Website DB Corp Ltd.
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.
To apply for this job please visit www.iimjobs.com.
Applying? Get your resume ready first: build or download your TCI resume.
