Manager - Business Finance

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

Project related work, as follows:

- PO Release and tracking for multiple Amendments in POs
- Solutions of routine problems of SCM & Project Site
- Project Cost and Margin Tracking - Billing, Payments, Open PO, GRN
- Updation of project workings for Debt, Equity, LC, BG, Payments, Actual Cost incurred, IDC working, LE , PPA overview Monthly PPT of Project cost 
- Preparation of the project margin working in prescribed format
- Project Cost Certificate for Debt Funding (Source & Utilisation)
- PARN vs RBN vs Project cost tracking along with MIS updation
- Tracking of LC opened for project (LC required in projects, LC opened, opened from equity or debt or CL)
- Tracking Pending GRN/ SE for cost booking and ensure 100% EPC billing 
- Capex phasing Actual + forecast 
- Review and settlement of Advances / Creditors and Provisions
- Project Capitalisation
- Audit matters of respective project
- Left over material status and Scrap on project COD
- Bi-monthly site visit
- Risk and Opportunities

Project Related Work Common Project work

- Note For Approval and Negotiations
- PO/Release/De release in SAP
- Validation of CAPEX Budget controlling -Uploading and Movement, Addition/Reduction in SAP
- Audit Matters
- Commissioned Projects queries (DD, NA etc.)
- Review and clearance of project margin from tax team

MIS Related Work

- Project Commissioning Schedule
- Project PARN, RBN and EPC agreement Status
- MIS for Project wise- PARN Vs RBN Vs LE
- MIS for Project wise Equity required, infused, used, balance
- MIS for Project wise Margin
- Co- Ordination with all cross functions
- Debt/Equity / Over eq Status