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

Fund Raising :

• Working capital Debt raising from Banks/Financial Institutions 
• Working Capital Management
• Reach out to potential lenders - Banks, NBFCs and other Financial Institutions.
• Knowledge of trade Products viz LC/BG/SBLC and its management.
• Term sheet negotiation with Banks / Financial Institutions
• Loan Documentation, Security Creation and Disbursement Conditions Coordinating with Banks/FIs/Trustees/Legal Counsels for execution.
• Servicing of Debt Facilities: Coordinating with internal team for timely repayment of debt
• Resolving any issues that may arise in debt servicing.
• Compliance: Sharing information with lender partners and trustees for monthly, quarterly, half-yearly and yearly compliances.
• Monitoring of covenants of Banks and ensuring compliance of requirements of Banks (viz Stock statement, USFE, Half Yearly submission etc).  

Functional Competency :

• In depth understanding of Business Models, understand ratios, able to map commercial Tenders with Business models, Have exposure of multi-locational cash flow
• Good Excel and Power Point skills
• Submission and review of Key MIS covering all the deliverables at monthly level
• Preparing and Analyzing of Cash flow Projections.
• Guiding operations team for transaction processing.
• Coordinate and understand the requirements of Business and accordingly plan for Cash flow.
• CMA preparation, MIS, Ratio analysis, Cost Benefit analysis, Budget analysis etc.
• SAP knowledge.