Analyst/Senior Analyst – Controlling

Posted 8 Days Ago
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Hyderabad, Telangana, IND
In-Office
Senior level
Energy • Renewable Energy
The Role
Prepare and review U.S. GAAP financial statements, maintain accounting records, perform technical accounting analyses, and produce management, investor, tax, and regulatory reports. Conduct budget-to-actual and forecast-to-actual analyses, coordinate audits and tax reporting, liaise with internal teams and external consultants, and improve accounting processes, workflows, and controls for renewable energy projects, funds, and corporate entities.
Summary Generated by Built In

About DESRI

DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 13.6 gigawatts of contracted capacity across a portfolio of over 87 renewable energy projects in 25 states. DESRI is run by a dynamic team with offices located at New York, Denver, Houston, Portland and Hyderabad (India).

About the role

In this role, you will prepare, review, and file U.S. GAAP-based financial statements for the company's renewable energy projects, investment funds, and corporate entities (collectively, the “Entities”), while ensuring adherence to close timelines and control procedures.

You will maintain the book and records for the Entities in accordance with U.S. GAAP and/or prepare/review various technical accounting analyses with respect to mergers and acquisitions, structured debt, leases, power purchase agreements, variable interest entities, non-controlling interests, and other significant transactions that may be undertaken by the company from time to time.

What you'll do

You will prepare Management reports including EBITDA reports, quarterly project forecasted trial balances, and conduct budget vs. actual and forecast vs. actual analysis.

You will have the opportunity to liaise with auditors and ensure timely closure of external audits, while interacting with the U.S. and Hyderabad-based asset managers, treasury and tax team associates, and external consultants. You will review financial information to be included in various regulatory reports, engage in various forms of management and investor reporting, coordinate tax reporting, and furnish investor account statements.

Throughout the role, you will also get the opportunity to work on initiatives related to establishing, standardizing, optimizing, and documenting accounting processes, workflows, and controls.


Qualifications

  • Chartered Accountant/Certified Public Accountant degree, with zero to two years of post-qualification work experience
  • Exceptional attention to detail, with the ability to take initiative with limited direction and guidance
  • Strong analytical abilities, with excellent written & verbal communication skills, and organizational skills
  • Experience in U.S.-based audit and a good understanding of U.S. GAAP
  • Experience in the energy, real estate, or financial services sector will have an added advantage

Skills Required

  • Chartered Accountant or Certified Public Accountant degree
  • Zero to two years of post-qualification work experience
  • Exceptional attention to detail
  • Ability to take initiative with limited direction and guidance
  • Strong analytical abilities
  • Excellent written and verbal communication skills
  • Strong organizational skills
  • Experience in U.S.-based audit
  • Good understanding of U.S. GAAP
  • Experience in the energy, real estate, or financial services sector
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The Company
HQ: New York, New York
227 Employees
Year Founded: 2010

What We Do

DESRI is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. As long-term owners, we’re focused on creating value throughout all stages of a project’s life cycle, including development, construction, financing, and operations. Today, DESRI stands at the forefront of renewable energy, specializing in utility-scale solar, wind, and battery storage projects across the U.S. DESRI is committed to adding value at every project stage, from development to operations. We’ve built a diversified portfolio across 22 states with over 11 GW of generation capacity, enough to power nearly 2 million homes. DESRI has offices in New York City, Denver, and Hyderabad and we have grown to nearly 300 employees globally.

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