Assistant Manager -finance & Accounts (solar/bess/t&d)
- Amara Raja Infra
- 6 - 8 years
- Hyderabad
- 4 months ago
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Job Description
Company Description
The Amara Raja Group is a fast-growing conglomerate in India with a revenue exceeding USD 1.2 Billion. The group consists of 7 companies and 16 businesses, with a workforce of over 15,000 employees. The company is committed to making a positive impact on the environment, society, customers, suppliers, employees, and shareholders. The Amara Raja Group fosters an inspiring workplace and values that promote personal growth and development
Position: Assistant Manager-Finance & Accounts
Sector: Renewable Energy, Solar & Transmission & Distribution
Employment Type: Full-Time
Location: Hyderabad, Telangana.
Qualification: Chartered Accountant (CA)/M.B.A -Finance
Experience: 6-8 years post-qualification
Role Overview:
At Amara Raja, we are committed to excellence in financial governance and strategic decision-making. We are looking for a dynamic and detail-oriented Assistant Manager -Accounts to lead key financial operations, including monthly closures, audits, budgeting, and reporting. This role offers the opportunity to work in a high-impact environment where your expertise will drive financial clarity and business success.
Key Responsibilities:
Monthly Book Closure
- Timely closure of books in SAP
- Review of P&L schedules,major expenses, and material provisions
- Deferred revenue calculation,analysis, and action planning
- Comparison of deferred revenue vs CB margin
- Execution of SAP transactions: KKAJ, CJ8G, OSL
- Freezing Trial Balance (TB)
Flash Financials
- Preparation of Day 1 and Day 10 flash reports
- Review and validation of financial data
Business Review Meetings (BRM)
- Segment-wise financial highlights (FTM & YTD)
- Operating statements and profit bridge analysis
- Overhead analysis and cost optimization
- Closure of action points from BRM discussions
Control Budget Amendments (Quarterly)
- Review of project control budgets vs actuals
- Analysis of balance cost vs final control budget
Annual Budgeting
- Inputs for revenue, contribution, employee cost, site expenses, BG charges, depreciation, finance cost, and admin expenses
- Consolidation and finalization of budgets
- Comparative analysis with actuals and previous budgets
Quarterly Financials & Board Reporting
- Preparation of quarterly financials and cash flows (direct & indirect)
- Board deck preparation, including:
- Operating statement
- Segment revenue
- Receivables, payables, inventory
- CCC, ROCE, key metrics
- Consolidated financial data
- Creation of Board presentation (PPT)
Statutory Audit Management
- Freezing TB and preparing audit schedules
- Review and submission of financials and schedules
- Providing audit clarifications and ensuring timely completion
- Proactive resolution of prior year audit issues
Tax Audit
- Preparation of workings for tax clauses (43B, depreciation, GST/TDS reconciliation, MSME payables)
- Drafting Form 3CD in Excel
- Clarifications to auditors and verification of tax calculations
- Timely filing of tax returns
Tender Support
- Preparation of data for CA certificates (Turnover, Net Worth, CCC, Project Collections, Local Content)
- Coordination with CA for certification and clarifications
Transfer Pricing
- Preparation of segmental operating statements and RPT data
- Confirmation and sign-off of RPT balances with group companies
Other Responsibilities
- Sharing quarterly customer-wise revenue with group finance (Net Revenue)
Skills & Competencies:
- Strong knowledge of accounting standards, tax laws, and SAP
- Excellent analytical and problem-solving skills
- Effective communication and stakeholder management
- Ability to manage multiple priorities and meet deadlines
Qualifications & Experience
- Chartered Accountant (CA) /M.B.A Finance certification with a strong foundation in financial reporting, control, and compliance.
- 6-8 years experience in project finance within the solar and BESS sectors, preferably with direct involvement in solar projects.
- Proven track record of working with developers or consulting firms on financial diligence, bidding, or execution of renewable energy projects.
- Proficiency in financial modelling and business analytics tools (Excel, VBA, Python, etc.)
How to Apply: Interested/suitable profiles can be shared with ***@am******a.com
Regards,
HR Team
Job Classification
Industry: Power (Solar)Functional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: Amara Raja Infra ariplLocation(s): Hyderabad
Keyskills: Finance Modelling CA Infrastructure Finance Project finance Business Finance Project Financing Financial Planning Auditing
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