Job Description
About Business
JOB DESCRIPTION
Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world-class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large-scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG-rated businesses, it is the only Infrastructure Investment Grade issuer in India.
Adani Energy Solutions Limited: Adani Energy Solutions Limited (AESL) is a leading player in India's power transmission and energy infrastructure sector, enabling seamless and efficient energy flow across the nation. With a strong presence in both operational and under-construction projects, AESL manages over 20,000 circuit kilometers of transmission lines and substations. As a part of the Adani Group, AESL is driven by the philosophy of #GrowthWithGoodness, aiming to build a sustainable and resilient energy future. Through digital innovation, smart grid deployment, and a commitment to ESG excellence, AESL plays a vital role in strengthening India's energy security and powering inclusive growth.
Job Purpose: 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.
Responsibilities
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
Qualifications
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.
