Senior Manager - Treasury

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

Key Responsibilities:

1. Fund Raising & Capital Management

• Lead debt raising activities.
• Develop relationships with banks, financial institutions, NBFCs, DFIs, multilateral agencies, and export credit agencies.
• Evaluate financing structures, pricing, tenor, covenant packages, and security requirements.
• Drive refinancing and repricing opportunities to optimize borrowing costs.
• Support strategic funding initiatives aligned with business expansion and capital allocation plans. 

2. Banking & Lender Relationship Management

• Act as the central point of contact for all banking and lender relationships.
• Build and maintain long-term relationships with domestic and international lenders.
• Conduct periodic lender reviews and portfolio discussions.
• Manage consortium, multiple banking, and syndicated lending relationships.
• Support management interactions with lenders, investors, analysts, and financial institutions.
• Ensure high responsiveness to lender requirements and information requests.

3. Covenant Monitoring & Compliance

• Establish and maintain a robust covenant monitoring framework across all financing facilities.
• Review financing agreements and identify covenant obligations and compliance requirements.
• Provide early warning alerts on potential covenant breaches and recommend mitigation strategies.
• Ensure timely submission of compliance certificates and lender reports.

4. Lender Reporting & Information Management

• Lead preparation of periodic lender reporting packages and financial updates.
• Manage lender data rooms and information repositories.
• Ensure consistency, accuracy, and confidentiality of information shared with external stakeholders.

5. Documentation & Transaction Execution

• Lead end-to-end execution of financing transactions from sanction to disbursement.
• Coordinate with legal teams, lenders, trustees, and advisors.
• Negotiate and close transaction documents in consultation with management and legal teams.
• Monitor Conditions Precedent (CP) and Conditions Subsequent (CS) for timely compliance.

6. Security Creation & Charge Management

• Oversee creation, perfection, modification, and release of securities in line with financing agreements.
• Coordinate with Legal and Secretarial teams for
• Ensure compliance with all lender security requirements and timelines.

7. Debt Portfolio & Treasury Analytics

• Monitor debt portfolio performance and funding utilization.
• Develop treasury dashboards covering
• Evaluate opportunities for debt optimization and liability management.
• Support treasury forecasting and liquidity planning initiatives.

Experience: 8 to 12 Years

Location: Gurugram

Education: CA/Semi CA/Post Graduation- Finance and Accounting