Head Of Business Control

Date de publication : 18/10/2024

Requisition ID : 36726

Job Description

Title: Head of Business Control - Pune, India

About ENGIE

ENGIE is a French multinational energy giant (CAC 40-listed company) with an annual revenue around 80 billion euros, operates in 27 countries with big renewable development ambition in India.

ENGIE group is a global reference in low-carbon energy and services. Together with our 96,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.

About ENGIE INDIA

ENGIE has been active in India for over 1 decade and invested over 1 Bn EUR in India across various sectors and will significantly increase our investments in the country over the coming years. Today our renewable portfolio in India is over 2.3GW with 1.1GW in operations in 7 states and another 1.25GW in various stages of construction, and advanced development. The group CEO has reconfirmed our ambition to develop 1 GW / year starting from next year.

This scale-up environment will catapult our Finance organization in a new age on which the heads is expected to contribute.

About the job:

Business Line: RGBU

Reporting to: Country CFO India

Primary Location: Viman Nagar ,Pune India

Job Level: HL TBD

Employee Status: Permanent

Schedule: Full Time

Purpose of the job

Monitor, analyse, challenge and report the business and financial operational results of the assets, within the values, compliance principles, policies and rules of ENGIE and according to its strategy and objectives of results.
Challenge operational activities, contracts, and structuring to ensure optimal efficiency and compliance.
Take an active role in the operational finance and notably in monitoring and reviewing the financial matters across the assets and in advising to the CFO, the ENGIE India Board members.
Heading the periodic business and performance review presented to the group GBU’s Financial business partner and Regional HUB top management.

Key activities and competencies

Strategic
- Manage the yearly Budget and medium-terms plans, and within-year re-forecasts, and risks and opportunities for a dedicated asset perimeter.
- Contribute to the compliance of all companies with finance & accounting policies of group.
- Advising the CFO and the CEO of strategic decision impacts on the KPIs.
- Contribute and review business hypothesis of the Investment committee notes.

Operational
- manage the data retrieval, analysis, consolidation and monthly reporting. Ensure that accounting package and business Reporting is accurate, complete and reported in a timely fashion.
- Provide support to AIFA in the yearly impairment testing exercise.

Organisational
- Challenges, inquires, and consolidates best estimate KFI forecasting, risk and opportunities’ analysis for a dedicated asset perimeter.
- Contribute to the finance transformation

Planning & Delivery of Work
- Participate actively to the periodic enterprise risk assessment of the business and provides support to the Tax teams.
- Produce ad-hoc analysis as required or needed by stakeholders / internal clients.

Decision Making
- Preparation and reporting of early warning reports.
- Coordination, preparation, analysis and consolidation of rep. letters.

Working with others
- Monitor new regulations, in particular with respect to finance, accounting and fiscal matters, and assess the impact on the business.
- Be accountable for and set up procedures related to timely and qualitative statutory reporting processes and for reconciliation process between financial statements for local purpose and those report for consolidation under the Group.
- Support and contribute to financial, and risk management (injection, hedging and treasury) decisions in coordination with ENGIE Corporate Finance.
- Monitor, support and contribute to the cash upstream activities in coordination with ENGIE Corporate Finance.
- Review of the financial information (including but not limited to the Board packs, the assets’ finance committees) and provide advisory to the CFO Other GCC and Pakistan, the ENGIE Board members and the assets CFO/Finance teams on all finance matters.
- Contribute to ‘smart’ reporting and analytics (SG&A and other) of a dedicated perimeter.
- Provide support to ad hoc financial topics.

Dimensions of job

Staff: One or two staff member.

Key relationships:

Internal:
- Regional Finance Business Partner of the Global business unit.
- Asset Management, Head of operations, Engineering & Construction
- ENGIE India Finance teams.
- AIFA.
- ENGIE HQ finance community (FP&A, tax, treasury & corporate finance, IFRS expertise centre etc…)

External:
- External auditors
- Project Partners; lenders; key suppliers; other stakeholders.

Required Qualifications

Qualifications:
- CA or Valuable MBA
- Recognised accountancy qualification.

Experience:
- Min 8 years’ experience in Finance / Business Control / AIFA / transactional finance, etc.
- Experience of external audit with significant audit firm / or within a multinational industrial and asset-based company is preferable.

Knowledge and Skills:
- Familiar with complex organizations (multi-cultural, wide geographical scope, multi-disciplinary, listed subsidiaries, or with minority interests or strong partners).
- High level of comprehension of IFRS.
- Strong knowledge of finance (business control, international accounting standards and consolidation, tax regulations, financial analysis, valuations, etc…).
- Strong analytical skills.
- Strong team player.
- Strong soft skills (communication, negotiation, etc…).
- Knowledge of the business models and risk allocation schemes applicable to long-term project financed assets (independent power producers (IPP) schemes) preferable.