Financial Controller (Pune)

Financial Controller (Pune)

14 Oct
|
Sorigin Group
|
Pune

14 Oct

Sorigin Group

Pune

1. Controllership & reporting

- Own books, monthly close, and consolidation across operating entities and deployment SPVs

- Statutory accounts, audit, direct/indirect tax; transfer pricing on cross-border and related-party flows

- Manage tax: GST, TCS, direct-tax and any EV incentives (e.g., state subsidies)

- Prepare and own the monthly financial MIS, capturing all key financial, operational, commercial, cash-flow, working-capital, covenant, and deployment-level performance parameters, with explicit variance analysis and actionable management insights

- Develop and maintain scalable reporting structures, including the chart of accounts, GL mappings, cost and profit centres, project / SPV codes, and reporting hierarchies, to enable consistent and efficient management reporting

- Partner with IT and business teams to design and implement automated digital reporting tools and dashboards through Power BI, integrating finance, operations, telematics, and contract data with appropriate data controls

- Single source of truth for management / board reporting

2. Asset & structured finance / treasury

- Structure and close deployment financing, including building an IRR case per deal

- Set up and administer SPVs; manage covenants, DSCR, and security / guarantee obligations

- Own cash-flow and working-capital management, including rolling short- and medium-term forecasts, receivables and payable planning, liquidity monitoring, funding-gap identification, lender and lessor relationships, and disciplined drawdowns and repayments

- Own payments and disbursements across HoldCo and SPVs:

- OEMs: advances, milestone and delivery payments for trucks, chargers and batteries etc.

- Vendors: O&M;, charging / energy, insurance, drivers / manpower, and other opex payables





- Banks / lenders: EMIs, interest, lease rentals, fees, and DSRA top-ups, with zero missed debt-service dates

- Revenue & receivables:

- Customer invoicing for MGT contracts. Bill accurately and on time against trip, telematics and contract data.

- Periodic MGT shortfall / excess true-ups and billing of penalties, LDs and escalations under contract terms

- Collections ownership: ageing, follow-up and escalation, and disputes resolved with customers and ops

- Revenue recognition and recording of unbilled / accrued revenue at month-end

- Maintain a rolling payment calendar tied to the cash-flow forecast. Prioritise and sequence payments against available liquidity and drawdowns.

3. Commercial finance / FP&A;

- Unit economics per truck, route, and deployment; contract pricing and bid support (PTPM, lease terms, redeployment sensitivity)

- Track project performance budget vs. actuals at deployment / SPV level, monthly, against the deal underwriting case

- Explain variances against plan – utilisation, energy / charging cost, uptime, O&M;, and financing cost – and drive corrective action

- Maintain a project-performance dashboard tying actual IRR and margins back to the sanctioned model

- Deployment-level budgeting and P&L; challenge assumptions before capital is committed





- Financial review of customer contracts – flag MGT / offtake ambiguities before signature

4. Controls, risk & compliance

- Design and enforce internal controls and approval workflows fit for a scaling fleet

- Vendor master hygiene and TDS / GST compliance on payments. Keep monthly reconciliations of vendor, OEM and lender ledgers.

5. Financing & stakeholder support

- Build data rooms, models, and diligence packs for securing financing (e.g., banks, NBFCs)

Candidate profile

- CA , 3-4 years, with a controllership or structured-finance core

- Direct experience in asset-heavy / infra / fleet / leasing / project-finance settings (EV, logistics, or lending a plus)

- Hands-on with SPV accounting, covenant management, and IRR modelling

- Comfortable in an early-stage, build-it environment

First 12 months – success looks like

- Clean close and consolidated reporting across all SPVs and the HoldCo

- Budget-vs-actuals tracking live for every deployment, with variances explained monthly

- Automated monthly MIS and Power BI dashboards established, with reliable data integration, clear ownership, and reduced manual reporting effort

- End-to-end tracking of funds deployed across the HoldCo, SPVs, vehicles, chargers, batteries, and other deployment costs, with clear reconciliation to approved budgets and funding sources

- Effective working-capital management demonstrated through rolling cash-flow forecasts, timely collections and payments, controlled ageing, and no avoidable liquidity or debt-service gaps

- Robust financial models established for deployment approval, pricing, funding, liquidity, profitability, IRR, and sensitivity analysis, enabling timely and well-informed management decisions

📌 Financial Controller (Pune)
🏢 Sorigin Group
📍 Pune

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