Welspun Energy - General Manager - Accounts

About Welspun Energy:

Welspun Energy Ltd. (WEL) seeks to bring in a change in the social fabric of India. It envisions empowering every Indian, by lighting up all of India with clean, sustainable energy; and by transforming the life of every Indian through health, education and opportunity.

WEL aims to establish its power plants pan India. Through its green power projects the organization is working to fulfill its commitment to the people of India and a greener environment. It aims to develop 1.7 GW of renewable energy projects within the next few years, with solar projects to the tune of 750 MW and 1 GW of wind projects. Welspun Energy has become the largest solar IPP in India with over 300 MW of solar projects, of which 110 MW are operational and 190 MW projects are under construction.Through its cost leadership approach, Welspun Energy has been instrumental in bringing the solar tariff close to grid parity. It holds the distinction of completing one of the world’s largest solar PV projects of 151 MW DC.

The leadership team at Welspun Energy believes strongly in the triple bottom line approach. Its initiatives in healthcare and education will bring about inclusive transformation in the lives of the communities where it builds power plants. A clean drinking water initiative for people and livestock is an example of the company’s response to an in-depth understanding of concerns plaguing communities located near its power plants. Welspun Energy is supporting state governments through knowledge sharing for inclusive growth. Welspun Energy’s partnership with NGOs is helping in creating a difference at the grass-root level, where the real transformation needs to happen.

Welspun Energy has been recognized for its engineering excellence and sustainability efforts. The Gujarat Government under the aegis of Shri Narendra Modi recognized Welspun Energy for its outstanding contribution as a Solar Power Project Developer in Gujarat in 2012. The Oscars of the power industry, Asian Power Awards, recognized WEL’s 15 MW Gujarat project as ‘Solar Power Project of the Year 2012.’ Through a detailed study ASSOCHAM awarded Welspun Energy with the ‘ASSOCHAM Global CSR Excellence Award.’ EQ Magazine awarded Vineet Mittal as the ‘EQ Solar Man of the Year 2012.’ WEL has also been recognized with Amity Corporate Excellence Award for Corporate Social Responsibility 2012

Job Objective : GM (Accounts)

- Provide operational finance /accounts support catering to Project Accounting, Financial statements, MIS & reporting, Budget Control, Internal Control.

Qualifications and experience:

- CA with 10-12 years of experience in a similar role in industry preferably in power sector / infrastructure sector in India

Key Skills:

- Thorough knowledge of Accounting Standards principles and conventions under IGAAP

- Hand of experience on accounting packages as Tally, SAP, BAAN etc.

- Experience in preparation of Financial Statements including Consolidation

- Sound knowledge of MIS reports generation and presentation

- Experience in Direct and Indirect taxation would be an added advantage

- Through knowledge and hand on experience in MS Office, Advance Excel, PPT etc.

Job Description:

- Compilation and analysis of MIS ( Company Level)

- Capex budget.

- Finalisation of annual accounts & Coordination with Statutory auditors

- Cost Optimization

- Preparation of Standalone and Consolidated Annual financial statements as per IGAAP

- Assisting in Internal as well as Statutory Audit

- Monthly financial statements

- MIS reports

- Preparation and implementation of Internal Control Processes

- Ledgers and Trial balances

- Assisting in compliance related to Direct and Indirect taxation

- Supervision of day to day accounting