– CHARTERED ACCOUNTANT (CA)

Company: Vefes Engineering Pvt. Ltd.

Location: Mumbai

Department: Finance & Accounts / Project Finance

Industry: Solar EPC / Renewable Energy

Experience: 4–8 Years

Qualification: Chartered Accountant (CA)

Employment Type: Full-Time

About the Role

We are looking for a Chartered Accountant (CA) with strong experience in Project Finance, FP&A;, Financial Modelling, MIS, Cost Control and Commercial Finance to join our Solar EPC business.

The candidate will be responsible for evaluating the financial viability of solar projects, managing project-wise financial performance, cash flows, budgets, working capital and management reporting.

Key Responsibilities

1. Project Finance & Financial Modelling

- Prepare and review financial models for solar EPC and renewable-energy projects.
- Evaluate project CAPEX, OPEX, ROI, IRR, payback period and project profitability.
- Prepare project-wise cash-flow projections and funding requirements.
- Evaluate project financing requirements and coordinate with banks/financial institutions.
- Analyse commercial feasibility of new solar projects and business opportunities.

2. FP&A; and Management Reporting

- Prepare monthly MIS, P&L; analysis and management dashboards.
- Conduct Budget vs. Actual analysis and identify major variances.
- Prepare project-wise profitability and performance reports.
- Provide financial insights to management for strategic decision-making.
- Support annual budgeting, forecasting and long-term financial planning.

3. Project Cost & Commercial Control

- Monitor project CAPEX/OPEX against approved budgets.




- Analyse procurement and vendor commercial proposals.
- Review project costing and identify opportunities for cost optimization.
- Monitor project-wise margins, cost overruns and commercial leakages.
- Coordinate with Project, Procurement and Operations teams for financial control.

4. Working Capital & Cash Flow Management

- Monitor project-wise receivables, payables and cash flows.
- Prepare cash-flow forecasts and payment plans.
- Monitor customer outstanding and collection schedules.
- Ensure adequate working capital availability for ongoing projects.
- Identify bottlenecks affecting the working-capital cycle.

5. Accounting, Tax & Compliance

- Oversee accounting and financial closing activities.
- Review ledger scrutiny, provisions and financial statements.
- Ensure compliance with GST, TDS, Income Tax and applicable statutory requirements.
- Coordinate with statutory, internal and tax auditors.
- Ensure proper accounting of CAPEX, CWIP, project costs and fixed assets.
- Support Ind AS / applicable accounting requirements.

6. Solar Industry Commercial Finance The candidate should develop an understanding of:

- Solar EPC project economics
- Rooftop and ground-mounted solar projects
- CAPEX and OPEX structures




- PPA-based projects
- Open Access / Group Captive models
- Solar project revenue and billing
- Project financing
- Solar generation and tariff assumptions
- O&M; cost and long-term project economics

Required Skills

- Strong Financial Modelling and Advanced Excel skills
- Strong understanding of Project Finance and FP&A;
- Excellent knowledge of Accounting and Financial Reporting
- Strong analytical and commercial acumen
- Budgeting and variance analysis
- Cash-flow and working-capital management
- Cost control and profitability analysis
- Strong MIS and management reporting skills
- Knowledge of Tally / SAP / ERP systems
- Positive communication and stakeholder-management skills

Qualification & Experience

Mandatory: Chartered Accountant (CA)

Experience: 4–8 years post-qualification experience in any of the following:

- Solar / Renewable Energy
- EPC / Infrastructure
- Manufacturing
- Project Finance
- FP&A; / Business Finance
- Strategic Finance

Preferred: Candidates with hands-on experience in solar project financial modelling, CAPEX evaluation, project financing, ROI/IRR analysis and commercial finance.

Key Performance Indicators (KPIs)

- Project-wise profitability and margin control
- Accuracy and timeliness of MIS
- Budget vs. Actual variance control
- Project cash-flow management
- Working-capital optimization
- Cost reduction and commercial leakage control
- Timely statutory compliance and financial closure
- Quality of project financial models
- Financial evaluation of new projects

📌 accountant (Mumbai)
🏢 Vefes
📍 Mumbai