Senior Manager – Project Finance – Renewable Energy Virtuous Advisors and Resources Pvt. ltd.

The Corporate Institute; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a Senior Manager – Project Finance to lead end-to-end renewable energy financing, including debt structuring, lender negotiations, and TEV/LIE reporting. You will drive financial closure for solar, wind, and storage projects.

The role requires strong modelling skills, deep understanding of project finance, and ability to coordinate with banks and consultants to secure optimal financing terms.

Qualifications

• 5–10 years of relevant experience in renewable energy financing.
• Experience in financial modelling, debt structuring, and lender negotiations.
• End-to-end financing of renewable energy projects from evaluation to closure.

Responsibilities

• Lead the debt financing process for renewable energy projects.
• Drive financial closure within project timelines and optimize financing terms.
• Prepare and review comprehensive project finance models for renewables.
• Review sanction letters and financing documents including loan, facility, and security agreements.
• Coordinate TEV/LIE reports required by lenders.
• Monitor loan drawdowns, interest during construction, and debt repayment obligations.
• Track covenants, lender reporting, and other financing obligations.
• Act as primary finance interface with banks, consultants, and legal advisors.
• Maintain an updated financing tracker covering discussions, sanctions, and disbursements.

Skills

Renewable energy financing

Financial modelling

Debt structuring

Lender negotiations

Education

CA

MBA (Finance)

CFA

Finance/Economics/Engineering degree

Job description

Senior Manager – Project Finance (Renewable Energy)

Location: Mumbai

Reporting To: Head of Finance

About the role:

We are seeking a highly skilled and result-oriented Project Finance professional with 5 – 10 years of relevant experience in renewable energy financing, financial modelling, debt structuring, and lender negotiations.

The candidate will be responsible for managing the end-to-end financing of renewable energy projects, including solar, wind, hybrid, and energy storage projects, from financial evaluation and debt structuring to financial closure and post-disbursement compliance.

Key Responsibilities:

• Lead the debt financing process for renewable energy projects, including utility-scale solar, wind, hybrid, and other clean energy projects.
• Drive financial closure within project timelines and ensure optimal financing costs and terms.
• Prepare, maintain, and independently review comprehensive project finance models for renewable energy projects.
• Review and negotiate sanction letters and financing documents, including loan agreements, facility agreements, security documents, escrow agreements, hypothecation agreements, and other related documentation.
• Coordinate and manage the preparation, review, and finalization of Techno-Economic Viability (TEV)/LIE reports required by lenders.
• Monitor loan drawdowns, interest during construction, debt repayment obligations, and utilization of sanctioned facilities.
• Track compliance with financial covenants, lender reporting requirements, and other obligations under financing documents.
• Act as the primary finance interface with banks, financial institutions, consultants, legal advisors, and other external stakeholders.
• Maintain an updated financing tracker covering lender discussions, sanctions, documentation, conditions precedent, disbursements, and compliance obligations.

Educational Qualifications:

• CA, MBA (Finance), CFA, or equivalent professional qualification.
• Candidates with a degree in Finance, Commerce, Economics, or Engineering along with relevant project finance experience may also be considered.

Desired Candidate Profile:

• The ideal candidate will be commercially oriented, analytically strong, and capable of independently managing multiple financing assignments. The candidate should possess a combination of technical financial modelling skills, practical understanding of renewable energy projects, and the ability to negotiate effectively with lenders and consultants.
• Candidates with hands-on experience in project financing for renewable energy developers or Independent Power Producers (IPPs), and a demonstrated track record of taking projects from financial appraisal through financial closure, will be preferred.