Accounts & Commercial

Purpose/Objective

The Accounts Manager-Tx is responsible for managing financial and accounting activities for assigned site projects, ensuring accurate tracking, reporting, and compliance with regulatory standards. This role is crucial for optimizing project budgets and supporting strategic objectives by coordinating with cross-functional teams, maintaining precise financial records, assisting with audits, and delivering timely insights that inform decision-making and contribute to project success.

Key Responsibilities of Role

Accounts Manager-Tx Project Management: Ensure accurate expense tracking and reporting by managing daily expense bookings in SAP, maximizing the use of BI as a decision-support tool, and supporting budget preparation for effective project cost management. Assist in project budget management by preparing and reconciling the Service Budget in BPC with SAP, ensuring quality and consistency in financial data across tools, and supporting project budget planning and variance analysis in MIS. Compliance Management: Support regulatory and audit compliance by assisting with statutory, cost, VAT, and tax audits, ensuring timely submissions, and adhering to the financial reporting requirements of CERC, MERC, and other authorities. Ensure compliance with regulatory mandates by obtaining necessary CA/auditor certificates for disbursement and regulatory purposes, supporting sustainability reporting, and maintaining compliance documentation per Legatrix requirements. Liaison and Stakeholder Management: Coordinate with internal and external stakeholders by assisting in financial closure activities, supporting the capitalization of new projects upon COD, and reconciling project vendor accounts for smooth financial workflows. Facilitate effective financial communication by preparing weekly payment MIS for all SPVs, liaising with auditors and external consultants, and collaborating with project teams to ensure alignment on budgetary and compliance matters. Financial Management: Monitor project financial health by tracking expenses against approved budgets, overseeing cash flow, and implementing cost control measures to ensure project financial efficiency. Ensure timely financial processing by preparing and reconciling financial data in BI and SAP, processing vendor payments, and managing provisional entries, JV corrections, and other closing activities to meet financial timelines. Risk Management: Reduce financial discrepancies by implementing regular audits of project expenses, ensuring accurate tracking, and conducting timely reconciliations to identify and address inconsistencies. Minimize regulatory risks by ensuring all financial records and documentation adhere to statutory requirements, supporting compliance with CERC, MERC, and other relevant authorities. Technology Integration and Innovation: Enhance financial reporting accuracy and decision-making by leveraging SAP and BI tools to automate expense tracking, generate real-time insights, and facilitate data-driven budget adjustments. Streamline vendor payment processes by integrating SAP workflows with BI analytics, reducing processing time, and ensuring alignment with project timelines and budgetary constraints. Key Stakeholders - Internal Finance & Accounts Internal Audit Department All departments of AESL ABEX Key Stakeholders - External Statutory / External Auditor Banks

Technical Competencies

Budgeting & Cost Adherence-PRJ,Data Management & Reporting-ENERGY,Liaison Management-ENERGY,Project Management-ENERGY,Quality Management-PRJ,Regulatory Compliance-PPC-PRJ,Risk Management-ENERGY,Technology Integration and Innovation-ENERGY

Qualifications and Experience

Educational Qualification: Bachelor’s degree in Accounting, Finance, or a related field. Work Experience (Range of years): 5-8 years of relevant experience in project accounting, financial management, or a similar role. Proficiency in SAP FICO, Project Systems (PS) module, BI/BOC tools, and advanced Excel. Strong foundational knowledge of taxation and financial regulations. Demonstrated experience with financial reporting, budgeting, and audit support. Familiarity with compliance requirements specific to the energy sector is preferred.