D. E. Shaw India Private Limited
Location
Secunderabad | India
Job description
The D. E. Shaw group is a global investment and technology development firm with more than $60 billion in investment and committed capital as of December 1, 2023, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies.
D. E. Shaw Renewable Investments ('DESRI') develops, acquires, builds, owns, and operates solar and wind renewable energy generation facilities in the U.S.A. DESRI currently owns, operates, or has an exclusivity agreement or signed purchase and sale agreement in place with respect to more than 9.7 GW+ of solar and wind assets in the U.S. across 70+ projects. DESRI is run by a dynamic team headquartered in New York, but with employees in Boston, Chicago, Minnesota, California, Arizona, Oregon, and Hyderabad (India). We are looking for resourceful candidates to join our DESRI group based in Hyderabad. What You'll Do Day-to-day For Legal Entity Controlling: Maintain the books and records in accordance with U.S. GAAP for the company's renewable energy projects, investment funds, and corporate entities (collectively, the 'Entities') while ensuring adherence to close timelines and control procedures; Prepare Management reports including EBITDA reports, quarterly project forecasted trial balances, conduct budget vs. actual and forecast vs. actual analysis; Prepare, review, and file U.S. GAAP-based financial statements for the Entities; Liaise with auditors and ensure timely closure of external audits, as well as interact with U.S. and Hyderabad-based asset managers, treasury and tax team associates, and external consultants; Review financial information to be included in various regulatory reports, engage in various forms of management and investor reporting, coordinate tax reporting, and furnish investor account statements; Opportunity to work on initiatives related to establishing, standardizing, optimizing, documenting accounting processes, workflows, and controls. For Accounts Payable: Set up new supplier from W9/W8 form in Workday accounting and payment platform; Process supplier invoices in Workday; Responsibilities include capturing all invoices for payment, selecting appropriate payment terms, investigating past due balances, and complying with the company policies and procedures for processing invoices; Liaise closely with colleagues in Hyderabad and U.S. to ensure accurate processing of invoices and related activities. Liaise with suppliers and asset managers to obtain missing invoices, scrutinize invoices, and to resolve queries and vendor payment issues; Update daily, weekly and monthly reports related to AP; Process Supplier Contracts ('SCs') and setup budget SCs in the system; Provide support to the DESRI Asset Management team on the monthly draw payment process; Monthly handling of American Express payments for employees of DESRI; Clean the aging report on monthly basis and work with treasury team to pay all necessary invoices; Initiate payment requests and collaborate with U.S. team/Treasury team to process cash settlement runs and coordinate on the reconciliation process; Identify and pursue opportunities to improve efficiency, timeliness, and control over DESRI's accounts payable activities. Who We're Looking ForJob tags
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