Executive - Finance & Accounts

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Job Description: Accounts Payable

The Accounts Payable (AP) Specialist is responsible for managing and processing financial transactions related to accounts payable. This includes invoice processing, vendor payments, reconciliation, and ensuring compliance with company policies and financial regulations.

Key Responsibilities:-

1. Invoice Processing: Receive, review, and verify invoices for accuracy and proper documentation. Match invoices with purchase orders and receiving documents. Enter and process invoices in the accounting system.

2. Vendor Payments: Prepare and process electronic transfers, checks, and ACH payments, ensure timely and accurate payments to vendors. respond to vendor inquiries and resolve discrepancies.

3. Reconciliation & Reporting: Reconcile AP transactions, statements, and resolve outstanding balances.

4. Collaboration & Communication: Work closely with procurement, finance, and other departments.

5  Monthly books closing activity : Prepare monthly amortization expense, Payroll accounting, Security deposit working and other Month end MIS.

6. Compliance & Documentation: Maintain organized AP records for audits and internal reviews, SOX documentation for controlling activities.

 

Qualifications & Skills:

Bachelor's degree in Accounting, Finance, or related field (preferred).

2+ years of experience in accounts payable or accounting.

Proficiency in accounting software (for example, SAP, QuickBooks, Oracle).

Strong attention to detail and problem-solving skills.

Excellent communication and organizational abilities.

Knowledge of financial regulations and AP best practices.