Director / Business Unit Controller – Power Generation

Job Description

Director / Business Unit Controller – Power Generation

Industry: Power Generation / Energy
Function: Finance & Business Control
Position: Director / Senior Director
Employment Type: Full-time
Location: India
Experience: 15–20+ years

Job Summary

We are looking for an experienced Director / Business Unit Controller to lead the financial planning, business controlling and commercial finance function for a power generation business.

The role will act as a strategic finance partner to senior management and business/plant leadership, driving financial performance, budgeting, forecasting, cost control, profitability, cash flow, risk management and governance across power generation operations.

The ideal candidate should have strong experience in power generation, energy, utilities or a closely related industrial environment, with a proven track record in senior finance leadership and business partnering.

Key Responsibilities

• Lead the overall financial controlling and performance management function for the power generation business.
• Partner with the CEO/Business Head and senior leadership on financial and strategic decision-making.
• Develop and manage annual budgets, long-term plans and rolling forecasts.
• Monitor revenue, EBITDA, OPEX, CAPEX, cash flow and working capital performance.
• Drive monthly, quarterly and annual financial reporting with accuracy and timeliness.
• Analyze financial and operational variances and recommend corrective actions.
• Establish robust financial controls, governance frameworks and risk-management processes.
• Oversee plant/business-unit cost structures and identify opportunities for cost optimization.
• Monitor generation costs, operating expenses, maintenance expenditure and capital investments.
• Support financial evaluation of new power projects, expansions, acquisitions, investments and major capital initiatives.
• Develop financial models and scenario analysis to support business decisions.
• Provide commercial and financial insights for pricing, investments and operational strategies.
• Ensure compliance with applicable accounting standards, statutory requirements, internal policies and regulatory requirements.
• Coordinate with auditors, banks, consultants, regulators and other external stakeholders when required.
• Lead working-capital optimization and improve cash-flow management.
• Strengthen ERP, MIS and business intelligence systems to improve financial visibility and decision-making.

• Drive automation and digitalization of finance and reporting processes.
• Lead, mentor and develop the finance and controlling team.
• Present financial performance, forecasts, risks and strategic recommendations to senior management.

Power Generation Experience

Candidates should ideally have exposure to one or more of the following:

• Thermal Power Generation
• Renewable Power Generation
• Solar / Wind
• Gas-based Power
• Power & Utilities
• Energy Infrastructure
• Power Projects / EPC
• Industrial Energy Operations

Strong understanding of the financial and operational drivers of power-generation businesses will be highly preferred.

Candidate Profile

• 15–20+ years of progressive experience in Finance, Controlling, FP&A or Business Finance.
• Strong experience in a senior finance leadership / controller role.
• Experience in Power Generation, Energy, Utilities or a related industrial sector.
• Qualified CA / CMA / CPA / MBA Finance or equivalent qualification.
• Strong expertise in financial planning, budgeting, forecasting and variance analysis.
• Experience in CAPEX/OPEX management, costing and working-capital optimization.
• Strong knowledge of financial reporting, accounting controls and compliance.
• Experience with ERP systems such as SAP/Oracle and financial reporting/BI tools such as Power BI is preferred.
• Strong financial modelling and analytical capabilities.
• Excellent stakeholder-management and executive communication skills.
• Demonstrated ability to lead and develop finance teams.
• Strong commercial orientation and strategic business acumen.
• High level of integrity, accountability and decision-making ability.

Key Competencies

Financial Controlling | FP&A | Budgeting | Forecasting | Cost Control | CAPEX/OPEX | Project Finance | Financial Modelling | Risk Management | Cash Flow | Business Partnering | Power Generation Finance | Leadership

Ideal Candidate

The ideal candidate will be a strategic finance leader with strong power-sector experience who can go beyond traditional accounting and act as a business partner to the leadership team, driving profitability, financial discipline, operational efficiency and long-term business growth.

How to Apply

Interested candidates can share their updated CV at mmeindia10@gmail.com.

Please mention “Director / Business Unit Controller – Power Generation” in the subject line of the email.

Rachana

MME HR SERVICES