Head - F&A, Smart Metering & GKEL

The role is responsible to lead and institutionalize robust financial controllership in the Smart Meter(Energy) business by ensuring accurate accounting, disciplined working capital management, timely closings, comprehensive reporting and business analysis, inventory management, and strong internal controls. The Financial Controller acts as a key custodian of financial integrity, overseeing core finance operations such accounts receivable, accounts payable, MIS, Financial Planning and Analysis, Cost and Cash optimization and audit. The role ensures full statutory compliance, governance, internal controls, supports strategic decision-making through insightful analytics, and enables seamless financial operations in alignment with corporate objectives, regulatory standards, and stakeholder expectations. The role is also called upon to support BD initiatives and Tendering in pursuit of new opportunities.

Responsibilities

MIS, Analytics & Management Reporting

• Set up appropriate/relevant metrics for periodic KPI monitoring
• Prepare and review of daily/weekly/monthly MIS, its packs incl. Forecasting/ Budgeting/ Valuation Modelling, dashboards, and financial analytics including revenue, costs, profitability, cash flow and working capital trends.
• Timely submission of accurate data and Review with CFO and further cascading to Business, CEO, Group CFO, GHB, Board, and regulatory authorities as required
• Oversee development of exception reports, project costs variance trackers, cost center variance trackers and early warning indicators to drive informed decision-making.
• Align financial reporting structure with group-level consolidation and audit templates.

• Timeliness & accuracy of MIS
• Qualitative and in-depth analysis and insights

Audit, Internal Controls & Regulatory Compliance

• Anchor all audit processes including statutory, tax internal, and group audits across multiple reporting cycles.
• Govern audit closure process including timely data submissions, resolution of observations, and implementation of control improvements.
• Monitor compliance with Ind-AS, GST, Companies Act, SEBI LODR, CARO, and other applicable regulations liaising with DT/IDT/Secretarial/Compliance teams
• Strengthen financial SOPs, approval frameworks, and internal control mechanisms across AP, AR, project accounting, and closings.

• Audit closure without major comments
• Zero Audit Adjustments

Financial Accounting, Closing & Reporting

• Oversee accurate and timely monthly, quarterly, and annual closings in compliance with Ind-AS, Companies Act, Income Tax Act and internal policies.
• Supervise financials of the Smart Meter entities and finalization of standalone and consolidated financial statements.
• Lead delivery of P&L, balance sheet, and cash flow analysis including variance commentary for internal and board use.
• Enforce reconciliation integrity across GLs, cost centers, and clearing accounts, and monitor audit readiness of books.

• Financial closure within stipulated timeline
• Zero Audit Adjustments

Accounts Receivable Oversight

• Provide strategic oversight to receivables lifecycle management including billing, collections, provisioning, and dispute resolution.
• Drive improvement in DSO, ageing profile, and interest recovery through analytical dashboards and escalation frameworks.
• Review critical contracts, customer credit terms, and revenue reconciliation processes to ensure zero leakage and alignment with commercial policies.
• Monitor compliance with tax provisions (TDS/GST), provisioning norms, and internal controls for receivables.

• Days Sales Outstanding (DSO)
• % Collection efficiency
• Reduction in aged receivables (>90 days)
• Timely and periodic customer account reconciliation, risk management analysis and reporting

Responsibilities

Key Performance Indicators (KPIs)

Accounts Payable Oversight

• Oversee timely processing and approval of payments including vendor invoices, advances, foreign remittances, and reimbursements.
• Enforce strong controls in GR/IR clearing, PO matching, MSME compliance, and SAP workflow validations.
• Monitor AP ageing, fund prioritization in line with treasury inputs, and compliance with financial SOPs and DoPs.
• Govern statutory and regulatory reporting of payables including RPTs and disclosures.

• Improvement in TAT
• 100% SLA compliance
• Timely /periodic vendor and contract reconciliations, risk management analysis and reporting

Inventory Management & Reporting

• Lead, deploy and monitor flow, recording of Inventory across value, preparation and review of daily/weekly/monthly flows, dashboards, and financial analytics including quantity, costs, ageing, procurement, carrying costs.
• Monitor timely submission of accurate data to CFO, Business & CEO and regulatory authorities as required.
• Oversee development of exception reports & early warning indicators to drive informed decision-making.

• Alignment of Stock and its movement between Books and  Proprietary Project Management Tool
• Accurate and Timely reporting

Team Development & Capability Building

• Identify training needs, facilitate skill development programs, and enhance team competencies.
• Implement structured mentorship and leadership development initiatives.
• Address team concerns, provide guidance, and create opportunities for professional growth.
• Foster a culture of collaboration, accountability, and continuous improvement.
• Encourage participation in team-building activities and employee engagement initiatives.

• Attrition rates
• Employee Engagement scores
• % Participation in training and upskilling programs

• Statutory/Internal/Tax Auditors
• Government and Regulatory Bodies
• Customers/Vendors on various contract/tax/accounting issues
• Lenders and their consultants
• Other External consultants (for valuations, contractual matters, legal etc.)

• GCM(O), BCM(O), CEO, GCFO, CFO, CBO
• Other verticals within the Energy and Business Finance department
• HODs and officers of the various departments of the Business.
• Energy functions -Legal, Commercial, Procurement, Operations, HR, IT
• Group corporate finance and accounts teams
• SAP team for process improvement and automation
• FSSC for accurate and timely recording of transactions and process improvement
• Management Assurance Group (MAG) for internal audit related issues
• Compliance/Secretarial teams for tax and other compliance related issues

• Handling Smart Meter Financials having a project size of over Rs. 7500 Crs crores across 3 SPVs.

• Team Size: Direct management of 1 and Indirect management of 3 team members

Chartered Accountant (CA) and/or MBA in Finance from a top tier college

• 20+ years of experience in financial controllership, audit, and reporting functions
• Proven track record in managing AR/AP, closings, MIS – FP&A and regulatory compliance in energy, infrastructure or capital-intensive sectors.
• Proficiency in SAP (SAP4/HANA would be an advantage), BPC, and BI tools; familiarity with Ind-AS, Companies Act, GST is essential