About the role

Job Description – Financial Controller

Location: Noida, India

Department: Finance

Industry: EPC / Construction / Engineering Projects

Employment Type: Full-time

Role Overview

IDE India is seeking a motivated and hands-on Financial Controller to join its Noida office as part of the finance team. 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

Skills & Competencies

Strong commercial acumen with the ability to interpret contracts and assess financial and commercial project risks
Deep understanding of project margins, cash flow dynamics, BGs, LCs, retention cycles and long-duration EPC cash risks
Ability to operate independently and take end-to-end ownership within a lean finance team
Strong business partnering mindset with the confidence to challenge assumptions and support management decision-making
Clear, structured communicator with strong stakeholder management capabilities across technical and non-technical teams
High attention to detail, disciplined execution approach, and comfort operating in fast-paced, execution-driven project environments