He is a Fellow Member of the Institute of Cost Accountants of India (ICMAI) with almost 30 years of post-qualification experience. He is also a Chartered Financial Analyst and has completed CGMA from Chartered Institute of Management Accountants, UK.
Shri Parthajit De began his career in NHPC as Trainee Officer (Finance) in November, 1998 and during his professional career spanning more than 27 years in NHPC, he has acquired extensive expertise across the core domains of Finance, including Corporate Accounts, Taxation, Trusts and Contracts. His wide-ranging experience covers a deep understanding of Indian Accounting Standards, Taxation, Tariff Regulations and Corporate Governance, which are crucial in the planning, development and operation of power projects.
He has a fine blend of experience both at Project sites and at Corporate Office. His journey with NHPC started at Rangit Project, Sikkim, and thereafter he served at Teesta Low Dam Projects, West Bengal, Siang Basin Projects, Arunachal Pradesh and at Rural Roads Project, Bihar, where he played vital roles including capitalization of projects, setting up financial systems in new projects, etc. At Corporate Office, he headed the Committee for first time adoption of Ind AS in 2016-17.
During his tenure as head of Corporate Accounts & Policy, the Financial Statements of NHPC received NIL Comments from the C&AG for nine consecutive years (2016-17 to date) and secured the Silver Shield for Excellence in Financial Reporting in 2019-20, the Gold Shield in 2020-21 from the Institute of Chartered Accountants of India and Gold Medal for Best Presented Annual Report from South Asian Federation of Accountants in 2020-21. He has deep understanding of Financial Systems and was instrumental in revision and updation of Finance Manuals of NHPC in 2022 besides creating value for the Company through his in-depth knowledge of Tariff Regulations and Accounting Standards.
As a veteran Finance professional, he is uniquely positioned to put in place processes and systems that reduce risk, ensure business growth, optimize utilization of resources and inculcate sustainable practices, integrity, compliance and transparency.