgeting and periodic forecasting exercises for corporate and project entities.
• Monitor financial performance against budget and report deviations with corrective actions.
• Project Finance & Treasury
• Support structuring, negotiation, and financial closure of project financing (debt/equity).
• Manage lender relations, compliance with loan covenants, and disbursement schedules.
• Oversee cash flow management, fund allocation across SPVs, and working capital optimization.
• Manage hedging strategies, interest rate risk, and currency exposure where applicable.
• Audit, Compliance & Controls
• Liaise with statutory auditors, internal auditors, and tax advisors.
• Ensure compliance with corporate, tax, and regulatory requirements (Companies Act, GST, Income Tax, etc.).
• Implement and monitor internal controls and accounting policies.
• Cost & Asset Management
• Track and control project CAPEX and OPEX.
• Maintain fixed asset registers and depreciation schedules.
• Support procurement and EPC teams with financial due diligence and cost control mechanisms.

Qualifications & Experience

• Education: Chartered Accountant CA/MBA (Finance).
• Experience: 1–3 years in finance, accounting, and controlling — preferably 2 years in the renewable energy / power / infrastructure sector.
• Strong understanding of project finance, SPV structures, and regulatory frameworks.
• Hands-on experience with ERP systems (SAP, and Tally).
• Proven track record in leading finance teams and managing multi-entity consolidations.

Key Skills & Competencie

• Strong analytical and understanding of financial modelling.
• Excellent knowledge of accounting standards and financial regulations.
• Leadership and team management capability.
• Strong stakeholder management (banks, investors, auditors).