Financial Controller – Large Projects – Infrastructure/Oil & Gas/Power/Energy Native

The Corporate Institute; Mumbai; On-site; INR 7,000,000 - 11,000,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a seasoned Financial Controller for Large Projects. The role demands 20+ years in finance, with deep project controllership and capex governance, and the ability to handle projects of 3,000 Cr+ with CFO-level engagement.

You will oversee CWIP, capitalization, cost-to-complete, change orders, and milestone certification, while ensuring Ind AS compliance and risk governance. AI/automation in finance is a plus.

Qualifications

• 20+ years of finance experience with project controllership and capex focus.
• Experience with Ind AS, tax incentives, and project-related controls.
• Led large-scale infrastructure or capex projects (3,000 Cr+).
• Ability to independently challenge project numbers at CFO/senior-management level.
• Exposure to AI/automation in finance and project controls is advantageous.

Responsibilities

• Own end-to-end financial controllership and governance for large infrastructure/capex projects (3,000 Cr+).
• Monitor and control CWIP, capitalization, cost-to-complete, cost overruns, change orders, and milestone certification.
• Establish and strengthen project controls, governance frameworks, audit readiness, and risk escalation mechanisms.
• Ensure compliance with Ind AS, capex accounting standards, and applicable tax incentive frameworks.
• Independently review and challenge project numbers submitted by project teams; provide an enterprise-level CFO-facing view.
• Drive adoption of AI/automation tools within finance and project controls processes.

Skills

Project finance

Capex governance

CWIP knowledge

Ind AS

Risk management

Audit readiness

AI/Automation

CFO engagement

Education

Chartered Accountant

CMA

Job description

Role: Financial Controller Large Projects

Location: Mumbai

Experience: 20+ years

Age: Below 50 years

Key Requirements:

• 20+ years of overall experience in finance, with strong grounding in project finance controllership, project accounting, and capex governance
• Must have independently handled individual projects of 3,000 Cr+ this is a non-negotiable criterion
• Experience across large-scale infrastructure / major capex projects
• Strong understanding of CWIP, capitalisation, cost-to-complete, cost overruns, change orders, and milestone certification
• Experience in project controls, governance, audit, and risk escalation
• Strong exposure to Ind AS, capex accounting, tax incentives, and project-related controls
• Ability to independently challenge project numbers and provide an enterprise-level view to the CFO / senior management
• Exposure to AI / automation in finance and project controls will be an advantage

Candidate Profile:

• Chartered Accountant / CMA (or equivalent finance qualification) preferred
• Currently based in or open to relocating to Mumbai
• Below 50 years of age
• Demonstrated track record of end-to-end financial controllership on large, complex infrastructure or capex-heavy projects not portfolio-level or consolidated oversight alone
• Comfortable operating at a senior level, engaging directly with CFO and enterprise leadership on project performance and risk

Key Responsibilities:

• Own end-to-end financial controllership and governance for large infrastructure / capex projects (3,000 Cr+ each)
• Monitor and control CWIP, capitalisation, cost-to-complete, cost overruns, change orders, and milestone certification
• Establish and strengthen project controls, governance frameworks, audit readiness, and risk escalation mechanisms
• Ensure compliance with Ind AS, capex accounting standards, and applicable tax incentive frameworks
• Independently review and challenge project numbers submitted by project teams; provide an enterprise-level, CFO-facing view
• Drive adoption of AI / automation tools within finance and project controls processes