Website Virtuous Advisors and Resources Pvt. ltd.
Senior Manager – Project Finance (Renewable Energy)
Location: Mumbai
Reporting To: Head of Finance
About the role:
We are seeking a highly skilled and result-oriented Project Finance professional with 5 – 10 years of relevant experience in renewable energy financing, financial modelling, debt structuring, and lender negotiations.
The candidate will be responsible for managing the end-to-end financing of renewable energy projects, including solar, wind, hybrid, and energy storage projects, from financial evaluation and debt structuring to financial closure and post-disbursement compliance.
Key Responsibilities:
– Lead the debt financing process for renewable energy projects, including utility-scale solar, wind, hybrid, and other clean energy projects.
– Drive financial closure within project timelines and ensure optimal financing costs and terms.
– Prepare, maintain, and independently review comprehensive project finance models for renewable energy projects.
– Review and negotiate sanction letters and financing documents, including loan agreements, facility agreements, security documents, escrow agreements, hypothecation agreements, and other related documentation.
– Coordinate and manage the preparation, review, and finalization of Techno-Economic Viability (TEV)/LIE reports required by lenders.
– Monitor loan drawdowns, interest during construction, debt repayment obligations, and utilization of sanctioned facilities.
– Track compliance with financial covenants, lender reporting requirements, and other obligations under financing documents.
– Act as the primary finance interface with banks, financial institutions, consultants, legal advisors, and other external stakeholders.
– Maintain an updated financing tracker covering lender discussions, sanctions, documentation, conditions precedent, disbursements, and compliance obligations.
Educational Qualifications:
– CA, MBA (Finance), CFA, or equivalent professional qualification.
– Candidates with a degree in Finance, Commerce, Economics, or Engineering along with relevant project finance experience may also be considered.
Desired Candidate Profile:
– The ideal candidate will be commercially oriented, analytically strong, and capable of independently managing multiple financing assignments. The candidate should possess a combination of technical financial modelling skills, practical understanding of renewable energy projects, and the ability to negotiate effectively with lenders and consultants.
– Candidates with hands-on experience in project financing for renewable energy developers or Independent Power Producers (IPPs), and a demonstrated track record of taking projects from financial appraisal through financial closure, will be preferred.
To apply for this job please visit www.iimjobs.com.
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