31 Jul
|
RENEW
|
Gurugram
Job Title: Assistant General Manager – Business Finance, EPC
Role Overview
We are seeking a dynamic and result-oriented professional to join our team as Assistant General Manager – EOC. The ideal candidate will be responsible for overseeing the financial and commercial dimensions of key projects, ensuring alignment with contractual commitments, optimizing project profitability, and driving cross-functional collaboration. This role plays a pivotal function in project success by bridging financial controls with operational execution.
- About Company
Roles and responsibilities :-
- Work closely with project managers to provide timely transparency around project performance against budget
- Ensure accurate project forecasts, incorporating known risks and opportunities
- Ensure adherence to commercial terms and conditions and highlight associated risks
- Organize project reviews throughout the life of each contract including coordinating the close-out process
- Drive to improve project performance through change orders and supplier claims
- Review, verify and process project related transactions (purchase requisitions, invoices, etc.)
- Track, evaluate and work to mitigate contract penalties such as performance guarantees and liquidated damages for delays
- Work with business team, forecast cash and LOC requirements
- Ensure lender compliances related to project financing
- Manage the available fund & responsible for movement between SPV & EPC, contract structuring etc. as well as contract management
- Involved in identification of opportunities for process improvements and cost savings in Capex management, providing analysis and recommendations to enhance efficiency. • Analysing Cost trends in detail , bringing insights on overruns/leakages
- Manage relationship with Internal business stakeholders, supporting them with all financial calls to be taken
- Recommend resolutions for the financial risks identified for the EPC Business
- Lead and resolve Capitalizations issues, outstanding Advances, Payables,
EPC Billing and Capex Provisioning for Project Cost closure
- Institutionalizing Processes, finding Processes gaps and enabling closures
Experience Required: 12 to 18 years.
Location: Gurugram
Education: CA/PGDM/MBA Finance(Major)
Key Responsibilities:
- Stakeholder Reporting: Prepare, analyze, and present periodic project financials and analytics updates to senior management, highlighting key risks, deviations, and corrective measures across EPC
- Lead Monthly Project Financial Reviews and Reporting: Ensure monthly reviews end-to-end financial aspects of assigned projects, including revenue recognition, cost tracking, margin optimization, cash flow planning, and overall project profitability.
- Drive Reporting on Key aspects of EPC across Solar, Wind including deep dive analytics.
- Contract Compliance & Governance: Ensure all contractual obligations are met including performance guarantees, insurance coverages, tax compliance, and adherence to legal provisions.
- Strategic Forecasting & Budgeting: Lead the budgeting and forecasting processes for projects, perform variance analysis, and provide insights to support strategic decision-making.
- Audit & Special Assignments: Act as the financial interface for both internal and external audits, manage ad hoc assignments and support strategic business initiatives.
- Cross-functional Liaison: Collaborate with internal teams such as Legal, Taxation, Treasury, and Accounting to manage and mitigate financial and compliance risks across projects.
Desired Skills & Competencies:
- 12–18 years in business finance finance roles in infrastructure, energy, EPC, or related industries
- Strong grasp of project controlling and reporting, commercial contracts, and risk management
- Expertise in budgeting and reporting
- Excellent interpersonal and communication skills to manage diverse stakeholders
- Proficiency in ERP systems and project management tools
- Sound understanding of taxation, accounting principles, and foreign exchange dynamics
- Robust analytical mindset with attention to detail
- Proven ability to work in high-pressure environments and manage multiple projects simultaneously
📌 AGM - Business Finance (Gurugram)
🏢 RENEW
📍 Gurugram