About the organization
ReNew Power Limited is India’s largest renewable energy IPP (Independent Power Producer) with a capacity of over 5,800 MW of wind and solar power assets across the country. It develops, builds, owns and operates utility scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers.
ReNew has a strong track record of organic and inorganic growth having nearly doubled its operational capacity in each of the last three Fiscal Years. ReNew’s broad base of equity investors include Goldman Sachs, JERA, ADIA, CPPIB, ADB (subsequently exited) and GEF SACEF India and have invested a total of over INR 66.9 billion in the company in various tranches over the years.
Job Purpose
- Part of the Financial Planning & Analysis team to provide periodic financial reports to the management team.
- The candidate should be able to support the Planning & Budgeting Process and provide adhoc information requirements/ analysis.
Roles and Responsibilities
- Financial reporting to top management
- Support Financial Budgeting process
- Variance analysis – Actual Vs Budget Vs Forecast
- Financial modelling/IRR for wind/solar/rooftop business
- Support business in financial analysing & decision making for new business opportunities
- Segment-wise P/L and cash flows
Deliverables
- Monthly/Weekly reporting to top management
- Monthly Board reporting
- Support the Budgeting process
- Variance analysis – Actual Vs Budget Vs Forecast
- Responsible for checking and updating financial models for wind/solar/rooftop business
Profile & Eligible Criteria
- Education: Chartered Accountant / MBA
- Experience: 7-9 years
- Preferably from the Renewable sector
- Preferably working in the Corporate MIS department
- Good knowledge of Accounting & Analytical skills
- Good knowledge of Excel/Word/PowerPoint
Main Interfaces
- Interact with various stakeholders across departments within the organization for budgeting & forecasts.
- Work closely with the finance controllers and finance and accounts team for financial information requirements.
Reporting Authority: GM – Corporate Finance Planning & Analysis
