DESRI is Hiring for Analyst

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Job Details

  1. Company: DESRI (D. E. Shaw Renewable Investments)
  2. Job Position: Analyst / Senior Analyst – EPC Controlling
  3. Location: Hyderabad, India
  4. Experience: 1–3 Years (Post-Qualification)
  5. Qualification: Chartered Accountant (CA), U.S. Certified Public Accountant (CPA), or MBA in Finance
  6. Salary: Not Disclosed (Estimated salary to be researched)
  7. Job Type: Not Specified
  8. Department: Finance

Job Overview

DESRI is hiring an Analyst / Senior Analyst – EPC Controlling for its Hyderabad office. The selected candidate will support project accounting and financial controlling for large-scale solar and Battery Energy Storage System (BESS) construction projects across the United States. Responsibilities include preparing project financial reports, monitoring costs, forecasting project margins, managing billing activities, and supporting revenue recognition. Candidates will work closely with US-based project managers and finance leaders while improving accounting processes and controls.

Key Responsibilities

  1. Prepare and maintain project profit and loss (P&L) statements.
  2. Prepare monthly Work-in-Progress (WIP) reports.
  3. Develop project cost forecasts and cash flow projections.
  4. Coordinate with US-based project managers and finance leaders.
  5. Allocate labour and equipment costs to different projects weekly.
  6. Review project cost reports and verify cost allocations.
  7. Track subcontractor and owner change orders.
  8. Monitor change orders from initiation through approval and billing.
  9. Forecast project margins, including cost-plus projects.
  10. Prepare owner billings and lien waivers.
  11. Record and track owner payments.
  12. Support revenue recognition using the percentage-of-completion method.
  13. Analyse over-billing and under-billing positions.
  14. Reconcile project management and ERP data every month.
  15. Investigate and resolve financial reporting variances.
  16. Identify project margin and cash flow risks.
  17. Prepare documentation and respond to external audit requests.
  18. Standardise and improve project accounting processes and controls.
  19. Support the integration of AI-enabled accounting workflows.
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Eligibility Criteria

  1. Candidates must hold a Chartered Accountant (CA), US Certified Public Accountant (CPA), or MBA in Finance qualification.
  2. Applicants should have 1–3 years of post-qualification experience in accounting or finance.
  3. Experience in month-end closing activities is required.
  4. Candidates should have knowledge of financial reporting.
  5. Experience in EPC or construction project accounting is strongly preferred.
  6. Understanding of job costing and WIP reporting is beneficial.
  7. Knowledge of percentage-of-completion revenue recognition is preferred.
  8. Candidates should understand over-billing, under-billing, and change order processes.
  9. Applicants must have excellent written and verbal communication skills.
  10. Strong attention to detail and the ability to work independently are essential.

Required Skills

  1. Project accounting and financial reporting.
  2. Project cost management and job costing.
  3. Work-in-Progress (WIP) reporting.
  4. Project profit and loss analysis.
  5. Revenue recognition and billing analysis.
  6. Cash flow forecasting.
  7. Financial reconciliation and variance analysis.
  8. Month-end closing procedures.
  9. ERP systems and financial tools.
  10. External audit coordination.
  11. Analytical and problem-solving abilities.
  12. Strong communication and teamwork.
  13. Process documentation and improvement.
  14. Understanding of EPC and construction finance.
  15. Interest in AI-enabled accounting workflows.

Why Join DESRI?

  1. Opportunity to work with a leading renewable energy investment company.
  2. Gain exposure to large-scale solar and battery storage projects.
  3. Work with international finance and project management teams.
  4. Develop expertise in EPC project accounting.
  5. Gain experience in US-based financial operations.
  6. Work in a collaborative and highly skilled team.
  7. Contribute to financial process improvements and AI-enabled workflows.
  8. Build knowledge of project cost management and revenue recognition.

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