Project Cost Controller

EnerGrid · Uttar Pradesh, India

Role Overview

The Project Controller ensures strong financial governance, accurate reporting, and commercial discipline across the lifecycle of infrastructure/EPC/renewable projects. The role drives integrated performance visibility by combining project control, FP&A, and Financial Reporting (FR) responsibilities while partnering with Project Managers and Finance leadership.

Key Responsibilities

Project Financial Control

• Develop and manage project budgets, cost baselines, and structure of accounts.
• Track expenditures vs. budget; analyze cost-to-complete and productivity trends.
• Validate contractor/vendor bills including BOQ/RA bills and contractual compliance.
• Perform earned value analysis and monitor working capital efficiency at site.
• Ensuring consol control from project site finance.

FP&A - Financial Planning & Analysis

• Support annual operating plans and long-range planning for project portfolio.
• Conduct scenario modeling, pricing analysis, and sensitivity analysis for risks.
• Drive performance improvement through variance analysis and actionable insights.

FR - Financial Reporting & Compliance

• Prepare monthly MIS decks including revenue, margins, provisioning and KPIs.
• Ensure accurate revenue recognition (as per Ind-AS / IFRS) and project capitalization.
• Support internal, statutory and lender audits with required documentation.
• Ensure compliance with finance policies, internal controls, and corporate governance.

Commercial & Contract Assurance

• Assist evaluation of claims, change orders, escalation events and risk sharing clauses.
• Provide commercial insights during negotiations with vendors and subcontractors.
• Coordinate with procurement and contracts team on commitment control and bill closure.

Stakeholder & Risk Management

• Provide financial decision support to Project Managers and site teams.
• Escalate risks around delays, cost overruns, provisions, LDs, RoW issues and land costs.
• Monitor cash positions, receivables, advances, retention, LDs and vendor exposure.

Qualifications & Skills

• Chartered Accountant with 3-5 years experience in:
• Project Finance / Project Costing / EPC / Infrastructure / Renewables
• Strong understanding of Ind-AS/IFRS, control frameworks and audit requirements.
• Advanced skills in Excel, SAP and financial reporting tools.
• Analytical, proactive, and strong business partnering capability.

Key Success Metrics

• Budget adherence and cost optimization
• Billing accuracy and timely financial closure
• Forecast accuracy (Revenue / Cash Flow / Margin)
• Transparent and timely reporting for decision-making
• Risk mitigation execution and stakeholder satisfaction