AGM - Finance & Accounts (5+years)

Job Description

Financial Reporting & Analysis Responsible for finalisation of accounts, budgeting, forecasting, and financial analysis. Conduct cost vs. variance analysis, reconciliation with DISCOMs/clients. Sound knowledge of DSM regulations. Analyze financial performance, identify trends/variances, and highlight cost optimization opportunities. Provide actionable financial insights to senior management. Monitor financial metrics specific to the energy/power sector. Prepare financial proposals for banks including: CMA data Project reports DSCR reports Cash budgeting reports Financial projections aligned with industry trends Budgeting & Forecasting Collaborate with plant operations for accurate budget and financial forecasting. Prepare costing and operating financial indicators. Manage financial elements of offtake agreements and power purchase agreements (PPAs). Provide strategic insights related to energy pricing and contracts. Cost Management Oversee cost accounting activities, including: Fuel cost tracking Maintenance expenses Operational efficiency metrics Implement cost control and reduction strategies without affecting plant performance. Analyze and report key cost drivers and KPIs (e.g., variable/fixed O&M cost per MWh). Compliance & Regulatory Ensure compliance with financial and industry regulations such as GST, Income Tax, ESIC/PF. Prepare and submit required regulatory reports. Liaise with auditors and authorities during inspections and audits. Internal Controls, Processes & Risk Management Develop and maintain strong internal controls for safeguarding assets. Streamline accounting processes to improve efficiency and accuracy. Ensure timely and accurate recording of energy trading and hedging transactions. Implement best practices for managing market, credit, and operational risks. Ensure compliance with all statutory regulations (IT, GST, DISCOMs, etc.) Team Leadership & Development Lead and mentor a team of accounting professionals. Coordinate with other departments to align financial planning with operational goals. Promote cross-functional collaboration on capital projects and initiatives. Candidate Profile Bachelor's/Master’s degree in Accounting or Finance with a CA qualification . Minimum 5 years of experience in accounting/finance in the energy or power sector . Strong knowledge of accounting principles under GAAP and Ind AS . Proficient in accounting software, Advanced Excel , Power BI , and ERP systems. Experience with Excel dashboards for MIS reporting. Strong interpersonal, problem-solving, and organizational skills. Ability to handle fast-paced and dynamic work environments. Proven collaboration skills across cross-functional teams. Fluent in English, Telugu, and Hindi . Understanding of: Fuel efficiency ratios Heat rates Capacity utilization Levelized Cost of Electricity (LCOE) Show more Show less