Project Cost Controller

EnerGrid; Dadri; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

EnerGrid in Uttar Pradesh seeks a Project Controller to ensure strong financial governance, accurate reporting and commercial discipline across EPC and renewable projects. You will blend project control, FP&A and Financial Reporting responsibilities while partnering with project managers and finance leadership.

Key duties include budgeting and cost baselines, tracking expenditures, cost-to-complete analysis, earned value, revenue recognition as per Ind-AS/IFRS, audits support, and

Qualifications

• CA with 3–5 years of experience in project control and financial governance.
• Strong knowledge of Ind-AS/IFRS, control frameworks and audit requirements.
• Advanced Excel skills and experience with SAP and financial reporting tools.

Responsibilities

• Develop and manage project budgets, cost baselines, and accounts structure.
• Track expenditures vs. budget; analyze cost-to-complete and productivity trends.
• Validate contractor/vendor bills including BOQ/RA bills and contractual compliance.
• Perform earned value analysis and monitor working capital efficiency at site.
• Ensuring consol control from project site finance.
• Support annual operating plans and long-range planning for project portfolio.
• Conduct scenario modeling, pricing analysis, and sensitivity analysis for risks.
• Drive performance improvement through variance analysis and actionable insights.
• Prepare monthly MIS decks including revenue, margins, provisioning and KPIs.
• Ensure accurate revenue recognition (as per Ind-AS / IFRS) and project capitalization.
• Support internal, statutory and lender audits with required documentation.
• Ensure compliance with finance policies, internal controls, and corporate governance.
• Assist evaluation of claims, change orders, escalation events and risk sharing clauses.
• Provide commercial insights during negotiations with vendors and subcontractors.
• Coordinate with procurement and contracts team on commitment control and bill closure.
• Provide financial decision support to Project Managers and site teams.
• Escalate risks around delays, cost overruns, provisions, LDs, RoW issues and land costs.
• Monitor cash positions, receivables, advances, retention, LDs and vendor exposure.

Skills

CA / Chartered Accountant

Analytical

Business partnering

Advanced Excel

SAP

Financial reporting tools

Education

Chartered Accountant (CA)

Tools

SAP

Excel

Financial reporting tools

Job description

The Project Controller ensures strong financial governance, accurate reporting, and commercial discipline across the lifecycle of infrastructure/EPC/renewable projects. The role drives integrated performance visibility by combining project control, FP&A, and Financial Reporting (FR) responsibilities while partnering with Project Managers and Finance leadership.

Key Responsibilities

• Develop and manage project budgets, cost baselines, and structure of accounts.
• Track expenditures vs. budget; analyze cost-to-complete and productivity trends.
• Validate contractor/vendor bills including BOQ/RA bills and contractual compliance.
• Perform earned value analysis and monitor working capital efficiency at site.
• Ensuring consol control from project site finance.
• Support annual operating plans and long-range planning for project portfolio.
• Conduct scenario modeling, pricing analysis, and sensitivity analysis for risks.
• Drive performance improvement through variance analysis and actionable insights.
• Prepare monthly MIS decks including revenue, margins, provisioning and KPIs.
• Ensure accurate revenue recognition (as per Ind-AS / IFRS) and project capitalization.
• Support internal, statutory and lender audits with required documentation.
• Ensure compliance with finance policies, internal controls, and corporate governance.
• Assist evaluation of claims, change orders, escalation events and risk sharing clauses.
• Provide commercial insights during negotiations with vendors and subcontractors.
• Coordinate with procurement and contracts team on commitment control and bill closure.
• Provide financial decision support to Project Managers and site teams.
• Escalate risks around delays, cost overruns, provisions, LDs, RoW issues and land costs.
• Monitor cash positions, receivables, advances, retention, LDs and vendor exposure.

Qualifications & Skills

• Chartered Accountant with 3–5 years experience in:
• Strong understanding of Ind-AS/IFRS, control frameworks and audit requirements.
• Advanced skills in Excel, SAP and financial reporting tools.
• Analytical, proactive, and strong business partnering capability.

Key Success Metrics

• Budget adherence and cost optimization
• Billing accuracy and timely financial closure
• Forecast accuracy (Revenue / Cash Flow / Margin)
• Transparent and timely reporting for decision-making
• Risk mitigation execution and stakeholder satisfaction