Assistant Finance Controller - IPP

Enerparc Energy; Bengaluru; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Enerparc Energy in Bengaluru leads solar project finance and corporate accounting, overseeing close processes (monthly/quarterly/annual), budgeting, audits, and regulatory compliance under IND-AS.

The Finance Controller will guide finance teams, optimize working capital, maintain strong internal controls, and coordinate with lenders, investors, and regulators to drive financial performance.

Qualifications

• CA or MBA in Finance with strong accounting knowledge.
• 1–3 years in finance, accounting, and controlling; renewable energy exposure preferred.
• Hands-on with ERP systems (SAP and Tally).
• Experience in multi‑entity consolidations and regulatory compliance.

Responsibilities

• Financial management & reporting for projects and entities.
• Prepare monthly, quarterly, and annual financial statements per IND-AS.
• Consolidate SPV and holding company financials across entities.
• Ensure data accuracy through robust internal controls.
• Budgeting, forecasting, and variance analysis for leadership review.
• Support project finance structuring, debt/equity, and lender relations.
• Monitor cash flow, working capital, and cost control measures.
• Coordinate audits, tax advisors, and regulatory filings.

Skills

Financial analysis

Regulatory knowledge

Leadership

Stakeholder management

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.

Requirements

Qualifications & Experience:

• Education: Chartered Accountant CA/MBA (Finance).
• Experience: 1–3 years in finance, accounting, and controlling — with at least 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).