Financial Controller - Power Sector

Radha TMT; Hyderabad; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Radha TMT is seeking a Financial Controller to lead group-level consolidation, financial reporting, governance, and treasury operations across energy, real estate, and M&A contexts.

The role demands oversight of multi-entity structures, ERP system implementation (SAP S/4HANA preferred), and rigorous compliance with Ind AS, RERA, and tax laws. You will drive performance, manage banks and lenders, and mentor a distributed finance team.

Qualifications

• Experience in group-level consolidation and financial reporting.
• Strong knowledge of Ind AS, RERA, and tax compliance.
• Leadership of multi-entity finance teams across sites.

Responsibilities

• Lead group financial consolidation, statutory reporting, and close cycles.
• Oversee treasury, cash flow forecasting, and debt covenants.
• Drive ERP implementation and reporting automation using BI tools.
• Lead M&A due diligence, deal structuring, and post-merger integration.
• Ensure RERA compliance and governance across projects.

Skills

Consolidation

IFRS/Ind AS

Cash flow management

Budgeting & forecasting

Leadership

Tools

SAP S/4HANA

BI tools

ERP systems

Job description

1. Position Overview

The Financial Controller will serve as the strategic financial leader overseeing group-level (Energy , Real Estate & M&A) consolidation, financial reporting, governance, and treasury operations. This role is responsible for driving financial performance, managing multi-entity structures (SPVs, Subsidiaries, JVs), leading M&A financial due diligence, and ensuring absolute compliance with Indian Accounting Standards (Ind AS), RERA, tax laws, and lender covenants.

2. Key Responsibilities

Group Financial Control, Governance & Treasury

• Lead financial consolidation, statutory reporting, and monthly/quarterly/annual closing across all operating entities and SPVs.
• Establish, enforce, and maintain robust accounting policies, internal financial controls (IFC), standard operating procedures (SOPs), and corporate governance frameworks.
• Oversee statutory audits, internal audits, tax compliance (Direct & Indirect), FEMA, and secretarial/regulatory filings.
• Manage group treasury operations, cash flow forecasting, working capital optimization, and compliance with debt covenants.
• Drive enterprise ERP implementation/upgrades (SAP S/4HANA preferred) and leverage BI tools to automate reporting processes.

Energy Business Finance

• Manage project finance modeling, tariff structure analysis, power purchase agreement (PPA) accounting, and CAPEX/OPEX control across solar, wind, and hybrid assets.
• Oversee pre-investment financial modeling for new energy projects, evaluating metrics such as IRR, DSCR, and Levelized Cost of Energy (LCOE).
• Interface with banks, non-banking financial companies (NBFCs), multilateral lenders, and regulatory bodies for project financing, debt drawdown, and compliance.

Real Estate Business Finance

• Oversee project costing, budgeting, Work-in-Progress (WIP) accounting, and inventory valuation across multiple real estate developments.

Job Description – Financial Controller

• Ensure strict RERA compliance, escrow bank account management, and construction finance structuring.
• Execute rigorous cost-to-complete analyses, variance tracking, and project-wise profitability evaluations.

M&A, Deal Structuring & Investment Finance

• Lead financial due diligence, asset/business valuation (DCF, Trading Comparables, NAV), and transaction structuring for joint ventures, acquisitions, and divestments.
• Author and present detailed investment memos, synergy models, and deal structures to the Investment Committee and Board of Directors.
• Direct post-merger finance integration, including unifying charts of accounts, financial reporting systems, and internal control environments.
• Formulate capital structuring strategies, manage equity infusions, and evaluate exit routes for investors.

Stakeholder Management & Team Leadership

• Act as the primary financial liaison to external stakeholders, including Big 4 auditors, private equity investors, lenders, rating agencies, and tax authorities.
• Lead, mentor, and develop a high-performing finance team distributed across corporate functions and operational sites.