Industrial Trainee - Tax

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 gigawatts of contracted capacity across a portfolio of over 70 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’re looking for a resourceful candidate to join our DESRI group based in the firm’s office in Hyderabad. The candidate will be part of DESRI’s Tax Function and will regularly interact with U.S. and Hyderabad-based teams, as well as external parties.

What you'll do

In this role, you’ll primarily manage indirect tax (property and sales & use tax) compliance for existing and new renewable projects located across multiple states in the U.S. and corporate entities. You will also be expected to assist the tax team in indirect tax modeling and various forms of accounting, management, and investor reporting, including partnership accounting, hypothetical liquidation at book value (HLBV) modeling, yield tracking, and budget versus actual analysis. To perform this role, you’ll 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. You’ll be responsible for initiating periodic state tax payments and address tax notices. In addition to this, you’ll work on initiatives related to establishing, standardizing, optimizing and documenting tax processes, workflows and controls.

Qualifications
Basic Qualification:

  • Eligible for Industrial Training as per ICAI rules and targeting to appear for CA Final exams anytime in 2027 or later

  • Candidates should possess exceptional attention to detail and the ability to take initiative with limited direction and guidance

  • Candidates should possess excellent written and spoken communication skills, and an ability to work independently with limited direction and guidance

Preferred Experience: - Experience in Taxation (direct or indirect)

Finance

Hybrid (Hyderabad, Telangana, IN)

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