JOB DESCRIPTION – 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
Good 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

📌 Chartered Accountant (Mumbai)
🏢 Vefes
📍 Mumbai