11 Aug
|
PSK Infracontract
|
India
11 Aug
PSK Infracontract
India
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 (India)
🏢 PSK Infracontract
📍 India