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State Finance Controller - Karnataka - ( Location : Chitradurga )

10 - 20 Years


Not Disclosed by Recruiter

Posted: 57 days ago

Job Description

Roles and responsibilities 

State Finance Controller - Karnataka - ( Location : Chitradurga )

Qualification : CA qualified

Exp: 10- 15 Years

Key Skills : Business Planning, Inventory, Cost Reduction, Commercial Negotiation With Vendors / Customers, Book Closing, Knowledge Of Sap, Gst,


Management of Collections from customers

1. Raise invoices on customers in tandem with CRM

2. Follow up for early payments

3. Ensure collection and deposit into bank accounts

Budgetary Control

1. Prepare the state budget in tandem with corporate and state functions & finalize the same

2. Review and monitor the budget, budgetary allocations outlays and expenses to exercise budgetary control

3. Compute and track the variances vis-a-vis the budget so as to keep them in permissible limits (+ - 5%)

Fund Allocation & working capital management

1. Prepare the cash flows for the state in view of cash realization schedules

2. Prioritize the heads of expenses in view of criticality, impact, company image etc and prepare a payment plan

3. Allocate funds under different heads on ongoing basis and tweak the logic in view of experience and ground realities

4. Manage other aspects of working capital for enabling effectivization of OMS operations

Statutory Compliance

1. Prepare and maintain a tracker of statutory obligations with the time frame

2. Ensure 100% compliance to the statutory tracker

3. Monitor the compliances on a regular basis

MIS reports

1. Prepare P&L, NOWC report and Expenses Analysis in a pre-stipulated time frame

2. Prepare other reports and MIS for better financial management and as a feed forward to Senior leadership

Cost Management & control

1. Keep OPEX, Fixed cost and COGS under focus so as to continuously drive down the same

2. Examine the major heads like rent, security for continual reductions


1. Undertake pricing activities

2, Provide pricing inputs while finalization of contracts for revenue maximization

3. Ensure differential pricing for any value-add services beyond the standard framework

Risk Management

1. Identify major financial risks and prepare a risk mitigation plan

2. Put in place a system of checks and balances

3. Prepare the schedules for physical verification of inventory, cash and other assets to ensure the prevalence of ethical standards

Prior exposure and familiarity:

1. Prior hands-on experience of budgeting, budgetary control, variance analysis and cost management is a prerequisite.

Salary: other

Industry: Oil and Gas / Energy / Power / Infrastructure

Functional Area: Financial Services, Banking, Investments, Insurance

Role Category: Retail/Personal Banking

Role: Regional Manager

Employment Type: Permanent Job, Full Time

Key skills

Business Planning Inventory Cost Reduction GST

Perks and Benefits 

As per policy

Salary: Not Disclosed by Recruiter
Industry: Oil and Gas / Energy / Power / Infrastructure
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit
Role Category: Accounts
Role: Chartered Accountant
Employment Type: Permanent Job, Full Time

Company Profile

Suzlon Energy Limited
The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America. With over two decades of operational track record, the Group has a cumulative installation of approximately 15GW of wind energy capacity, a workforce of over 8,000, a low-cost manufacturing base and strong in-house R&D set-up in USA, Germany, the Netherlands, Denmark and India. Approximately 9GW of the Group’s installation is in India, which makes up for ~37% of the country’s wind installations, making Suzlon the largest player in this sector. The company has recently forayed into the solar space. The Group, headquartered at Suzlon One Earth in Pune, India, is comprised of Suzlon Energy Limited and its subsidiaries. Suzlon corporate website:
View Contact Details+
Contact Details

Recruiter Name:Kala Iyer

Contact Company:Suzlon Energy Limited