Account Professionals- Karnataka, Madhya Pradesh, Andhra Pradesh, Gujarat, Rajasthan

3 days ago

Udaipur, India ACME Group Full time

Job Overview

We are seeking a highly skilled Account Executive to manage accounting functions for our renewable energy projects at the site level. The successful candidate will be a Chartered Accountant (CA) with 3-5 years of experience, preferably with exposure to banking operations and financing related to renewable projects.


Key Responsibilities

Project Financial Management

  • Oversee and manage the financial operations for renewable energy projects at the site level, including tracking budgets, expenses, and cash flows.
  • Prepare and review project-specific financial statements, ensuring accuracy and adherence to accounting standards.
  • Maintain project accounting records and ensure proper documentation of all transactions in line with project agreements and financial protocols.

Banking & Financial Transactions

  • Coordinate with banks for day-to-day financial operations, including handling project accounts, transfers, payments, and receipts.
  • Ensure timely disbursement of project-related payments, managing vendor accounts, contractor payments, and material cost settlements.
  • Assist in managing project-related loans, guarantees, and financial instruments with banking institutions.
  • Ensure that financial reporting aligns with banking covenants and requirements.

Compliance & Reporting

  • Ensure compliance with local tax regulations, government policies, and industry-specific financial standards related to renewable energy projects.
  • Prepare and file statutory reports, returns, and other necessary documentation as required by government bodies and stakeholders.
  • Assist in the preparation of financial reports and analysis for senior management and stakeholders.
  • Support internal and external audits, providing necessary documentation and explanations as needed.

Cost Control & Budget Management

  • Monitor project costs to ensure adherence to budgeted allocations and manage variances.
  • Collaborate with project teams to evaluate financial performance and suggest cost-saving measures to keep the project within budget.
  • Track project progress, including construction and installation phases, ensuring timely financial reporting and cost control.

Cash Flow & Fund Management

  • Monitor cash flow for the site project, ensuring that there are adequate funds for ongoing operations, project milestones, and payments.
  • Assist in managing working capital and maintaining optimal liquidity for site operations.
  • Prepare and maintain cash flow projections, ensuring timely availability of funds for key project deliverables.

Invoice Management & Reconciliation

  • Manage invoicing, payments, and receipts for the site, ensuring accuracy and timely processing.
  • Reconcile vendor and contractor accounts, ensuring that invoices match the terms of agreements.
  • Ensure that all invoices are processed in compliance with tax laws, company policies, and project-specific requirements.

Financial Planning & Forecasting

  • Assist in the development of financial forecasts for the renewable energy project, providing inputs on potential financial risks and opportunities.
  • Analyze financial performance against forecasts and budgets, providing recommendations for corrective actions.
  • Support long-term financial planning for the project, contributing to strategies for profitability and sustainability.


Qualifications

  • Chartered Accountant (CA) with 3-5 years of experience in accounting, finance, or auditing.
  • Experience in renewable energy projects (solar, wind, etc.) or similar industries is a plus.


Location

  • Karnataka, Madhya Pradesh, Andhra Pradesh, Gujarat, Rajasthan

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