Analyst/Senior Analyst - Accounting Policy

About DESRI

DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 11 gigawatts of contracted capacity across a portfolio of over 70 renewable energy projects in 24 states. DESRI is run by a dynamic team with offices located at New York, Denver, and Hyderabad (India).

About the role

What youll do

The candidate will prepare accounting memorandums for assessment of various transactions undertaken including project acquisitions, funding re-sizings, equity-based transactions, equity method investments, project sales and reorganizations. These assessments could involve business combinations, leases, revenue recognition, debt classification, embedded derivatives, consolidation, debt modification vs extinguishment, transactions between entities under common control, joint ventures, share-based payments, transfers and servicing of financial assets and sale-leasebacks.

The candidate will analyze new and proposed accounting standards to determine the impact on the company. This will also include periodic review of the company s current accounting policies and assisting with accounting initiatives or special projects.

The candidate will work cross-functionally with other groups to foresee potential accounting issues and recommend practical solutions associated with contemplated business transactions. This will require monitoring business activities, ensure timely identification of accounting and financial reporting matters and prepare high quality accounting memorandums for management and external auditors.

Qualifications

• The candidate should be a Chartered Accountant (CA) / U.S. Certified Public Accountant (CPA) with 0 - 2 years of Big 4 public accounting experience in audit / accounting advisory practice, who can work independently with limited direction and guidance.
  
• The candidate should have a sound understanding of GAAP in general and preferably US GAAP and FASB codification and pronouncements as well as the ability to clearly and concisely document and effectively communicate complex accounting and reporting issues to finance and non-finance personnel.
  
• Experience in the Energy, Real Estate, or Financial Services sector would be an advantage. Highly effective written and spoken communication skills are required, along with strong interpersonal skills.