Senior Manager

Position -Manager/ Sr. Manager-Project Finance

Department : Project Finance

Location : Gurugram, Haryana

Preferred Industry : Renewable Energy / Solar Power Projects

Exp Range -7 to 14 years

Qualification -CA or MBA-Finance

Role Overview

The position will be responsible for leading and executing end-to-end project financing for RE projects including utility-scale solar power projects. The role involves debt syndication, financial structuring, closure of term sheets, and ongoing lender relationship management with Indian PSUs and private banks/NBFCs.

Key Responsibilities

Project Finance & Capital Structuring

• Lead financing activities for new and existing solar projects including debt sourcing, refinancing, and working capital facilities.
• Structure optimal financing models ensuring competitive pricing, tenure, security package, and covenants.
• Prepare financial models, project cashflow analysis, sensitivity tests, and investment recommendations for the management/investment committee.
• Drive project appraisals, technical due diligence, compliance documentation, and loan closure processes.

Lender Management

• Independently manage relationships with PSU banks, private banks, NBFCs, DFIs, and credit rating agencies.
• Lead negotiations on term sheets, covenants, and documentation.
• Ensure timely disbursement and compliance reporting to lenders.

Project Execution Support

• Work closely with Business Development, Legal, Engineering, Land, and SCM teams to support project readiness for financing.
• Manage internal approval notes, board presentations, and risk reviews.

Monitoring & Compliance

• Monitor existing loan portfolios, repayment schedules, escrow/cash-flow waterfalls, and DSRA requirements.
• Manage project insurance, security perfection, audits, and statutory compliance.

Required Skills

• Demonstrated track record of securing debt from PSU + private lenders (mandatory).
• Strong understanding of financial modelling, project cash-flow metrics (DSCR, IRR, NPV), and risk analysis.
• Experience with documentation negotiation, CP/CS management, and lender audits.
• Thorough knowledge of RBI norms, security structuring, escrow/TRA mechanism and credit rating process.
• Strong commercial acumen, negotiation skills, and leadership ability.

Preferred Exposure

• Solar plant financing (open access/C&I/utility scale)
• Refinancing / portfolio funding / acquisition deals
• Exposure to green bonds/ECB structures (added advantage)