Job Description

Date: 17 Jul 2024


Location: Gurugram, India


Company: Sterlite Power Transmission Limited


Position Title
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Manager - Finance


Position Summary
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To handle FP&A activities of under construction and operational portfolio of ~3.8 GW which will increase of 6 GW by end of year


Key Accountabilities / Responsibilities
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• Annual Operating Plan (AOP)
• Monthly review of Projects and coordination with Capex and Opex Controller for Performance against set KPIs/AOP
• Preparation of Rolling forecast
• Monthly MIS deck for variance between AOP vs Rolling forecast vs Actual with detailed variance analysis for capex and Opex projects.
• Preparation of Consolidated MIS
• Finance Deck for the Group Chairman review, Board Deck as and when required
• MIS to Investor as per agreement
• Variance analysis of Project Budget with the estimated cost with the detailed reason of variances
• Coordination with FR team for the Valuation of entities required during fund infusion, transfer of companies and for any other purpose.
• Working closely with the Financial reporting team for interim and final statutory audit
• Coordination with project finance team for lender's compliance and covenants testing.
• Implementing Process Improvements and Reduction of current processing time by automation , standardization and simplification.
About Us
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Serentica Renewables is a renewable energy generator that enables energy-intensive industries transition to a clean energy future. We provide assured, firm renewable energy (RE) by developing, operating, and dispatching green?eld solar, wind, energy storage with balancing solutions.


Serentica plans to install ~1500 MW of solar & wind power across multiple sites in the states of the Karnataka, Rajasthan, and Maharashtra where the company has already acquired connectivity approvals. A large part of this capacity will be used to deliver close to 600MW of round-the-clock clean energy to various entities of the Vedanta Group. The company will focus on providing direct green energy solutions to commercial and industrial customers.




Aiding India's Decarbonization agenda


Serentica is committed to reversing climate change by decarbonizing energy-intensive industries such as Steel, Cement, Aluminium and Zinc. Industries account for over 30% of total carbon emissions. In the medium-term, Serentica aims to install 5000MW of carbon-free generation capacity coupled with different storage technologies. Eventually, it aims to supply over 15 billion units of clean energy annually and displace 20 million tonnes of CO2 emissions.