Finance Project Head
Oil and Natural Gas Corporation Limited (ONGC)Job Highlights
Required Skills
Job Description
Role Summary: The Finance Project Head will be responsible for overseeing and managing all financial aspects of major projects within the Oil & Gas sector. This role requires a strategic thinker with a strong understanding of project finance, risk management, and financial reporting in the context of large-scale capital projects. The ideal candidate will lead financial planning, budgeting, forecasting, and ensure financial compliance throughout the project lifecycle.
Key Responsibilities:
- Lead the financial planning, budgeting, and forecasting for all assigned oil and gas projects.
- Develop and implement robust financial control systems to monitor project expenditures and identify variances.
- Manage cash flow, funding requirements, and ensure optimal utilization of project capital.
- Conduct financial risk assessments and develop mitigation strategies for project-related financial risks.
- Prepare and present comprehensive financial reports to senior management, stakeholders, and regulatory bodies.
- Ensure compliance with all relevant financial regulations, accounting standards, and corporate policies.
- Collaborate with project managers, engineering teams, and other departments to ensure financial alignment with project objectives.
- Oversee the financial aspects of procurement, contract management, and vendor payments for projects.
- Provide financial guidance and support for project feasibility studies and investment decisions.
About Oil and Natural Gas Corporation Limited (ONGC)
Oil and Natural Gas Corporation Limited (ONGC) is a multinational oil and gas corporation owned by the Government of India and administered by the Ministry of Petroleum and Natural Gas. ONGC is India's largest crude oil and natural gas company, contributing about 70 percent to India's domestic production. It is a Public Sector Undertaking (PSU) under the administrative control of the Ministry of Petroleum and Natural Gas. ONGC is engaged in exploration, development, and production of crude oil, natural gas, and related products. The company has a significant presence in India's upstream oil and gas sector and has also expanded its operations internationally.
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