DGM- Project Commercials & Cost Controller

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 Title : Deputy General Manager (DGM) – Project Commercials and Cost Controls

Job Location : 

Gurugram with Travel Requirements

Reporting To : 
Head PMO

Role Overview

DGM – Project Commercials and Cost Controls will oversee the commercial, financial, and cost management aspects of renewable energy projects (solar, wind, or hybrid). The role involves ensuring projects are delivered on budget, identifying cost-saving opportunities, and ensuring commercial compliance while maintaining high standards of efficiency and accountability.

Key Responsibilities : 

1. Project Cost Controls
Develop and manage project budgets and forecasts, ensuring alignment with organizational objectives.
Monitor and control costs throughout the project lifecycle to prevent overruns.
Implement effective cost reporting systems and provide regular updates to senior management.
Identify opportunities for cost optimization and value engineering.

2. Commercial Management

Work closely with cross functional stakeholders to ensure project commercial risks and opportunities are closely monitored and mitigated / exploited.
Be astute in project cost management through the life cycle of the projects from development, bid, execution and closure phases.
Collaborate with finance teams to capture risks and opportunities arising out of tax implications, duties, and compliance requirements.

3. Procurement & Vendor Management

Work closely with the procurement team to support on vendor contracts and agreements.
Build a portfolio view to ensure delivery on vendor performance with contractual obligations and project timelines.

4. Risk Management

Identify various categories of project & portfolio risks and propose mitigation strategies.
Ensure compliance with statutory, regulatory, and financial reporting requirements.
Monitor and mitigate cost risks through structured cost control mechanisms.

5. Stakeholder Coordination

Act as the interface between the projects, finance, legal, and procurement teams for all commercial matters.
Support the project execution team in financial decision-making, when required.
Prepare detailed project cost reports and presentations for stakeholders.
Key Qualifications

Education:
Bachelor’s degree in Engineering (preferably Civil, Electrical, or Mechanical).
MBA in Finance/Project Management or equivalent will be preferred.
Professional certifications like PMP or CCP (Certified Cost Professional) are advantageous.
Experience:
Minimum 10–15 years of experience in project commercials and cost control, with at least 5 years in the renewable energy sector.
Proven track record in managing large-scale renewable energy projects, including solar, wind, and hybrid projects.
Experience in contract negotiation, vendor management, and financial modeling.
Key Competencies & Skills

Strong knowledge of project cost control tools and methodologies.
Expertise in contract drafting, evaluation, and management.
Excellent analytical, negotiation, and problem-solving skills.
Familiarity with ERP systems (e.g., SAP, Oracle) and project management tools.
Strong understanding of renewable energy project economics, financial modeling, and regulatory frameworks.
Excellent communication and stakeholder management skills.