Sr. 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 – MIS/ Month End Closing

· Knowledge of IND AS, Cost Booking – Ancillary cost and Amortisation,

· Knowledge of Borrowing Cost (Expense and capitalisation)

· Perform month-end and year-end close process, Reconciliations of Books.

· Provide strategic support to management by analysing actuals against business scenarios

· Ability to analyse actual data with budgets; provide regular reports to management highlighting the actual variances and reasons for the same. More specific for Interest cost, Ancillary cost and Provision for Expenses / loan repayments

· Loans and advances to Related Party – USL, Equity, Share Application Money, Inter Company Deposits

· Interest Accrued on FD interest and other investment

· Verification of interest, commission charged by Banks under various facilities and adequate provision for Interest and other costs

· Knowledge of TDS, GST will be helpful.

· Daily Cash position analysis; Knowledge of cash flow preparation & analysis

· Ensure quality control over financial transactions and financial reporting

· Dealing with auditors for Quarterly / Yearly / SoX / ICFR and ensuring audit is closed with NIL Observation.

 

Skills Required

1. CA

2. Sound Accounting Knowledge

3. SAP Knowledge, Strong/ excellent command over Ms excel/ Word

4. An effective communicator, resolving issues by co ordinating with different stakeholders in organization.