Head Of Accounting (C.A only)

Job Description

HEAD OF ACCOUNTING Pune, India

About ENGIE

ENGIE group is a global reference in low-carbon energy and services. Together with our 96,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.

About ENGIE India

ENGIE has been active in India for over 1 decade and invested over 1 Bn EUR in India across various sectors and will significantly increase our investments in the country over the coming years. Today our renewable portfolio in India is over 2.3GW with 1.1GW in operations in 7 states and another 1.25GW in various stages of construction, and advanced development. The group CEO has reconfirmed our ambition to develop 1 GW / year starting from next year.

This scale-up environment will catapult our Finance organization in a new age on which the head is expected to contribute.

About the position

Business Line: Renewable

Reporting to: CFO India

Primary Location: Viman Nagar, Pune India

Job Level : TBD

Employee Status:  Permanent

Schedule: Full Time

Purpose of the position

The Head of Accounting is responsible for the accounting of 20+ Corporate entities and Holding Companies (including country Holdco) leading a team of five people to ensure that financial transactions are recorded accurately and in compliance with accounting standards, the preparation of statutory financial statements in compliance with local GAAP / IFRS, providing financial analysis and advice to senior management, group reporting, tax returns in cooperation with the tax team. The Head of Accounting will contribute to the legal / tax / financial structuring of business development activities. Depending on person specification, be able to assist FP&A for specific projects, and provide initial technical advice on IFRS subjects.

Key activities and competencies

1. Strategic
   • Contribute to the legal, tax, and financial structuring of business development activities.
   • Provide initial technical advice on IFRS subjects.

2. Operational
   • Manage the day-to-day operations of the accounting department, including accounts payable, accounts receivable, general ledger, and treasury.
   • Prepare statutory financial statements for group companies and holding entities.
   • Ensure VAT and tax returns are filed on time.
   • Prepare monthly, quarterly, and annual Group reporting.

3. Organisational
   • Ensure that financial transactions are recorded accurately and in compliance with accounting standards.
   • Develop and implement accounting policies and procedures to ensure compliance with regulatory requirements including tax and VAT.
   • Ensure that internal controls are in place and operating effectively.
   • Contribute actively in the transformation of the Finance through Automation, digitalization, process and control.
   • Propose new way of working to improve efficiencies and process

4. Planning & Delivery of Work
   • Provide financial analysis and advice to senior management to support decision-making.
   • Stay up-to-date with changes in accounting standards and regulations.
   • Manage the relationship with external auditors and ensure timely completion of audits.
   • Be responsible for the delivery of work to ensure the right level of quality and timeliness.

5. Working with others
   • Manage and mentor the accounting team to improve their skills and knowledge.
   • Work collaboratively with other departments to achieve company goals and objectives.
6. Tax Compliance

Dimensions of position

• • Staff: 5 direct reports.

Key relationships

• Internal
  • ENGIE INDIA Senior Management Team
  • Project Companies
  • FP&A
  • O&M Companies
  • Tax
  • Business Development
  • Legal
  • Procurement

• External
  • Auditors
  • Tax advisors
  • Tax authorities
  • Project Partners (Non-Engie Shareholders)

Required Qualifications

• Qualifications
  • Qualified Accountant (CA, ACCA, CPA, CIMA) with recognized professional body.

• Experience
  • 10+ years of experience in accounting, with at least 5 years in a managerial role, ideally with Big 4 audit firm background.
  • Experience of working in Corporate HQ, Leading Accounting function of a share service centre and experience of accounting of joint venture companies or similar.
  • Strong analytical reasoning.

• Knowledge and Skills:
  • Strong knowledge of accounting principles, international accounting practices (IFRS) standards, and local tax regulations.
  • Excellent communication, leadership, and team management skills.
  • Experience managing the accounting function in a complex, fast-paced environment.
  • Strong problem-solving and analytical skills.
  • Strong appetite for continuous improvement.
  • Ability to work collaboratively with other departments and stakeholders.
  • Excellent IT and systems skills. Experience with ERP systems (SAP highly preferred). SAP implementation experience is a plus.
  • Advanced proficiency in Microsoft Excel and Microsoft Office.