Date: 9 Apr 2024 Location: Gurugram, India Company: Sterlite Power Transmission Limited

Position Title

Manager - Finance

Position Summary

• To handle all finance related activities of operational portfolio of ~3.8 GW.
• Ownership of RE BU MIS reporting ensuring accurate and timely report-out

Position Demands

Total 4+ years of experience of which preferably minimum 1 year of experience in renewable industry to handle operational portfolio. Experience should include working on budgetary controls processes, consolidation accounting and some level of ownership of her/his activities. The candidate should have \xe2\x80\x9ccontinuous process improvement\xe2\x80\x9d mindset. CA/MBA experienced in business finance, controllership. The candidate should have the drive and energy to drive change and willing to learn new things and should be flexible to support the larger team as required

Key Accountabilities / Responsibilities

To handle operational portfolio of ~3.8 GW :

• Collating data for formulation of Annual Operating Plan (AOP) & finalization of project wise revenue & cost targets.
• Monthly review of Project operational Performance against set KPIs/AOP
• Fund management to ensure sufficient liquidity in operational entities to meet short term and long term financial obligations
• Account receivable \xe2\x80\x93 Customer Billing , Biling though Indian Energy Exchange, Trading partner management, Monitoring of collection, Deviation settlement mechanism (DSM) and rebate accounting
• Accounts Payable \xe2\x80\x93 Invoicing and Payment of expenses.
• Accounting & MIS
• The individual is expected to ensure proper usage of chart of accounts to ensure cost is being budgeted and booked in the right place \xe2\x80\x93 department and nature.
• Ownership of BU MIS reporting ensuring accurate and timely report-out in adherence to the guidelines
• To implement internal control and governance Implementing Process Improvements and Reduction of current processing time by automation , standardization

About Us

Serentica Renewables is a renewable energy generator that enables energy-intensive industries transition to a clean energy future. We provide assured, firm renewable energy (RE) by developing, operating, and dispatching green\xef\xac\x81eld solar, wind, energy storage with balancing solutions. Serentica plans to install ~1500 MW of solar & wind power across multiple sites in the states of the Karnataka, Rajasthan, and Maharashtra where the company has already acquired connectivity approvals. A large part of this capacity will be used to deliver close to 600MW of round-the-clock clean energy to various entities of the Vedanta Group. The company will focus on providing direct green energy solutions to commercial and industrial customers.
Aiding India\xe2\x80\x99s Decarbonization agenda Serentica is committed to reversing climate change by decarbonizing energy-intensive industries such as Steel, Cement, Aluminium and Zinc. Industries account for over 30% of total carbon emissions. In the medium-term, Serentica aims to install 5000MW of carbon-free generation capacity coupled with different storage technologies. Eventually, it aims to supply over 15 billion units of clean energy annually and displace 20 million tonnes of CO2 emissions.