GMR Group - General Manager - Financial Controller

JOB DESCRIPTION

Position Title: Financial Controller

Department/Sub Department: Finance & Accounts

Designation: GM

Location: Delhi

Reports To: VP/Head of Finance & Accounts

POSITION DETAILS:

Role Summary/Purpose:

Briefly describe the general purpose of the position or its significance from the organisation's point of view and how it contributes to the overall mission/objective of the organization.

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 as 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.

Key Accountabilities and Performance Indicators:

MIS, Analytics & Management Reporting:

Responsibilities:

- 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.

- Provide both quantitative & qualitative insights for analysis & decision making

KPIs:

- Timeliness & accuracy of MIS

- Qualitative and in-depth analysis and insights

- Audit, Internal Controls & Regulatory Compliance

Responsibilities:

- 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.

KPIs:

- Audit closure without major comments

- Zero Audit Adjustments

- Financial Accounting, Closing & Reporting

Responsibilities:

- 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.

KPIs:

- Financial closure within stipulated timeline

- Zero Audit Adjustments

- Accounts Receivable Oversight

Responsibilities:

- 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.

KPIs:

- Days Sales Outstanding (DSO)

- % Collection efficiency

- Reduction in aged receivables (>90 days)

- Timely and periodic customer account reconciliation, risk management analysis and reporting

- Accounts Payable Oversight

Responsibilities:

- 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.

KPIs:

- Improvement in TAT

- 100% SLA compliance

- Timely / periodic vendor and contract reconciliations, risk management analysis and reporting

- Inventory Management & Reporting

Responsibilities:

- 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.

KPIs:

- Alignment of Stock and its movement between Books and Proprietary Project Management Tool

- Accurate and Timely reporting

- Team Development & Capability Building

Responsibilities:

- 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 culture of collaboration, accountability, and continuous improvement.

- Encourage participation in team-building activities & employee engagement initiatives.

KPIs:

- Attrition rates

- Employee Engagement scores

- % Participation in training and upskilling programs

Background, Skills and Qualifications:

Educational Qualifications:

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

Relevant Industry/Sector Experience:

- 13+ 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

- Technical Competencies

- Strong Financial and Data Analysis skills

- Financial Forecasting and Budgeting

- Cost Accounting Controls

- Financial Reporting, Contract Management & Risk Analysis

- Regulatory Compliance

- Accountings Receivable & Payable Management

- Working Capital Management

- Cashflow Management

- Asset Management

- Financial Systems Proficiency

- Relationship Management

- Business Partnering

- Knowledge and Usage of Technology/AI for Digitization, Automation and Efficiency

Behavioural Competencies:

- Stakeholder focus

- Networking

- Personal Effectiveness

- Execution and Results

- Teamwork and Interpersonal Influence

- Self-motivated, pro-active, energetic and passionate

- Strategic Orientation

- Planning and Decision Making

- Problem Solving and Analytical Thinking

- Entrepreneurship

- Capability Building

- Social awareness

- Strong Communication skills