Key Responsibilities

Lease & Lessor Accounting

• Maintain and reconcile lease schedules for both operating and finance leases.
• Ensure accurate classification of leases under applicable accounting standards.
• Record lease liabilities and right-of-use assets in SAP.
• Monitor lease modifications, renewals, and terminations.
• Handle lessor accounting including recognition of lease income and asset depreciation.

Capitalisation & Decapitalisation of Interest

• Capitalize interest expense on lease-related CWIP assets.
• Decapitalize interest upon asset commissioning or lease termination.
• Record interest income on lease receivables where applicable.
• Ensure correct treatment of interest under Ind AS 23 and Ind AS 116.

CWIP Accounting

• Track lease-related CWIP projects and ensure proper asset tagging.
• Monitor project completion and transfer to fixed assets.
• Reconcile CWIP balances monthly and ensure accurate reporting

SAP Monthly Accounting Entries

• Post monthly lease amortization, interest expense, and depreciation entries.
• Ensure accurate SAP configuration for lease modules.
• Perform monthly reconciliations of lease-related GL accounts.
• Generate and review SAP reports for lease accounting compliance.

Farmer Lease Deed Advances

• Record advances paid to farmers for lease agreements.
• Clear advances upon execution of lease deeds.
• Monitor and reconcile advance accounts regularly.
• Ensure proper documentation and compliance with internal controls.
• Sale Deed Accounting
• Record sale deed transactions including asset disposal and revenue recognition.
• Calculate and post gain/loss on sale of leased assets.
• Ensure compliance with applicable tax and legal requirements.
• Coordinate with legal and operations teams for documentation.

Non-Negotiable Skills and Abilities

• Bachelor’s/master’s degree in accounting, Finance, or related field. CA Semi qualified/ CA Drop Out preferred.
• 3–5 years of experience in lease accounting, preferably in SAP environment.
• Working experience for leazeOn software would be preferred.
• Strong understanding of Ind AS 116, Ind AS 23, and related standards.
  Experience with CWIP and asset accounting.
• Proficiency in SAP FI/AA modules.

Persona

• Strong communication
• Analytical and reconciliation skills
• Team Player
• Detail – Oriented

Education and Experience Required

THE SUNSURE ADVANTAGE

At Sunsure Energy, we wholeheartedly embrace diversity in our workforce and proudly uphold our status as an Equal Opportunity Employer. Our unwavering commitment to nurturing excellence among our employees is evident through our support for a myriad of learning and growth opportunities, as well as the cultivation of entrepreneurial capabilities. Across the year, we intricately weave the Sunsure family fabric through a series of meaningful engagements that fortify the invisible threads binding us together., employee relations, performance management, and training, is beneficial.

About us

Sunsure stands as India’s leading Independent Power Producer, boasting exceptional capabilities in solar and wind technologies. With expertise in utility scale and distributed RE projects, Sunsure caters to commercial and industrial (C&I) clients through open access and behind the meter solutions and leads the nation’s sustainable energy revolution as a premier renewable energy company. Supported by a $400 million investment from Partners Group AG, Sunsure’s growth trajectory is bolstered by strategic partnerships and a commitment to shaping a greener India.

Our mission and vision

We are on a mission to deliver high performing renewable energy assets to meet the green power demand of India’s largest commercial and industrial corporates and in turn lead the charge for creating India’s clean energy powered future. We aim to reach 5 GW of production capacity by 2028 using our expertise in solar, wind and battery storage technologies, and become India’s largest renewable independent power producer.