Vedanta - Head - Financial Reporting & Control - CA

Head - Financial Reporting & Control

Description:

Vedantas Power Business is among the top private players in India in thermal power generation with an installed capacity of 4780 MW, serving various discoms and utilities, across the nation.

Vedanta Power operates a robust portfolio of thermal power assets across three strategic locations: Punjab, Chhattisgarh, and Andhra Pradesh.
Located in Punjabs Mansa district, Talwandi Sabo Power Ltd.
(TSPL) represents the largest private thermal power facility in North India, with an installed capacity of 1980 MW, contributing nearly 30% of the states electricity demand.
Meenakshi Energy Ltd.
(MEL) in Andhra Pradeshs Tirupati district has a capacity of 1000 MW, while Vedanta Ltd.
Chhattisgarh Thermal Power Plant (VLCTPP) in Singhitarai village, Sakti district, is a 1200 MW coal-based thermal power plant.
Together, these plants reflect Vedanta Powers commitment to powering progress through high-performance assets and regional impact.
Head Financial Reporting & Controller.
We are seeking a Head Financial Reporting & Controller to lead accurate, timely, and compliant financial reporting across the organization.
This role will oversee statutory and management reporting, group consolidation, and audit processes, ensure adherence to accounting standards and regulatory requirements, strengthen internal financial controls and governance, and support leadership and the Board with high-quality financial insights while driving process excellence and automation across the controllership function.
Roles and Responsibilities:

• Oversee preparation and finalization of monthly, quarterly, and annual financial statements.
• Ensure compliance with applicable accounting standards (Ind AS / IFRS / GAAP, as applicable).
• Manage group consolidation, inter-company reconciliations, and elimination entries.
• Review complex accounting areas such as revenue recognition, financial instruments, leases, impairments, and provisions.
• Ensure timely submission of financial results to management, Board, and regulators.
• Ensure compliance with statutory, regulatory, and listing requirements (Companies Act, SEBI, stock exchange regulations, etc.
• Coordinate with Company Secretarial, Legal, and Tax teams for regulatory filings and disclosures.
• Support preparation of Board papers, Audit Committee presentations, and management reports.
• Establish and monitor strong internal financial controls (IFC) and accounting processes.
• Ensure adherence to accounting policies, SOPs, and delegation of authority frameworks.
• Drive continuous improvement in processes, automation, and control environment.
• Oversee compliance with internal audit observations and remediation plans.
• Lead statutory, internal, and regulatory audits.
• Resolve audit issues and ensure timely closure of audit findings.
• Lead, mentor, and develop the financial reporting and controllership team.
• Coordinate with cross-functional teams including Tax, Treasury, FP&A, and Business Finance.

Qualification & Experience:

• Chartered Accountant (CA) is mandatory;.
• 10-12+ years of experience in financial reporting, controllership, or audit roles.
• Experience in large corporates, listed entities, or group structures preferred.
• Hands-on experience with ERP systems (SAP / Oracle or equivalent).