Head- Financial Planning and Analysis, Mumbai

JobItUs; Mumbai; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

JobItUs in Mumbai seeks a Senior Financial Analyst to oversee financial planning, analysis, and reporting for renewable energy projects. The role involves leading budgeting processes, managing team performance, and building relationships with stakeholders. Candidates should have over 10 years of experience in finance, primarily in renewable energy, and must possess a CA qualification.

The incumbent will influence strategic decision-making and contribute to long-term planning initiatives while ensuring robust financial performance across departments.

Qualifications

• 10+ years of experience in financial planning and analysis, with 5+ years in a leadership role.
• Strong knowledge of renewable energy markets and financial modeling.
• Proven experience in team management and strategic financial planning.

Responsibilities

• Lead annual budgeting and quarterly forecasting processes to align with company goals.
• Develop financial performance reports for key stakeholders.
• Manage evaluation of capital investments in renewable energy projects.

Skills

Financial modelling

Leadership skills

Budgeting expertise

Knowledge of renewable energy

Strategic thinking

Proficiency in ERP systems

Education

CA

Tools

SAP

Oracle

Microsoft Excel

Microsoft PowerPoint

Job description

Job Purpose

The incumbent will play a critical role in overseeing all financial planning, analysis, forecasting, and reporting for the company’s renewable energy projects. Also, will be responsible for ensuring that financial data supports business objectives, guiding strategic decision-making, and leading the financial performance across various departments. Will work closely with the executive leadership team to shape the company's financial strategy and long-term planning in the renewable energy sector.

Skill Competencies

1. Exceptional financial modelling and analytical skills with the ability to transform complex data into actionable insights.
2. Strong leadership and interpersonal skills with the ability to influence and collaborate across functions.
3. Expertise in budgeting, forecasting, and financial reporting systems.
4. Knowledge of renewable energy projects, financing models (such as PPAs, tax equity, and project finance structures), and regulatory frameworks.
5. Strong proficiency in financial software, ERP systems (SAP, Oracle, etc.), and Microsoft Excel/PowerPoint.
6. Strategic thinking, high attention to detail, and ability to thrive in a dynamic, fast-paced environment.

Principal Accountabilities

Financial Planning & Budgeting

• Lead the annual budgeting and quarterly forecasting processes, ensuring alignment with company goals and key performance indicators (KPIs).
• Work with cross-functional teams (operations, project finance, engineering, etc.) to ensure robust and accurate financial planning.
• Ensure financial performance is accurately tracked and discrepancies from budget or forecasts are properly analyzed and addressed.

Performance Analysis & Reporting

• Develop financial performance reports for key stakeholders, including the board of directors and executive leadership, with actionable insights.
• Conduct variance analysis between actual performance and financial projections, identifying key drivers and proposing corrective actions where necessary.
• Track financial KPIs specific to the renewable energy sector, including project profitability, return on investment (ROI), and cost of capital.

Capital & Project Finance

• Manage and support the evaluation of capital investments in renewable energy projects, including risk assessments, financial structuring, and investment return calculations.
• Work with the Project Finance team to assess the financial viability of new projects, acquisitions, and joint ventures within the renewable energy sector.
• Ensure proper financial governance and controls are maintained for all ongoing projects.

Stakeholder Management

• Build strong relationships with internal stakeholders such as operations, engineering, and project development teams to align financial goals and outcomes.
• Partner with external stakeholders including investors, financial institutions, and auditors to support capital raising and financing activities.

Continuous Improvement & Innovation

• Identify opportunities for process improvements, automation, and the use of advanced financial tools to enhance FP&A efficiency and effectiveness.
• Keep abreast of industry trends, regulatory changes, and emerging financial best practices in the renewable energy sector.

Experience

1. Minimum of 10 years of experience in financial planning & analysis, including at least 5 years in a leadership role, preferably within the renewable energy, energy, or infrastructure sectors.
2. Strong knowledge of renewable energy markets, financial modeling, and capital project finance.
3. Proven experience managing a team, developing financial strategies, and working with senior executives.

Qualification

• CA