GM Accounts - Renewable Energy

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 / Sr. 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 18+ 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.