Power Generation - Other - Financial Analyst

Oil and Natural Gas Corporation Limited (ONGC)
Applicants0
Postedabout 16 hours ago

Job Highlights

Experience1 - 2 Yrs
Salary5-10 LPA
LocationIndore
Work ModelRemote
RolePower Generation - Other
Openings2
EmploymentInternship
EducationPG Diploma

Required Skills

Financial ModelingData AnalysisBudgeting and ForecastingVariance AnalysisCost AccountingMS Excel (Advanced)Financial ReportingAccounting PrinciplesCommunication SkillsProblem-SolvingAttention to DetailTeamwork

Job Description

Role Summary:
We are seeking a motivated Financial Analyst with 1-2 years of experience and an M.Com degree to join our Power Generation division in Indore. The ideal candidate will support financial planning, analysis, and reporting activities within the power generation segment of our oil and gas operations. This role offers an excellent opportunity to gain in-depth knowledge of financial operations in a critical industry.

Key Responsibilities:
- Assist in the preparation of monthly, quarterly, and annual financial reports and forecasts for the power generation division.
- Conduct variance analysis between actual, budgeted, and forecasted financial performance.
- Support the budgeting process by gathering data and performing preliminary analysis.
- Analyze operational costs and identify areas for cost optimization within power generation projects.
- Prepare financial models to support decision-making on new projects and investments.
- Ensure compliance with accounting policies and regulatory requirements.
- Collaborate with various departments to gather financial information and resolve discrepancies.
- Contribute to the development of financial dashboards and presentations for management.

About Oil and Natural Gas Corporation Limited (ONGC)

Oil and Natural Gas Corporation Limited (ONGC) is a multinational oil and gas corporation headquartered in Mumbai, India. It is a Public Sector Undertaking (PSU) under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. ONGC is India's largest crude oil and natural gas company, contributing about 70 percent to India's domestic production. ONGC produces about 62 percent of India's total petroleum crude and about 51 percent of India's natural gas production. The company is involved in the exploration, development, and production of crude oil, natural gas, and related petroleum products. It has operations across India and in several other countries.

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