About the Role
We are seeking a dynamic and result-oriented Assistant Manager – Project Finance to support financing activities for renewable energy and infrastructure projects. The incumbent will play a key role in financial modelling, debt raising, financial closure, lender coordination, and compliance with financing requirements from project conception through loan disbursement.
The ideal candidate should possess a strong understanding of project finance structures, banking processes, and infrastructure financing, with hands-on experience in renewable energy projects.
Key Responsibilities
Project Finance & Financial Modelling
- Develop and maintain comprehensive financial models for renewable energy and infrastructure projects.
- Prepare detailed project financial projections, including Profit & Loss Statements, Balance Sheets, Cash Flow Statements, IRR, Equity IRR, Project IRR, DSCR, LLCR, PLCR, NPV, break-even analysis, and sensitivity scenarios.
- Evaluate project viability and bankability based on technical and commercial assumptions.
- Support bid evaluations and investment decisions through financial analysis.
Debt Raising & Financial Closure
- Prepare Information Memorandums, financing proposals, CMA data, and other documents for debt syndication.
- Coordinate with banks, financial institutions, NBFCs, multilateral agencies, and infrastructure funds for project financing.
- Support debt structuring, term sheet negotiations, sanction discussions, and financial closure.
- Assist in refinancing and working capital arrangements for operational assets.
Lender Coordination & Compliance
- Liaise with lenders, legal counsel, technical consultants, insurance advisors, Independent Engineers, and Chartered Accountants throughout the financing process.
- Ensure timely fulfilment of all Conditions Precedent (CPs) and pre-disbursement conditions for loan drawdowns.
- Coordinate execution of financing documents, security creation, escrow arrangements, and charge registration.
- Monitor post-disbursement lender covenants, reporting obligations, and compliance requirements.
Project Documentation & Due Diligence
- Coordinate lender due diligence covering technical, legal, financial, insurance, environmental, and regulatory aspects.
- Review concession agreements, EPC contracts, O&M agreements, Power Purchase Agreements (PPAs), land documents, and project approvals from a financing perspective.
- Maintain complete project finance documentation and financing trackers.
Financial Reporting & Stakeholder Management
- Prepare periodic MIS, lender reports, utilization certificates, and management presentations.
- Provide financial inputs for Board presentations, investment committee notes, and investor discussions.
- Coordinate with Business Development, Engineering, Projects, Legal, Secretarial, Taxation, and Accounts teams to achieve timely project financial closure.
Qualifications
- MBA (Finance), CA Inter, CMA, CFA, or equivalent professional qualification.
- Bachelor's degree in Commerce, Finance, Economics, Engineering, or Business Administration.
Experience
- 2–5 years of experience in Project Finance, Corporate Finance, Infrastructure Finance, or Renewable Energy Financing.
- Experience with renewable energy developers, EPC companies, infrastructure developers, power sector companies, NBFCs, banks, or financial advisory firms will be preferred.
Technical Skills
- Advanced Financial Modelling in Microsoft Excel.
- Strong understanding of Project Finance and Infrastructure Financing.
- Experience in the preparation of bankable financial models.
- Knowledge of debt structuring, term loans, consortium lending, and project appraisal.
- Experience in preparing CMA Data and financing proposals.
- Familiarity with Power Purchase Agreements (PPA), EPC Contracts, O&M Agreements, and project financing documentation.
- Understanding of RBI guidelines, banking processes, and lender documentation.
- Proficiency in Microsoft PowerPoint and ERP systems (SAP/Oracle or equivalent).
Preferred Exposure
Candidates with experience in financing projects involving:
- Solar PV (Utility Scale & C&I)
- Wind Power Projects
- Hybrid Renewable Projects
- Battery Energy Storage Systems (BESS)
- Transmission & Distribution Projects
- Roads, Metro, Water, or other Infrastructure Projects
will be preferred.
Key Performance Indicators (KPIs)
- Timely completion of financial models and investment analyses.
- Successful submission and approval of financing proposals.
- Achievement of project financial closure within scheduled timelines.
- Timely compliance with lender Conditions Precedent (CPs) and pre-disbursement requirements.
- Accuracy and quality of financial models and lender documentation.
- Effective coordination with lenders and cross-functional teams.
- Compliance with financing covenants and reporting requirements.
