Assistant Manager

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

Regards,

HR Team