Director / Business Unit Controller – Power Generation

M.M.Enterprises (Recruitment Agency in India); India; On-site; INR 5,500,000 - 9,000,000; Full time

Job summary

M.M.Enterprises (Recruitment Agency in India) is seeking a Director / Business Unit Controller for its power generation division in India. The role leads financial planning, controlling and commercial finance, acting as a strategic partner to senior management and plant leadership to drive profitability and governance.

The ideal candidate will have 15–20+ years in finance leadership, with deep experience in power generation, budgeting, forecasting and ERP systems such as SAP/Oracle, plus BI

Qualifications

• 15–20+ years of experience in Finance, Controlling, FP&A or Business Finance.
• Senior finance leadership / controller experience.
• Experience in Power Generation, Energy, Utilities or related sector.
• CA / CMA / CPA / MBA Finance or equivalent.
• ERP experience with SAP/Oracle; Power BI experience preferred.

Responsibilities

• Lead the overall financial controlling and performance management function for the power generation business.
• Partner with the CEO/Business Head and senior leadership on financial and strategic decision-making.
• Develop and manage annual budgets, long-term plans and rolling forecasts.
• Monitor revenue, EBITDA, OPEX, CAPEX, cash flow and working capital performance.
• Drive monthly, quarterly and annual financial reporting with accuracy and timeliness.
• Analyze financial and operational variances and recommend corrective actions.
• Establish robust financial controls, governance frameworks and risk-management processes.
• Oversee plant/business-unit cost structures and identify opportunities for cost optimization.
• Monitor generation costs, operating expenses, maintenance expenditure and capital investments.
• Support financial evaluation of new power projects, expansions, acquisitions, investments and major capital initiatives.
• Develop financial models and scenario analysis to support business decisions.
• Provide commercial and financial insights for pricing, investments and operational strategies.
• Ensure compliance with applicable accounting standards, statutory requirements, internal policies and regulatory requirements.
• Coordinate with auditors, banks, consultants, regulators and other external stakeholders when required.
• Lead working-capital optimization and improve cash-flow management.
• Strengthen ERP, MIS and business intelligence systems to improve financial visibility and decision-making.
• Drive automation and digitalization of finance and reporting processes.
• Lead, mentor and develop the finance and controlling team.
• Present financial performance, forecasts, risks and strategic recommendations to senior management.

Skills

Leadership

Stakeholder management

Financial planning

FP&A

Business partnering

Strategic thinking

Change management

Negotiation

Education

CA / CMA / CPA / MBA Finance

Tools

SAP/Oracle

Power BI

Job description

Director / Business Unit Controller – Power Generation

• Industry: Power Generation / Energy
• Function: Finance & Business Control
• Position: Director / Senior Director
• Employment Type: Full-time
• Location: India
• Experience: 15–20+ years

Job Summary

We are looking for an experienced Director / Business Unit Controller to lead the financial planning, business controlling and commercial finance function for a power generation business. The role will act as a strategic finance partner to senior management and business/plant leadership, driving financial performance, budgeting, forecasting, cost control, profitability, cash flow, risk management and governance across power generation operations.

Key Responsibilities

• Lead the overall financial controlling and performance management function for the power generation business.
• Partner with the CEO/Business Head and senior leadership on financial and strategic decision-making.
• Develop and manage annual budgets, long-term plans and rolling forecasts.
• Monitor revenue, EBITDA, OPEX, CAPEX, cash flow and working capital performance.
• Drive monthly, quarterly and annual financial reporting with accuracy and timeliness.
• Analyze financial and operational variances and recommend corrective actions.
• Establish robust financial controls, governance frameworks and risk-management processes.
• Oversee plant/business-unit cost structures and identify opportunities for cost optimization.
• Monitor generation costs, operating expenses, maintenance expenditure and capital investments.
• Support financial evaluation of new power projects, expansions, acquisitions, investments and major capital initiatives.
• Develop financial models and scenario analysis to support business decisions.
• Provide commercial and financial insights for pricing, investments and operational strategies.
• Ensure compliance with applicable accounting standards, statutory requirements, internal policies and regulatory requirements.
• Coordinate with auditors, banks, consultants, regulators and other external stakeholders when required.
• Lead working-capital optimization and improve cash-flow management.
• Strengthen ERP, MIS and business intelligence systems to improve financial visibility and decision-making.
• Drive automation and digitalization of finance and reporting processes.
• Lead, mentor and develop the finance and controlling team.
• Present financial performance, forecasts, risks and strategic recommendations to senior management.

Power Generation Experience

• Thermal Power Generation
• Renewable Power Generation
• Solar / Wind
• Gas-based Power
• Power & Utilities
• Energy Infrastructure
• Power Projects / EPC
• Industrial Energy Operations

Strong understanding of the financial and operational drivers of power-generation businesses will be highly preferred.

Candidate Profile

• 15–20+ years of progressive experience in Finance, Controlling, FP&A or Business Finance.
• Strong experience in a senior finance leadership / controller role.
• Experience in Power Generation, Energy, Utilities or a related industrial sector.
• Qualified CA / CMA / CPA / MBA Finance or equivalent qualification.
• Strong expertise in financial planning, budgeting, forecasting and variance analysis.
• Experience in CAPEX/OPEX management, costing and working-capital optimization.
• Strong knowledge of financial reporting, accounting controls and compliance.
• Experience with ERP systems such as SAP/Oracle and financial reporting/BI tools such as Power BI is preferred.
• Strong financial modelling and analytical capabilities.
• Excellent stakeholder-management and executive communication skills.
• Demonstrated ability to lead and develop finance teams.
• Strong commercial orientation and strategic business acumen.
• High level of integrity, accountability and decision-making ability.

Key Competencies

Financial Controlling | FP&A | Budgeting | Forecasting | Cost Control | CAPEX/OPEX | Project Finance | Financial Modelling | Risk Management | Cash Flow | Business Partnering | Power Generation Finance | Leadership

Ideal Candidate

The ideal candidate will be a strategic finance leader with strong power-sector experience who can go beyond traditional accounting and act as a business partner to the leadership team, driving profitability, financial discipline, operational efficiency and long-term business growth.