10 Aug
|
PSK Infracontract
|
Salem
10 Aug
PSK Infracontract
Salem
The General Manager Finance leads all financial, accounting, taxation, and banking operations for a solar EPC company.
Key requirements include managing project accounting, securing working capital limits, and ensuring tax compliance for large-scale engineering and construction contracts.
Role Overview
- Job Title: General Manager - Finance
- Industry: Solar EPC (Engineering, Procurement, and Construction) / Renewable Energy
- Core Focus: Complete financial management, project accounting, taxation, and banking relations
Key Responsibilities
Financial Management and Strategy
- Direct the overall financial strategy and budget planning of the company.
- Monitor project-wise profitability and cash flow for solar EPC contracts.
- Review project costing, estimates, and variance analysis regularly.
- Provide financial insights to the board for business growth and bidding decisions.
Accounting and Reporting
- Oversee end-to-end accounting operations and finalization of books of accounts.
- Ensure compliance with Ind-AS or IFRS accounting standards.
- Prepare monthly, quarterly, and annual financial statements.
- Manage internal audits and coordinate with statutory auditors.
Taxation and Compliance
- Handle direct and indirect taxation, including GST, TDS, and corporate tax.
- Ensure compliance with state and central regulations for solar projects.
- Manage tax filings, assessments, and litigations with tax authorities.
- Optimize tax planning for EPC contracts and capital imports.
Banking and Treasury Operations
- Manage relationships with banks and financial institutions.
- Secure working capital facilities, Letter of Credit (LC), and Bank Guarantees (BG) for tenders.
- Oversee fund management, cash flow forecasting, and debt servicing.
- Negotiate competitive interest rates and credit terms.
Required Qualifications
- Education: Chartered Accountant (CA) or BCom, MBA in Finance.
- Experience: 10 years of total finance experience.
- Industry Experience: Mandatory experience in the EPC (Engineering, Procurement, and Construction) sector, with direct experience in solar or renewable energy preferred.
- Skills: Robust knowledge of project accounting, bank guarantees for large tenders, and tax laws.
📌 General Manager Finance (Salem)
🏢 PSK Infracontract
📍 Salem