GM Accounts - Renewable Energy

Dainik Bhaskar Group; Mumbai; On-site; INR 6,000,000 - 11,000,000; Full time

Job summary

Dainik Bhaskar Group seeks an experienced GM Accounts to build and scale the finance function for a multi-project renewable platform. You will collaborate with CFO and heads across development, finance, taxation, treasury and operations to drive robust financial controls and reporting.

The role demands CA with 15+ years, deep knowledge of Ind AS, tax, and project finance, and hands-on leadership to shape the finance architecture as the company expands its renewable portfolio.

Qualifications

• CA with 15+ years of experience in finance leadership.
• Strong exposure to Renewable Energy/Power/Infra projects is preferred.
• Hands-on in project accounting, SPVs, CWIP, capitalization and fixed assets.

Responsibilities

• Build a scalable Accounts & Financial Control framework for multi-project renewable platform.
• Lead project accounting across Solar, Wind and BESS projects.
• Drive monthly/annual financial closure, Ind AS reporting, MIS, budgeting and management reporting.
• Establish robust accounting and reporting systems across projects, SPVs and multiple states.
• Oversee GST, Income Tax, TDS, statutory compliance and audits.
• Support project evaluation, financial modelling, project returns/IRR analysis and investment decisions.

Skills

Financial leadership

Project accounting

Ind AS reporting

Taxation

Internal controls

ERP implementation

Education

Chartered Accountant (CA)

Tools

ERP systems

Job description

About the Company

DB Power Ltd (Dainik Bhaskar Group Co.) is building a scalable C&I-focused renewable energy platform, targeting approximately 1 GW of renewable capacity over the next two years, comprising 750 MW Solar, 250 MW Wind and 750 MWh BESS.

The platform will serve A+ credit-rated C&I customers, directly and through channel partners, with an objective of delivering ~20% equity IRR. The initial focus is on Gujarat, Maharashtra, Chhattisgarh, Madhya Pradesh and Rajasthan, leveraging STU transmission.

The Role

We are looking for an experienced GM Accounts to build and lead the Accounts & Financial Control function as the business scales.

The role will be a key part of the leadership team and will work closely with the CFO and business heads across project development, commercial, project finance, taxation, treasury and operations.

Key Responsibilities:

• Build a scalable Accounts & Financial Control framework for a multi-project renewable energy platform.
• Lead project accounting across Solar, Wind and BESS projects, including development costs, CWIP, capitalization, fixed assets and depreciation.
• Drive monthly/annual financial closure, Ind AS reporting, MIS, budgeting and management reporting.
• Establish robust accounting and reporting systems across projects, SPVs and multiple states.
• Oversee GST, Income Tax, TDS, statutory compliance and audits.
• Support project evaluation, financial modelling, project returns / IRR analysis and investment decisions.
• Work closely with Project Finance/Treasury teams on financial closure, lender reporting and project funding.
• Monitor working capital, receivables, cash flows and project financial performance.
• Support commercial teams on C&I customer contracts, PPAs, billing, revenue recognition and collections.
• Establish strong internal financial controls, governance, SOPs and risk-management processes.
• Lead ERP implementation/process automation and build a high-performing Finance & Accounts team.

What We Are Looking For

• CA with 15+ years of relevant experience.
• Strong experience in Renewable Energy / Power Generation / Infrastructure / EPC / C&I Energy.
• Hands-on experience in Solar and/or Wind projects; exposure to BESS will be an advantage.
• Strong understanding of project accounting, SPVs, CWIP, capitalization and fixed assets.
• Exposure to project finance, financial closure and lender reporting.
• Strong knowledge of Ind AS, taxation, statutory compliance and internal controls.
• Experience with C&I renewable energy, open access, group captive, PPAs or power-sector commercial arrangements will be preferred.
• Strong commercial orientation, analytical ability and leadership skills.
• Experience in building/scaling finance processes and teams in a high-growth environment.

The Opportunity

This is a builder's role for a finance leader who can establish the financial architecture and governance of a new-age renewable platform and partner with the business through its next phase of rapid growth.