Associate - Controlling (Operations)

Posted 6 Days Ago
Be an Early Applicant
Hyderabad, Telangana
In-Office
Entry level
Energy • Renewable Energy
The Role
Prepare, review, and file U.S. GAAP-based financial statements for renewable energy projects; maintain books, prepare management reports, liaise with auditors, and optimize accounting processes.
Summary Generated by Built In

About DESRI

DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading developer, owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 12 gigawatts of contracted capacity across a portfolio of over 81 renewable energy projects in 22 states. DESRI is run by a dynamic team with offices located at New York, Denver, and Hyderabad (India).


About the role

We are looking for a talented candidate to join the India office of DESRI, based in Hyderabad, India. The candidate will be a part of Legal Entity 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, the "Entities").The candidate is expected to maintain the books and records of the Entities in accordance with U.S. GAAP while ensuring adherence to close timelines and control procedures. The candidate is expected to prepare Management reports including EBITDA reports, quarterly project forecasted trial balances, conduct budget vs. actual & forecast vs. actual analysis, and prepare/review annual project budgets. 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, coordinate tax reporting, and furnish investor account statements. The candidate will get the opportunity to work on initiatives related to establishing, standardizing, optimizing, documenting accounting processes, workflows, and controls.

Qualifications

-      Candidates must hold a Bachelor of Commerce degree, with 0–1 year of work experience.

-      They must possess exceptional attention to detail, with the ability to take initiative with limited direction and guidance.

-      The candidate must have excellent written and verbal communication skills.

Top Skills

U.S. Gaap
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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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