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DESRI, based in the United States and operating renewable energy assets, seeks a capable accounting professional in Hyderabad to support EPC strategy for solar and BESS projects. You will build and maintain project P&Ls, WIP, forecasts, and cash flows with US project managers and finance leaders.
You will also monitor change orders, forecast margins, and handle owner billings, lien waivers, and revenue recognition, while contributing to process improvements and AI-enabled workflows.
DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 13 gigawatts of contracted capacity across a portfolio of over 85 renewable energy projects in 24 states.
We are looking for a resourceful and driven professional to join DESRI, based out of the firm’s Hyderabad, India office. The successful candidate will be a part of a small, inclusive, highly skilled team responsible for supporting DESRI’s Engineering, Procurement and Construction (EPC) strategy in an agile environment that values collaboration, thoughtful problem solving, and attention to detail.
As part of the EPC strategy, you will be involved in building and running project accounting for our utility-scale solar and BESS construction portfolio through its lifecycle. You will prepare and maintain project P&Ls, monthly work-in-progress (WIP) reports, cost forecasts, and cash flow projections, working closely with U.S.-based project managers and finance leaders. You will also run the weekly allocation of labor and equipment costs to projects, and review cost reports with project teams to confirm costs land where they should.
You will track subcontractor and owner change orders from initiation through approval and billing, forecast project margins (including cost-plus projects), prepare owner billings and lien waivers, and record owner payments.
You will contribute to revenue recognition under the percentage-of-completion method (and other approaches as contract structures require), including over/under-billing analysis, and reconcile project management and ERP data each month, resolving variances ahead of monthly project reviews, where you will help surface margin and cash flow risks.
You will also prepare for and respond to external audit requests, and help shape how the function works by standardizing, documenting, and improving project accounting processes and controls, including integration with AI-enabled workflows.