Azure Power - Manager/Senior Manager - Financial Reporting - CA
Azure Power
Gurugram, Haryana, India
Accounting / Auditing
No Hybrid. Completely work from office
Early Joiners Overview
Azure Power is a leading independent renewable energy producer with a pan- Indian portfolio of almost 4GW. With its in-house engineering, procurement, and construction expertise and advanced in house operations and maintenance capability, Azure Power provides low-cost and reliable clean power solutions to customers throughout India.
It has developed, constructed, and operated projects of varying sizes since its inception in 2008. We are targeting to triple the size of the business within the next 5 years. This will entail working on projects with advanced designs and multiple technologies such as solar, wind, battery, and grids.
Azure targets to build its new pipeline of assets both organically and inorganically. We are looking for experienced enthusiastic candidates to join the journey.
Position: Manager - Financial Reporting
Location: Gurugram
Reporting to: Head - Financial Reporting
Role Overview
- As Manager /Sr Manager - Financial Reporting, you will lead financial reporting and statutory audits for a dynamic portfolio of renewable energy assets. You will manage the preparation and consolidation of financial statements across multiple entities in compliance with IND AS, US GAAP, and IFRS. This role requires a strong understanding of the unique financial, regulatory, and technical dynamics of the renewable energy sector.
- You will work closely with internal teams and external auditors, playing a key role in ensuring transparency, accuracy, and compliance as Azure Power continues its rapid growth and project diversification.
Statutory Audit Leadership:
- Lead and manage statutory audits across multiple renewable energy entities
- Coordinate with external auditors, regulatory bodies, and internal departments to ensure timely and compliant audit closures.
- Lead and mentor a team of 10+ finance professionals, fostering capability development in renewable energy accounting and reporting.
- Ensure accurate and timely preparation of standalone and consolidated financial statements.
- Conduct trend analysis on financial performance and key account balances.
- Manage quarterly, annual, and ad hoc reporting requirements-especially those tied to capital markets, green bonds, or project finance.
- Ensure compliance with IND AS, US GAAP, and IFRS in all financial reporting.
- Handle complex accounting areas, including held-for-sale assets, deferred tax under IND AS and US GAAP, intercompany transactions, etc.
- Review audit schedules and key disclosures, including AR, AP, Revenue, Loans, Interest, NCI, FCTR, Deferred Tax, and other GAAP adjustments.
- Review internal policies, procedures, and financial systems to identify risk areas.
- Recommend and implement control measures to mitigate identified risks.
- Drive and support financial statement automation initiatives.
- Experience working in an SAP environment is essential.
- Chartered Accountant (CA) with 8+ years of post-qualification experience in financial reporting, preferably in the energy or infrastructure sector.
- Strong technical knowledge in Indian Accounting Standards (IND AS) and US GAAP.
- Prior exposure to accounting and reporting in the renewable energy sector (solar, wind, hybrid) is highly preferred.
- Hands-on experience with SAP and financial reporting automation tools.
- Proven ability to lead cross-functional teams in a fast-paced, growth-oriented environment.
- Strong analytical, communication, and stakeholder management skills.
About the company
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Azure Power is a leading independent sustainable energy solutions provider, and power producer in India. We build and operate some of the largest grid-scale renewable energy projects in the country, and supply the generated power to government utilities, and independent industrial & commercial customers on long-term fixed price contracts.
We developed India’s first private utility scale solar project in 2009. Since then, Azure Power has grown rapidly to become the leader in developing and operating renewable power plants in India. We have a pan-India portfolio of over 4.1 GWs*, with over 3 GWs of operational capacity and ~1.1 GWs of capacity under construction and in the pipeline. Our 600 MW solar power project in Bikaner, Rajasthan is the largest owned and operated single site solar power project by any developer in India. By entering the market first and growing in-line with the broader Indian renewable energy opportunities, we have developed significant operational expertise and regional knowledge, allowing us to achieve an unmatched track record of delivering high quality projects.