Sunsure - Assistant Manager/Manager - Finance & Accounts - CA

Assistant Manager/ Manager Finance & Accounts

About Sunsure Energy Pvt Ltd:

Sunsure Energy is a leading renewable energy player focused on accelerating corporations in the energy transition to RE100. Sunsure is backed by Partners Group AG with an equity commitment of $400 Million towards our vision of building the largest industrial decarbonization company in India and SE Asia.

Sunsure's offerings include Long Term Power Purchase Agreements (PPAs) from off-site (Open Access) and on-site (Rooftop / Ground Mounted) renewable energy power plants that allow industries to offset over 70% power use to renewable energy technologies such as solar, wind and battery storage. As an independent power producer (IPP), Sunsure supplies power to industries at fixed tariffs for up to 25 years thus enabling a sustainable and profitable transition to clean power without making any capital investment.

Sunsure Energy is the partner-of-choice for some of India's leading industrial companies including Dalmia Cement (Bharat) Ltd., Dabur Ltd., Kajaria Ceramics Ltd., INOX Air Products, Minda Industries Ltd., Hindware Ltd., Merino Industries Ltd., and 60+ others across 16 Indian States.

Currently, Sunsure has over 400 MW in operating RE power plants and is targeting a 5000 MW operating capacity by 2028.

Key Responsibilities:

1. Lead the transition from IGAAP to Ind AS for the group. Identify key impact areas and prepare accounting memos for the accounting treatment of such items under Ind AS.

2. Assist in reviewing and amending/re-drafting the groups accounting policies which are compliant to the Ind AS requirements.

3. Develop templates for calculating EIR on borrowings, split accounting for compound financial statements, leases, security deposits etc. as required.

4. Preparation of standalone financial statements under IGAAP/Ind AS along with Notes to accounts and proper disclosures for group entities.

5. Assist in consolidation of Group Financial statement as per Ind AS.

6. Perform intercompany reconciliations, prepare elimination entries for consolidation and compile Related Party Transactions Note for incorporation in financial statements.

7. Keeping a tab on revenue recognition from customer contracts in compliance in compliance to Ind AS 115.

8. Responsible for timely closure of group statutory audits, liaise with stat auditors for closure of audit observations and arrange sign-off.

9. Help in establishing internal controls around business processes and ensuring compliance to internal controls around financial reporting (ICFR).

10. Responsible for monthly and closing activities as per agreed timelines. Ensuring adherence to cut-off procedures, performing trend analysis for expenses and explain variances.

Candidate Requirement:

1. Qualified Chartered Accountant with 3-4 years of post-qualification experience, candidates with articleship / experience in Big 6 shall be preferred.

2. Sound knowledge of IFRS/IGAAP/Ind AS.

3. Sound financial concepts, knowledge of accounting principles and clarity on consolidation techniques.

4. Strong Microsoft Excel alongside good IT skills particularly Outlook, Word & PowerPoint.

5. Strong communication and interpersonal skills.

6. Working Knowledge of ERP / SAP shall be desirable.