Senior Manager-Finance

ReNew is seeking a Senior Manager-Finance in Gurugram, Haryana, to oversee budgeting, forecasting, variance analysis, and MIS reporting. The role involves managing financial models, commercial activities, and collaborating with cross-functional teams to support strategic decision-making. ReNew is a leading clean energy company focused on decarbonisation solutions, with significant contributions to India's energy capacity and a commitment to sustainability.
ReNew is a leading decarbonisation solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With 16.3 GW of commissioned and pipeline utility-scale projects, we are a global company with strong Indian roots. Founded in 2011, ReNew is at the forefront of fighting climate change by offering decarbonisation solutions through utility-scale wind and solar offerings, green hydrogen, carbon markets, and energy storage. ReNew has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where we are the market leader. Our mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew is the world’s first clean energy company to be recognised as a Lighthouse by the World Economic Forum. In 2023, we were recognised among ‘Top 15 Climate Tech Companies to Watch’ by the MIT Technology Review. We are a recipient of the Sustainable Market Initiative’s Terra Carta Seal. The COP28 UAE Presidency presented ReNew the ‘Energy Transition Changemaker’ award for developing and deploying the country’s first round-the-clock power project. ReNew’s solar and wind energy projects currently contribute to 1.9% of India’s power capacity and are spread across 150+ sites and 18 Indian states. We have helped prevent 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions, in addition to generating around 130,000 jobs over the past decade.

Website

http://renew.com

About Company

Job Description
• Budgeting: Develop and manage the company's annual budgeting process, collaborating with department heads to ensure alignment with organizational goals and financial targets.
• Forecasting: Lead the forecasting process, analysing historical data, market trends, and business drivers to provide accurate forecasts for revenue, expenses, and other financial metrics.
• Variance Analysis: Conduct regular variance analysis to identify discrepancies between actual financial performance and budget/forecast and provide recommendations for corrective actions.
• MIS Reporting: Preparation of MIS reports, providing timely and insightful financial analysis to the leadership to support strategic decision-making.
• KPIs Tracking and Reporting: Define key performance indicators (KPIs) relevant to financial performance and track them regularly.
• Commercial and Business Finance Activities: Manage pricing strategies ensuring profitability while remaining competitive in the market. Oversee revenue recognition. Experience in handling the dealer/distributors. Detailed review of all commercial contracts.
• Manufacturing Plant : Working closely with Plant finance leads on month end closures, MIS , Costing and forecasting activities
• Financial Modelling: Develop and maintain financial models to support strategic planning, scenario/ sensitivity analysis and investment decisions
• Product costing
• Cross-functional Collaboration: Collaborate with cross-functional teams including Finance, Sales, Operations and Marketing to gather insights, drive process improvements and support business and automation initiatives.

Job Description
• Budgeting: Develop and manage the company's annual budgeting process, collaborating with department heads to ensure alignment with organizational goals and financial targets.
• Forecasting: Lead the forecasting process, analysing historical data, market trends, and business drivers to provide accurate forecasts for revenue, expenses, and other financial metrics.
• Variance Analysis: Conduct regular variance analysis to identify discrepancies between actual financial performance and budget/forecast and provide recommendations for corrective actions.
• MIS Reporting: Preparation of MIS reports, providing timely and insightful financial analysis to the leadership to support strategic decision-making.
• KPIs Tracking and Reporting: Define key performance indicators (KPIs) relevant to financial performance and track them regularly.
• Commercial and Business Finance Activities: Manage pricing strategies ensuring profitability while remaining competitive in the market. Oversee revenue recognition. Experience in handling the dealer/distributors. Detailed review of all commercial contracts.
• Manufacturing Plant : Working closely with Plant finance leads on month end closures, MIS , Costing and forecasting activities
• Financial Modelling: Develop and maintain financial models to support strategic planning, scenario/ sensitivity analysis and investment decisions
• Product costing
• Cross-functional Collaboration: Collaborate with cross-functional teams including Finance, Sales, Operations and Marketing to gather insights, drive process improvements and support business and automation initiatives.