Deputy Manager - Banking

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Job Responsibilities:

Treasury Operations

• Manage day-to-day Investment transactions including Fixed deposit/Mutual Funds, and bank reconciliations.
• Monitor cash flows and Investable funds on daily basis and across projects and business units.
• Invest additional funds on daily basis as per bank/AMC TAT.
• Coordinate with banks for timely Investment of all funds.
• Prepare and monitor Debt MIS on daily basis.
• Ensure Timely Debt servicing/Repayment of ECB/NCD with bank follow up.
• Ensure timely submission of banking documents and compliance requirements.

Treasury Management

• Assist in funding for Payments.
• Monitor loan repayments, interest servicing, and covenant compliance.
• Track utilization of project finance facilities and debt drawdowns.
• Support treasury activities related to investments, FD placements, and liquidity planning.

Compliance & Reporting

• Prepare monthly banking and treasury MIS reports.
• Prepare monthly debt servicing reports
• Facilitate statutory, internal, and lender audits and SOX compliances.
• Ensure compliance with RBI guidelines, banking regulations, and company policies.
• Maintain proper documentation of all banking transactions and agreements.

Stakeholder Management

• Build and maintain relationships with banks, financial institutions, and internal stakeholders.
• Coordinate with accounts, tax, legal, and project teams for smooth financial operations.

Education Qualifications: MBA Finance / M.Com / B.Com with relevant experience.

Experience: 5-7 years of experience in Banking Operations, Treasury, or Finance.

Location: Gurugram