Team Member Business Finance_IC3

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

• Commercial functions :
  • Contract Management (commercial part)
  • Processing NFA (approval notes) as per Procurement policy guidelines.
  • Ensuring contract/PO adherence for BG, Payment terms, Invoice processing, statutory compliances etc
  • Timely review of BG register, coordination with banks, vendors, and internal teams for BG renewal/encashment.
  • Interactions with auditors i.e. statutory auditor & internal auditors.

• Controlling / MIS & Reporting:
  • Managing fund flow with project execution schedule
  • Monthly Management reporting highlighting in-depth analysis for key business drivers, cost to complete, trends and variances and implementing / follow-up of corrective action