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DESRI

Develops, owns, operates utility-scale renewables

Analyst / Senior Analyst - EPC Controlling

Cost & Management AccountingPosted on Nov 13
Full-timeHyderabad, Telangana, IndiaNo salary listed

About the Job

Requirements

  • A Chartered Accountant or U.S. Certified Public Accountant qualification, or a Master of Business Administration in Finance.
  • One to three years of post-qualification experience in accounting or finance, including exposure to month-end close and financial reporting.
  • Experience in EPC or construction project accounting and working knowledge of job costing, work-in-progress, percentage-of-completion revenue recognition, over/under billings, and change orders are strongly preferred.
  • Excellent written and verbal communication skills.
  • Exceptional attention to detail and the ability to take initiative with limited direction and guidance.

Responsibilities

  • Build and run project accounting for the utility-scale solar and battery energy storage system construction portfolio through its lifecycle.
  • Prepare and maintain project profit and loss statements, monthly work-in-progress reports, cost forecasts, and cash flow projections, working closely with U.S.-based project managers and finance leaders.
  • Run the weekly allocation of labor and equipment costs to projects, and review cost reports with project teams to confirm costs are allocated correctly.
  • 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.
  • Contribute to revenue recognition under the percentage-of-completion method and other approaches required by contract structures, including over/under-billing analysis.
  • Reconcile project management and enterprise resource planning data each month and resolve variances ahead of monthly project reviews, helping surface margin and cash flow risks.
  • Prepare for and respond to external audit requests.
  • Standardize, document, and improve project accounting processes and controls, including integration with artificial-intelligence-enabled workflows.

Desired Qualifications

  • Experience in EPC or construction project accounting and working knowledge of job costing, work-in-progress, percentage-of-completion revenue recognition, over/under billings, and change orders are strongly preferred.

About the Company

DESRI

Develops, owns, operates utility-scale renewables

DESRI (D. E. Shaw Renewable Investments) develops, owns, and operates utility-scale solar, wind, and battery storage projects across the United States. It acquires or leases land near electrical infrastructure and favorable construction sites, then partners with developers to bring projects through development, construction, financing, and long-term operations. Its revenue comes from selling the clean energy produced by its projects, often supported by Power Purchase Agreements (PPAs) that provide stable, long-term income. DESRI differentiates itself with a broad, multi-state portfolio (over 6 GW in 25 states) and a model of enduring ownership and value creation across the entire project life cycle, frequently collaborating with solar and wind developers to secure PPAs and advance projects to completion. The company aims to expand clean energy capacity and deliver reliable renewable power at scale to utilities and customers, supporting a sustainable energy future.

Company size
11-50
Company stage
N/A
Total funding
$529M
Headquarters
New York City, New York
Founded
2010

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