Senior Manager-Management Consulting

Mercados Energy Markets; Lucknow; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

Mercados Energy Markets in Lucknow seeks a Tariff Expert to manage end-to-end tariff petitions, ARR filings, and regulatory compliance for distribution utilities. You will lead modelling, due-diligence, and stakeholder interactions while aligning with regulatory orders and policy updates.

You will mentor teams, prepare regulatory notes and client-ready presentations, ensuring timely and accurate deliverables in a fast-paced consulting environment.

Qualifications

• B.Tech with MBA in Finance/Power/Energy Management.
• At least 8 years of experience in power sector tariff matters.
• Strong written and verbal communication and analytical abilities.

Responsibilities

• Oversee preparation and filing of tariff petitions and ARR filings.
• Lead regulatory comments and analytical notes on petitions and associated proceedings.
• Coordinate with clients to gather input and deliver quality outputs within deadlines.
• Prepare client presentations, reports and communicate findings to senior management.

Skills

Tariff modelling

Regulatory analysis

Data analysis

Presentation skills

Client interaction

Team collaboration

Education

MBA in Finance/Power/Energy Management

B.Tech

Tools

Excel

PowerPoint

Job description

A. About the Role:

The Tariff Expert shall be responsible for preparation, filing and follow-up of Tariff Petitions, Multi-Year Tariff (MYT) Petitions, True-up Petitions and Annual Revenue Requirement (ARR) filings for Distribution Utilities. The role shall involve end-to-end tariff analysis including power purchase cost, transmission and wheeling charges, distribution and AT&C losses, subsidy requirements, regulatory assets and carrying cost, in accordance with applicable regulations, tariff policies and prevailing regulatory practices.

The Tariff Expert shall also be responsible for drafting and submission of replies to deficiency notes, responses to stakeholder objections and compliance filings before the Appropriate Commission, along with interpretation and application of Regulations, Tariff Orders, True-up Orders and prepare comments on regulatory amendments issued by SERC/CERC/CEA/MoP. Further, the role shall include preparation of regulatory notes, concept papers, issue briefs and presentations for senior management and for representation in regulatory proceedings, meetings and workshops.

B. Detailed expectations from the role:

The Senior Manager / Manager Management Consultant will be reporting to the Project Leader and shall be responsible for effective execution of regulatory and tariff-related assignments. The key (broadly indicative) expectations shall be as below:

• Maintain continuous oversight of energy policies, regulations, tariff frameworks and incentive mechanisms, with specific focus on power distribution, power procurement and renewable energy integration.
• Lead preparation and submission of regulatory comments, responses and analytical notes on tariff petitions, true-up filings and related proceedings filed by distribution companies and other stakeholders.
• Analyze policy implications, assess their impact on project development and provide recommendations to clients.
• Develop Annual Revenue Requirement (ARR), Multi-Year Tariff (MYT) and True-up petitions, including validation of input data received from client departments and alignment with applicable regulatory provisions.
• Work closely with clients to understand their requirements, provide consulting services and deliver solutions aligned with their objective of the assignment.
• Prepare client presentations, reports and effectively communicate findings and recommendations.
• Support in execution of projects in co-ordination with team leader and team members, ensuring submission of quality deliverables within timelines.
• Client interactions/ discussions/ meetings whenever necessary

C. Required skill set

• Ability to handle multiple tariff and regulatory assignments simultaneously and deliver outputs within a structured, deadline-driven consulting or utility environment.
• Strong hands-on experience in financial and tariff modelling specific to the power sector, including ARR, MYT, True-up and tariff design.
• Should possess hands-on experience in working on policy, regulations, regulatory due-diligence, Fuel cost related analysis etc. for Govt./ Private power utilities.
• Should have assisted multiple power sector clients such as Electricity Regulatory Commissions, Government & Private Power Utilities, electricity consumer associations etc.
• Should stay well-informed about the latest trends and developments in the power sector regulatory landscape, including new policy notifications, amendments to the Electricity Act, and emerging regulations.
• Must possess strong written and verbal communication skills.
• Should demonstrate excellent analytical and problem-solving abilities.
• Must have a proven ability to work effectively both independently and collaboratively within a team.
• Should be proficient in data analysis and adept at using presentation tools.
• Must have expertise in conducting in-depth research.

D. Education and Experience

• B. Tech with MBA.
• At least 8 years of experience in power sector tariff matters.
• Preference will be given to MBA in Finance/Power/Energy Management.

E. Location

• Lucknow, Uttar Pradesh
• Open to travel for project execution and management

F. Remuneration Structure

• We offer a motivation based and competitive reward package.