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 11.9 gigawatts of contracted capacity across a portfolio of over 80 renewable energy projects in 24 states. DESRI is run by a dynamic team with offices located at New York, Denver, and Hyderabad (India). We are looking for a resourceful candidate to join DESRI based at the firm’s office in Hyderabad, India and will regularly interact with U.S. and Hyderabad-based teams, as well as external parties.
About the role
We are looking for a talented candidate to join the India office of DESRI, i.e., DESRI India Private Limited, based in Hyderabad, India. The candidate will be a part of the Controlling team and will regularly interact with the U.S. and Hyderabad-based teams, as well as external parties. The candidate will be a part of a small, inclusive, highly skilled team responsible for supporting DESRI’s portfolio of wind, solar, and storage projects within a dynamic environment that values collaboration, thoughtful problem solving, and attention to detail.
What you'll do
The candidate is expected to prepare, review, and file U.S. GAAP-based financial statements for the company’s renewable energy projects, investment funds, and corporate entities (collectively, “Entities”) while ensuring adherence to close timelines and control procedures. The candidate is expected to maintain the books and records in accordance with U.S. GAAP for the Entities and/or 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. The candidate will get the opportunity to liaise with auditors and ensure timely closure of external audits, as well as interact with U.S. and Hyderabad based asset managers, treasury and tax team associates, and external consultants. The candidate is expected to review financial information to be included in various regulatory reports, engage in various forms of management and investor reporting including reviewing annual project budgets, preparation of quarterly project forecasted trial balances, conduct budget vs. actual & forecast vs. actual analysis, and coordinate tax reporting. Additionally, this position offers an opportunity to work on initiatives related to establishing, standardizing, optimizing, and documenting accounting processes, workflows, and controls.
Qualifications
Basic qualifications:
- Candidates with a Chartered Accountant/Certified Public Accountant degree, with 0-2 years of post-qualification work experience, and the ability to work independently with limited direction and guidance.
- Candidates with excellent written and spoken communication skills.
- Candidates with a good understanding of financial agreements and contracts, such as credit and equity investment agreements.
Preferred qualifications:
- Candidates with experience in U.S.-based audit and a good understanding of U.S. GAAP.
- Candidates with experience in the energy, real estate, or financial services sector will have an added advantage
Skills Required
- Chartered Accountant or Certified Public Accountant degree
- 0-2 years of post-qualification work experience
- Excellent written and spoken communication skills
- Good understanding of financial agreements and contracts
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.
