Accountant

Vefes · Mumbai, India

JOB DESCRIPTION – CHARTERED ACCOUNTANT (CA)

Company: Vefes Engineering Pvt. Ltd.

Location: Mumbai

Department: Finance & Accounts / Project Finance

Industry: Solar EPC / Renewable Energy

Experience: 4–8 Years

Qualification: Chartered Accountant (CA)

Employment Type: Full-Time

About the Role

We are looking for a Chartered Accountant (CA) with strong experience in Project Finance, FP&A, Financial Modelling, MIS, Cost Control and Commercial Finance to join our Solar EPC business.

The candidate will be responsible for evaluating the financial viability of solar projects, managing project-wise financial performance, cash flows, budgets, working capital and management reporting.

Key Responsibilities

1. Project Finance & Financial Modelling Prepare and review financial models for solar EPC and renewable-energy projects . Evaluate project CAPEX, OPEX, ROI, IRR, payback period and project profitability . Prepare project-wise cash-flow projections and funding requirements . Evaluate project financing requirements and coordinate with banks/financial institutions. Analyse commercial feasibility of new solar projects and business opportunities.

2. FP&A and Management Reporting Prepare monthly MIS, P&L analysis and management dashboards . Conduct Budget vs. Actual analysis and identify major variances. Prepare project-wise profitability and performance reports. Provide financial insights to management for strategic decision-making. Support annual budgeting, forecasting and long-term financial planning.

3. Project Cost & Commercial Control Monitor project CAPEX/OPEX against approved budgets . Analyse procurement and vendor commercial proposals. Review project costing and identify opportunities for cost optimization. Monitor project-wise margins, cost overruns and commercial leakages. Coordinate with Project, Procurement and Operations teams for financial control.

4. Working Capital & Cash Flow Management Monitor project-wise receivables, payables and cash flows . Prepare cash-flow forecasts and payment plans. Monitor customer outstanding and collection schedules. Ensure adequate working capital availability for ongoing projects. Identify bottlenecks affecting the working-capital cycle.

5. Accounting, Tax & Compliance Oversee accounting and financial closing activities. Review ledger scrutiny, provisions and financial statements. Ensure compliance with GST, TDS, Income Tax and applicable statutory requirements . Coordinate with statutory, internal and tax auditors. Ensure proper accounting of CAPEX, CWIP, project costs and fixed assets . Support Ind AS / applicable accounting requirements.

6. Solar Industry Commercial Finance

The candidate should develop an understanding of:

Required Skills Strong Financial Modelling and Advanced Excel skills Strong understanding of Project Finance and FP&A Excellent knowledge of Accounting and Financial Reporting Strong analytical and commercial acumen Budgeting and variance analysis Cash-flow and working-capital management Cost control and profitability analysis Strong MIS and management reporting skills Knowledge of Tally / SAP / ERP systems Good communication and stakeholder-management skills

Qualification & Experience

Mandatory: Chartered Accountant (CA)

Experience: 4–8 years post-qualification experience in any of the following: Solar / Renewable Energy EPC / Infrastructure Manufacturing Project Finance FP&A / Business Finance Strategic Finance

Preferred: Candidates with hands-on experience in solar project financial modelling, CAPEX evaluation, project financing, ROI/IRR analysis and commercial finance .

Key Performance Indicators (KPIs) Project-wise profitability and margin control Accuracy and timeliness of MIS Budget vs. Actual variance control Project cash-flow management Working-capital optimization Cost reduction and commercial leakage control Timely statutory compliance and financial closure Quality of project financial models Financial evaluation of new projects