Manager / Senior Analyst - Management Consulting

Mercados Energy Markets India; Jabalpur; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Mercados Energy Markets India seeks an experienced Expert – Budget & Planning to lead financial planning, budgeting, and performance monitoring for power sector utilities/projects in India. The role involves preparation of budgets, financial projections, and analysis of cost structures to support regulatory and operational decisions.

The candidate will oversee ARR, business plans, and tariff-related financial models, coordinating with finance, technical, and regulatory teams, and ensuring

Qualifications

• 5+ years in the power sector, financial management/budgeting.
• Engineering Graduate with MBA/PGDM or CA (equivalent) with Finance specialization.
• Knowledge of tariff frameworks and regulatory guidelines (SERC/CERC).

Responsibilities

• Lead preparation of ARR, business plans, and budget documents.
• Develop short- and long-term financial plans and projections.
• Analyze cost structures, expenditure trends, and financial performance of utilities/projects.
• Support tariff-related financial models and regulatory submissions.
• Monitor budget utilization, variance analysis, and KPIs.
• Coordinate with finance, technical, and regulatory teams for data collection and validation.
• Ensure compliance with regulatory guidelines and financial planning standards.

Skills

Financial planning

Budgeting

Forecasting

Financial modelling

Data analysis

MS Excel

Regulatory requirements

Education

MBA/PGDM with Finance

CA (ICAI)

Tools

MS Excel (advanced)

Financial modelling tools

Job description

We are seeking an experienced ‘Expert – Budget & Planning’ to support financial planning, budgeting, and performance monitoring activities for power sector utilities/projects. The role involves preparation of budgets, financial projections, analysis of cost structures, and supporting regulatory and operational decision-making.

B. Detailed expectations from the role:

• Lead preparation of Annual Revenue Requirement (ARR), business plans, and budget documents.
• Develop and review short-term and long-term financial plans and projections.
• Analyze cost structures, expenditure trends, and financial performance of utilities/projects.
• Support preparation of tariff-related financial models and regulatory submissions.
• Monitor budget utilization, variance analysis, and financial performance indicators.
• Assist in preparation of CAPEX and OPEX plans and their justification
• Coordinate with finance, technical, and regulatory teams for data collection and validation.
• Ensure compliance with regulatory guidelines and financial planning standards.

C. Required Skill Set:

• Strong expertise in financial planning, budgeting, and forecasting.
• Knowledge of power sector cost structures and tariff frameworks.
• Proficiency in financial modelling and data analysis.
• Strong analytical and problem-solving skills.
• Advanced proficiency in MS Excel and financial tools.
• Good understanding of regulatory requirements (SERC/CERC).
• Effective communication and stakeholder management skills.

D. Experience and Education:

• At least 5 years of experience in the power sector in Financial management/ Budgeting and planning with any Central/ State Govt. Utility
• Engineering Graduate with MBA/ PGDM / PGDBM (equivalent to MBA) (with Finance electives/ Finance specialization) from a recognized Institute/ University OR a Chartered Accountant (CA) from ICAI.

E. Location:

• Base location shall be Jabalpur. However, the role would require the applicant to undertake travel for pursuing various opportunities.

F. Remuneration Structure:

• We offer a motivation based and competitive reward package.