Job Description
Job Title: Manager / Senior Manager – Finance (EPC Business)
Location: Pune
Department: Finance & Accounts
Reports To: CFO / Head of Finance
Industry: Engineering, Procurement & Construction (EPC)
________________________________________
Role Overview:
The candidate will be responsible for budgeting, financial planning, project-based financial control, cash flow management, and ensuring adherence to commercial agreements. This role is critical in enabling efficient project execution while ensuring profitability and financial compliance.
________________________________________
Key Responsibilities:
1. Project Budgeting & WBS (Work Breakdown Structure):
o Develop, implement, and monitor project budgets aligned with contractual and execution milestones.
o Define and maintain WBS structures for financial tracking and reporting.
o Work closely with project and commercial teams for accurate budget forecasting and control.
2. Payments & Reconciliation:
o Ensure timely processing of vendor payments as per contract terms.
o Perform reconciliation of vendor accounts, subcontractor accounts, and project ledgers.
o Maintain strong audit trails and documentation for all transactions.
3. Collections Tracking:
o Monitor receivables and follow up on outstanding payments.
o Maintain a collection dashboard and coordinate with clients to reduce DSO (Days Sales Outstanding).
o Escalate and resolve issues that may delay collections.
4. GM (Gross Margin), IRR (Internal Rate of Return) Tracking:
o Track and analyze project-wise and overall business GM and IRR.
o Identify variances from plan and recommend corrective actions.
o Present profitability and return analysis for current and future projects.
5. Financial EPC MIS:
o Prepare monthly, quarterly, and annual financial MIS reports.
o Analyze variances and prepare commentary on financial performance.
o Support decision-making with timely and accurate data.
6. Working Capital & Cash Flow Management:
o Manage cash flow planning and liquidity for ongoing and upcoming projects.
o Optimize working capital by managing payables, receivables, and inventory.
o Coordinate with banks and financial institutions for fund requirements.
________________________________________
Qualifications & Experience:
• CA / MBA Finance / ICWA with 6-8 years of relevant experience in an EPC or project-based industry.
• Strong understanding of project accounting, financial modelling, and cost control mechanisms.
• Experience in handling large-scale project financials (preferably in the ₹500+ crore range).
• Proficiency in ERP systems (SAP/Oracle preferred) and advanced Excel.
________________________________________
Key Skills:
• Project finance and control
• Strong analytical and communication skills
• Stakeholder management
• Risk identification and mitigation
• Contract and commercial understanding
• Team leadership and cross-functional collaboration
________________________________________
Preferred Industry Experience:
• EPC (Engineering, Procurement & Construction)
• Infrastructure / Construction
• Power / Oil & Gas / Heavy Engineering Projects
Location: Pune
Department: Finance & Accounts
Reports To: CFO / Head of Finance
Industry: Engineering, Procurement & Construction (EPC)
________________________________________
Role Overview:
The candidate will be responsible for budgeting, financial planning, project-based financial control, cash flow management, and ensuring adherence to commercial agreements. This role is critical in enabling efficient project execution while ensuring profitability and financial compliance.
________________________________________
Key Responsibilities:
1. Project Budgeting & WBS (Work Breakdown Structure):
o Develop, implement, and monitor project budgets aligned with contractual and execution milestones.
o Define and maintain WBS structures for financial tracking and reporting.
o Work closely with project and commercial teams for accurate budget forecasting and control.
2. Payments & Reconciliation:
o Ensure timely processing of vendor payments as per contract terms.
o Perform reconciliation of vendor accounts, subcontractor accounts, and project ledgers.
o Maintain strong audit trails and documentation for all transactions.
3. Collections Tracking:
o Monitor receivables and follow up on outstanding payments.
o Maintain a collection dashboard and coordinate with clients to reduce DSO (Days Sales Outstanding).
o Escalate and resolve issues that may delay collections.
4. GM (Gross Margin), IRR (Internal Rate of Return) Tracking:
o Track and analyze project-wise and overall business GM and IRR.
o Identify variances from plan and recommend corrective actions.
o Present profitability and return analysis for current and future projects.
5. Financial EPC MIS:
o Prepare monthly, quarterly, and annual financial MIS reports.
o Analyze variances and prepare commentary on financial performance.
o Support decision-making with timely and accurate data.
6. Working Capital & Cash Flow Management:
o Manage cash flow planning and liquidity for ongoing and upcoming projects.
o Optimize working capital by managing payables, receivables, and inventory.
o Coordinate with banks and financial institutions for fund requirements.
________________________________________
Qualifications & Experience:
• CA / MBA Finance / ICWA with 6-8 years of relevant experience in an EPC or project-based industry.
• Strong understanding of project accounting, financial modelling, and cost control mechanisms.
• Experience in handling large-scale project financials (preferably in the ₹500+ crore range).
• Proficiency in ERP systems (SAP/Oracle preferred) and advanced Excel.
________________________________________
Key Skills:
• Project finance and control
• Strong analytical and communication skills
• Stakeholder management
• Risk identification and mitigation
• Contract and commercial understanding
• Team leadership and cross-functional collaboration
________________________________________
Preferred Industry Experience:
• EPC (Engineering, Procurement & Construction)
• Infrastructure / Construction
• Power / Oil & Gas / Heavy Engineering Projects
💡 Quick Summary
Seeking a career-building opportunity? The Finance Accounting Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.