Immediate Start: Deputy General Manager of Finance

Job Description

Company Description Avaada Group is a visionary energy conglomerate with a presence across the entire spectrum of the energy transition value chain, including the production of Solar Modules, Renewable Power Generation, and the development of large scale projects for Green Hydrogen, Green Methanol, Green Ammonia, and Sustainable Aviation Fuel. Under the astute leadership of Mr. Vineet Mittal, the group has established itself as a significant player on the global energy stage. Avaada Energy, the group’s flagship arm for renewable power generation, is on track to reach an impressive 11 GW of installed capacity by 2026. With its robust execution capabilities and a solid track record, Avaada has earned the trust of international investors, as evidenced by the equity raise of US $1.3 Billion in early 2023, including a US $1 Billion investment commitment from Brookfield’s Energy Transition Fund and $300 million from GPSC, PTT Group of Thailand. Role Description Drive funds raising (rupee as well foreign currency loans), funds management, forex management, financial closure and disbursements etc. Pre-Financial Closure and Banking – Raising debt/equity, financial Closure, liaison with banks, disbursement requests, preparation of PIM, updating of PIM, forecasting future interests. Manage all activities related to funding tie-up & financial closure, up to disbursement. Post Financial Closure- Reviewing loan agreement, Investments / divestments, Prepare, Monitor, and ensure cash flows, fund flows, profitability statements, IRRs, payback periods, DSCR’s, projected profitability and other financial parameters / reports to analyse inflow / outflow of funds and profits/surplus resulting thereof”. Project financing, working capital financing, management, and control. Work Experience: 2- 12 Years Experience in Project Finance in Renewable Sector Qualification & Certification Required: MBA Fin /CA Knowledge, Skills, & Technology Platform: SAP