Accountabilities:

- Contribute to the formulation of the annual business plan and budget for RE assets, ensuring alignment with RE business objectives.

- Support Senior Manager - Finance & Accounts in formulation of annual budget for RE Assets in consultation with the RE Asset Head and Asset Managers; Track performance (actual against planned) and provide updates to the management.

- Monitor budget compliance across all assets through proper cost control and budget compliance policies and procedures.

- Provide periodic status updates to management on compliance to budget and other financial parameters across all assets.

- Manage all accounting processes and activities for RE assets with the objective of ensuring completeness of accounts and ensuring a true representation of financial results to the management.

- Prepare monthly, quarterly and annual financial statements for RE assets such as P&L statement, balance sheets, drawing power and cash flows, ensuring compliance to defined policies and timelines.

- Perform month-on-month, YTD comparisons and a detailed deviation analysis and provide periodic MIS to management on the findings.

- Ensure accurate update of derivative accounting entries recording the forwards and options taken and principal/interest payment on foreign borrowings.

- Monitor compliance of all business processes and activities with applicable financial controls and facilitate related audits

- Ensure all processes and activities are compliant to the applicable financial controls, rules, regulations and SOX cycles; Identify cases of non-compliance and report to management.

- Monitor completion of compliance recording in the CMS by all departments; coordinate with 3rd party consultants for issue resolution.

- Facilitate internal and external audits for RE assets to ensure compliance with established financial controls, rules and guidelines.

- Coordinate with internal/external auditors to drive timely completion of all financial audits as per defined schedule; Drive implementation of audit findings thereby reducing instances of non-conformance Maintain all files and documentation thoroughly and accurately, in accordance with company policy and guidelines; Ensure timely generation of reports as requested by management.

Skills and knowledge:

Minimum education qualifications for the position: CA

Functional Skills:

- Knowledge of IND AS

- Preparation of Annual Financials as per IND AS

- Knowledge of tax calculation, tax audit and tax return

- Thorough understanding of the Indian Power Industry

- Sound understanding of Indian and HK accounting standards.

- Knowledge of preparation of Financial Statements as per Companies Act 2013, Statutory & SOX audit.

- Knowledge of Derivatives Accounting, capitalization and general insurance.

- Communication and Influencing Skills.

- Negotiation Skills.

Relevant and total years of Experience: Overall experience: 6-8 years in power industry accounting