Finance Controller - Utility Business

AMPIN Energy Transition Private Limited; Delhi; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

AMPIN Energy Transition Private Limited is seeking a Finance Controller for the Utility Business in India to oversee project-related financial reporting, controls, treasury, and governance across development, construction, and operation of renewable assets.

You will lead monthly closes, ensure compliance with Ind-AS, GST, and tax regulations, coordinate audits, manage budgets and cash flows, and partner with engineering and operations to drive financial discipline and governance.

Qualifications

• Chartered Accountant with 10–15 years of experience in controllership or commercial financial reporting.
• Experience with multi-SPV structures and large-scale project accounting.
• Proven ability to manage audits, lender reporting, and financial governance.
• Strong analytical and commercial skills with stakeholder management.

Responsibilities

• Lead monthly, quarterly, and annual closing for utility-scale SPVs and ensure reporting discipline.
• Oversee project-level accounting, cost monitoring, cash flows, and capitalisation during construction and commissioning.
• Strengthen internal controls across procurement, contracting, invoicing, and asset management for full project life cycle.
• Manage cash flow planning, lender drawdowns, DSRA, covenants, and periodic reporting.

Skills

Analytical skills

Stakeholder management

Attention to detail

Commercial acumen

Education

CA (Chartered Accountant)

Job description

The Finance Controller for the Utility Business will oversee project related financial reporting, project-level controls including automated controls, compliance, project related cash flow planning + control, project funding related operations & compliance, audit coordination for project related activities etc, commercial governance covering full project cycle including under-construction stage + operational state, project related MIS across multiple SPVs and large-scale renewable assets. This role is pivotal in ensuring financial discipline, transparency, and accuracy across the full lifecycle of utility-scale projects—from development and construction to operations.

How you will contribute:

Financial Reporting & Compliance (project related)

• Lead monthly, quarterly, and annual closing for utility-scale SPVs.
• Ensure compliance with Ind-AS, Companies Act, GST, Income Tax, and regulatory requirements specific to infrastructure and renewable energy.
• Coordinate with statutory, internal, and tax audits; ensure timely closure of audit observations.

Project Finance & Commercial Governance

• Oversee project-level accounting, cost monitoring and controls, and capitalisation during construction and commissioning.
• Validate EPC contracts, O&M agreements, and vendor payments for accuracy and compliance.
• Monitor project budgets, cash flows, and variance analysis; highlight risks and corrective actions.
• Support financial modelling, project viability assessments, and investment approvals.
• Overall project related governance and controls leading to financial viability & performance

Controllership & Internal Controls

• Strengthen processes and internal control frameworks across procurement, contracting, invoicing, and asset management (full project life cycle).
• Implement process improvements to enhance accuracy, efficiency, and financial discipline.
• Ensure robust documentation, reconciliations, and risk management practices across SPVs.

Treasury & Lender Management

• Manage cash flow planning, fund utilization, and working capital for projects.
• Coordinate with lenders for drawdowns, DSRA, covenants, and periodic reporting.
• Support refinancing, debt restructuring, and lender due diligence as required.

Business Partnering

• Work closely with project, engineering, commercial, and operations teams to provide financial insights.
• Support long-term planning, budgeting, and forecasting for the utility portfolio.
• Provide decision support for PPAs, bids, regulatory changes, and commercial negotiations.
• Lead and mentor a high-performing finance team supporting utility-scale operations.
• Build a culture of accuracy, ownership, and continuous improvement.

Ideal skills for this role include:

• CA with 10–15 years of experience in controllership or commercial financial reporting.
• Strong understanding of business, regulatory frameworks for infrastructure/renewables.
• Experience managing multi‑SPV structures and large-scale project accounting.
• Proven ability to manage audits, lender reporting, and financial governance.
• Strong analytical & commercial skills, attention to detail, and stakeholder management capability.
• Ability to thrive in a dynamic, high-growth, project-driven environment.