Senior Executive - Banking Operations

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Job Purpose

To manage banking and treasury operations, ensure timely processing of financial transactions, maintain relationships with banks and financial institutions, and support project financing activities for renewable energy projects.

Key Responsibilities

Banking Operations

• Manage day-to-day banking transactions including payments, receipts, fund transfers, and bank reconciliations.
• Monitor cash flows and ensure availability of funds across projects and business units.
• Coordinate with banks for opening, closing, and maintenance of bank accounts.
• Process RTGS, NEFT  and other banking instruments.
• Ensure timely submission of banking documents and compliance requirements.
• Sound Knowledge of Inter Company Transactions.
• Ensuring monthly pay-out and reconciliation of monthly invoices with 100% accuracy and taking care of necessary statutory compliances like TDS, GST, Advance Tax, Salary etc. 

• Support treasury activities related to investments, FD placements, and liquidity planning.

Compliance & Reporting

• Prepare monthly banking and treasury MIS reports.
• Facilitate statutory, internal, and lender audits and SOX compliances.
• Ensure compliance with RBI guidelines, banking regulations, and company policies.
• Maintain proper documentation of all banking transactions and agreements.

Stakeholder Management

• Build and maintain relationships with banks, financial institutions, and internal stakeholders.
• Coordinate with accounts, tax, legal, and project teams for smooth financial operations.

Required Qualifications

• MBA Finance / M.Com / B.Com with relevant experience.

Experience

• 4-7 years of experience in Banking Operations, Treasury, or Finance.
• Experience in Infrastructure, Renewable Energy, Power, EPC, or Manufacturing sectors preferred.

Key Skills

• Banking Operations
• Treasury Management
• Cash Flow Management
• Bank Reconciliation
• Fund Management
• MS Excel (Advanced)
• SAP knowledge Must
• Power Point Presentation Skills

Competencies

• Analytical and problem-solving skills
• Attention to detail
• Strong communication and coordination abilities
• Time management and multitasking
• Relationship management with banks and lenders

Location : Gurugram