Financial Controller | Noida

Financial Controller

Department: Finance

Role Overview

The role supports EPC and engineering projects in India and overseas and involves close coordination with project teams, engineering, procurement, legal, and senior management. The Financial Controller will play a key role in project finance, contracts review, statutory compliance, financial reporting, and strengthening financial controls across finance operations.

Key Responsibilities

·          Manage project-wise accounting including cost tracking, WIP, margin analysis, unbilled revenue, retention, and contract assets / liabilities

·          Ensure accurate revenue recognition under Ind AS / IFRS (POC and milestone-based)

·          Review EPC, turnkey, consultancy, design and AMC contracts from a financial and commercial perspective

·          Evaluate pricing, billing milestones, variations, escalation clauses, LDs, penalties, warranties, and retention mechanisms

·          Support bid pricing, tenders, and commercial evaluations

·          Monitor project cash flows including collections, BGs, LCs, and retention money

·          Lead monthly, quarterly, and annual closing of books as per Ind AS / IFRS / Indian GAAP

·          Prepare financial statements, provisions, accruals, depreciation, forex accounting, and reconciliations

·          Ensure proper capitalization of project and engineering center costs

·          Handle GST implications for EPC and works contracts

·          Oversee TDS, advance tax, income tax compliance and assessments

·          Coordinate statutory audit, tax audit, and internal audit

·          Strengthen internal controls, finance governance, and audit readiness

·          Prepare project MIS, margin analysis, cash flow forecasts, and variance reports

·          Act as a finance partner to project teams and management

 

Professional Experience

·          7–10 years post-qualification experience in EPC, construction, infrastructure, or engineering project environments

·          Proven hands-on experience in project accounting including WIP management, margin analysis, cost controls, unbilled revenue, retention and contract assets/liabilities

·          Strong experience in revenue recognition under Ind AS / IFRS, including POC and milestone-based methodologies for long-term EPC projects

·          Solid exposure to EPC and turnkey contract structures, including billing milestones, variations, escalation mechanisms, LDs, penalties, guarantees and warranties

·          Hands-on ownership of GST for works contracts and EPC projects, including place of supply, cross-charges, and project-specific tax positions

·          Working experience with direct tax compliance including TDS, advance tax, assessments, and coordination with tax advisors and authorities

·          Experience supporting bid pricing, tender evaluations, and commercial risk assessments

·          Background in project-driven, multi-stakeholder environments with close interaction across Projects, Engineering, SCM, Legal and external parties

·          Exposure to Design / Engineering Centres, multinational project setups, or international reporting environments is a strong advantage