Business Analyst Solar

Hi,We are hiring -Position:Business Analyst/Sr Business Analyst Location:Ahmedabad Company:Reputed Infra & Renewable Energy company with 3200+ employee strengthDepartment:Green Energy Division Enterprise Project Management Office Mandatory - Renewable energy/Solar/wind/power Sector experience Position Overview The organization is driving a major renewable energy expansion with a target of 3 GW Solar and 5 GWh Battery Energy Storage Systems (BESS). The Business Analyst will play a key role in financial planning, data analysis, solution presentations, and stakeholder communicationbridging project execution, corporate finance, and business strategy. This role combines analytical strength, financial modelling, and business insight with the ability to work cross-functionally and communicate effectively with internal teams, investors, and external stakeholders. Organization Chart CEO Head EPMO Business Analyst Key Responsibilities 1. Financial Planning & Project Controls Develop, maintain, and analyze project-level and portfolio-level CAPEX schedules and financial data Track actuals vs. budget, cost-to-complete, and provide input for financial models Support monthly, quarterly, and annual reporting cycles with variance and risk analysis Manage Purchase Order processes, resolve issues, and prepare financial status reports Integrate financial data with construction schedules and procurement plans to assess KPIs Support earned value management (EVM), scheduling, and change control 2. Business & Financial Analysis Create solution presentations, financial models, executive summaries, and analytical reports for management, investors, and partners Prepare project-specific financial statements (Balance Sheet, P&L, and Cash Flow Statements) to forecast revenue, cost, profit, investor IRR, and payback period Collect project-specific information from clients and prepare Project Information Sheets for internal and external stakeholders Conduct sensitivity, scenario, and profitability analysis for new projects, tenders, and investments Support the preparation of board reports, investor decks, and bid submissions 3. Cross-Functional Finance Partnering Work closely with Land, Project, Finance, Operations, and Supply Chain teams to analyze business performance and forecast outcomes Act as the financial voice in cross-functional decision-making Track and evaluate function-level KPIs, ROI, and spend efficiency 4. Data-Driven Insights & Reporting Develop and automate dashboards and reports using Power BI, SQL, and Excel to monitor business metrics Leverage ERP systems to consolidate financial, procurement, and project data Collaborate with IT and vendors to ensure data accuracy, integrity, and optimized workflows 5. Budgeting, Forecasting & Variance Analysis Support annual business planning and monthly forecasting across multiple verticals Analyze budget adherence, spend efficiency, and revenue projections Evaluate cash flow, cost trends, and profitability at project and corporate levels 6. Cost Optimization & Profitability Tracking Conduct unit economics and margin analysis across projects, geographies, and business units Identify cost optimization and savings opportunities in procurement, logistics, and operations 7. Strategic Projects & International Exposure Support business initiatives such as new product launches, pricing strategy, AMC program analytics, and vendor optimization Prepare business cases and investment justifications for management review Travel internationally to participate in reviews, due diligence, and partner meetings Understand cross-cultural business practices and incorporate global best practices into analysis and reporting 8. Governance & Process Improvement Ensure compliance with company policies, reporting standards, and project controls protocols Assist in developing standardized templates, reporting dashboards, and cost structures Continuously improve project controls, data management, and financial tracking systems Qualifications BBA / MBA in Marketing & Finance, Business, Economics, or related field Minimum 36 years of experience in financial analysis, project controls, or business analytics, preferably in renewable energy, infrastructure, or construction sectors Experience with ERP systems (SAP / Oracle / Odoo / MS Dynamics) in project-based environments Skills & Competencies Advanced skills in MS Excel, Power BI / Tableau, SQL, and financial modelling Strong understanding of project finance, cash flow modelling, and IRR/NPV analysis Excellent analytical, presentation, and communication abilities Ability to manage multiple priorities and deliver under tight deadlines Cross-functional collaboration skills with exposure to project execution and finance teams Detail-oriented, proactive, and comfortable handling confidential financial information Preferred Experience Exposure to utility-scale Solar / BESS / Renewable projects Understanding of construction project accounting, EPC workflows, and cost control systems Familiarity with PPA structures, and CAPEX/OPEX optimization Prior experience in investor reporting, project tenders, and financial model preparationRegards, Neha Khandelwal neha.k@ipsgroup.co.in