About DESRI
DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 11.9 gigawatts of contracted capacity across a portfolio of over 80 renewable energy projects in 24 states. DESRI is run by a dynamic team with offices located at New York, Denver, and Hyderabad (India).
About the role
We are looking for a talented candidate to join the India office of DESRI, based in Hyderabad, India. The candidate will be a part of Tax team and will regularly interact with the U.S. and Hyderabad-based teams, as well as external parties. The candidate will be a part of a small, inclusive, highly skilled team responsible for supporting DESRI’s portfolio of wind, solar, and storage projects within a dynamic environment that values collaboration, thoughtful problem solving, and attention to detail.
What you'll do
The candidate is expected to primarily oversee and manage the direct tax function with additional involvement in indirect taxes. This encompasses tax compliance for renewable projects located across multiple states in the U.S., corporate entities and tax planning for transactions effectuated for different power projects within the portfolio. The candidate will be required to liaison cross-functionally to formulate, analyze, monitor and implement strategy, compliance and finance management for direct and indirect taxes. The candidate will be expected to engage in tax modeling and adopt a reviewer role for deliverables relating to accounting, management, and investor reporting, including partnership accounting, hypothetical liquidation at book value (HLBV) modeling, yield tracking, deferred taxation (ASC 740) and budget vs. actual analysis. The candidate will liaise with U.S. and Hyderabad-based deal team members, asset managers, treasury, tax team, external consultants, and tax authorities for various tax related matters. The candidate will also work on initiatives related to establishing, standardizing, optimizing, and documenting tax processes, workflows, and controls will be key.
Qualifications
DESRI is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. As long-term owners, we’re focused on creating value throughout all stages of a project’s life cycle, including development, construction, financing, and operations.
Today, DESRI stands at the forefront of renewable energy, specializing in utility-scale solar, wind, and battery storage projects across the U.S. DESRI is committed to adding value at every project stage, from development to operations. We’ve built a diversified portfolio across 22 states with over 11 GW of generation capacity, enough to power nearly 2 million homes. DESRI has offices in New York City, Denver, and Hyderabad and we have grown to nearly 300 employees globally.
