500 MW Wind-Solar Project in Karnataka
Udapudi Solar Park
150 MW Project in Maharashtra
150 MW Hybrid Project in Tamil Nadu
Finance Manager (CA) – Renewables

Department :

Finance & Accounts

Location :

Bengaluru, Karnataka

Experience :

2-5 years

CTC :

As per industry standards

Job Summary:

The Finance Manager will be instrumental in evaluating the financial viability of new renewable energy projects, conducting in-depth financial modeling, and performing rigorous IRR (Internal Rate of Return) analysis. This role requires a Chartered Accountant with direct experience in the renewable energy sector, capable of providing critical financial insights to support project development, investment decisions, and capital raising initiatives.

Qualifications:

  1. Qualified Chartered Accountant (CA) is mandatory.
  2. B. Com/ BBA in Commerce, Accounting, or Finance.
  3. 2-5 years of post-qualification experience directly in project finance, financial modeling, or FP&A roles within the renewable energy, power, or infrastructure sectors.
  4. Demonstrated expertise in building robust financial models from scratch and performing advanced IRR, NPV, and other project finance-specific analyses is essential.
  5. Strong understanding of the renewable energy project lifecycle, revenue streams (e.g., PPAs, REC), and cost drivers.
  6. Proficiency in financial software and advanced Excel modeling.
  7. In-depth knowledge of Indian accounting standards (Ind AS) and relevant tax implications for project finance.
  8. Excellent analytical, strategic thinking, and problem-solving skills with meticulous attention to detail.
  9. Strong communication (written and verbal) and presentation skills, with the ability to articulate complex financial concepts to diverse audiences.

Key Responsibilities:

  • Financial Modeling & Project Valuation:
    • Develop, maintain, and update comprehensive financial models for prospective solar and wind power projects (Greenfield/Brownfield) from scratch.
    • Conduct in-depth valuation analysis using various methodologies, with a strong focus on IRR (Internal Rate of Return), Equity IRR, NPV (Net Present Value), DSCR (Debt Service Coverage Ratio), LLCR (Loan Life Coverage Ratio), and other key project finance metrics.
    • Perform sensitivity and scenario analysis to assess project risks and potential returns under various assumptions.
  • Project Feasibility & Due Diligence:
    • Evaluate the financial feasibility of new renewable energy projects, considering market dynamics, regulatory frameworks, technology specifics, and cost structures.
    • Support financial due diligence processes for project acquisitions, investments, or financing, working closely with legal, technical, and commercial teams.
    • Analyze project contracts (PPAs, EPC, O&M) for their financial implications and risk allocation.
  • Financial Structuring & Capital Raising Support:
    • Assist in structuring project financing deals (debt, equity, mezzanine) for solar and wind projects.
    • Prepare detailed financial presentations and information memorandums for lenders, investors, and internal stakeholders.
    • Support discussions and negotiations with financial institutions and equity partners.
  • Budgeting & Forecasting (Project Specific):
    • Collaborate with Project Managers and engineering teams to develop project-specific budgets and financial forecasts.
    • Monitor project actual performance against budget and financial model projections, conducting variance analysis.
  • Regulatory & Market Analysis:
    • Keep abreast of regulatory changes, policy developments, and market trends in the renewable energy sector (e.g., tariff policies, bidding guidelines) and assess their financial impact on projects.
  • Cross-functional Collaboration:
    • Work closely with Project Development, Engineering, Legal, and Business Development teams to integrate financial considerations into all stages of the project lifecycle.

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