Manager - Corporate Finance & Treasury

1. SKILLS AND KNOWLEDGE

Educational Qualifications

• Minimum education qualifications for the position: Master's Degree in Finance / CA

Functional Skills

• Thorough understanding of the Indian Power Industry
• Knowledge of fund management / cash management
• Understanding of domestic, international money and forex market
• Knowledge of treasury processes
• Communication and Influencing Skills
• Negotiation Skills

Relevant and total years of Experience

• Overall experience: ~8 to 10 years
• Specific experience: Experience of working in long-term and short-term financing, especially in infra

1. PRINCIPAL ACCOUNTABILITIES

Accountabilities

Major Activities

Identify financing options to supportlong-term and short-term financing, aimed at minimizing cost of financing

• Collate all relevant project documents and identify various instruments for long term and short-term financing
• Shortlist the options basistheir impact on project profitability and finalize the financing structure after discussions with Project Financing team
• Identify banksthat can be approached for project financing; Prepare a pitch presentation for circulation to financing parties
• Negotiate all terms and conditions with the financing parties and finalize the financing term sheet basis rates provided, ensuring minimum cost of financing for Apraava 
• Finalize the financing model in collaboration with the financing party; Submit to Head– Corporate Finance & Treasury and seek approval
• Effectively maintain a repository of all related documents and seek necessary approvals to implement the financing arrangement
• Analyze and implement capitalmarket instruments to meet funding requirements of Apraava, diversifying the funding base and minimizing cost of borrowing
• Coordinate withall 3 ratingagencies to ensurebest possible rating for Apraava, thus minimizing cost of borrowing
• Manage loanaccounts for Apraava ensuring timely disbursement of funds and compliance to all terms and conditions listed in loan document

Effectively implement various hedging strategies to minimize risk to Apraava due to foreign currency exposure

• Identify and evaluate different hedging instruments available with respect to pricing and cost effectiveness
• Coordinate with banks to finalize the optimum hedging strategy ensuring minimum risks associated with Apraava 's foreign currency exposure; Submitto Head – Corporate Finance & Treasury for review
• Act as Authorized Dealeras per RBI requirement for conducting hedging transactions on behalf of the Company
• Periodically evaluate the performance of hedges by monitoring the MTM gain / loss monthly

• Guiding junior team members and ensuring that the team is aware of the latest compliance requirements from time to time for different kinds of loan instruments
• Maintain a compliance register to track the status of compliances from time to time and guiding junior team members on the compliances. 
• Initiate timely actions to ensure that compliance requirements are regularly met in close co-ordination with various agencies such as Trustee, SEBI and other agencies.  

• Ensure all information requirements from banks are regularly provided. 
• Ensure that covenant testing for all loans performed on regular basis and the same is reviewed by relevant team members
• Prepare regular updates which reflect the current status of debt portfolio, the weighted average cost along with the status of the fund based/ non-fund-based limits and provide the same to Corporate Finance team
• Highlight emerging risks based on regular assessment to the teams and suggest mitigating actions to overcome risks to the portfolio.
• Put together relevant material for the consumption of senior management as guided by team members from time to time.

Execute treasury related processes to ensure timely availability of funds for Apraava and maximum returns on investments

• Prepare projections for working capitalrequirements of Apraava   and determine the need for working capital financing
• Identify banksto finance workingcapital requirements of Apraava ; Negotiate on terms of financing ensuring optimum cost of financing
• Identify instruments for investment of surplus funds; Finalize the investment method maximizing the return on investment andseek approval
• Keep abreast of changes in regulatory framework related to finance and treasury; Communicate their impact to Head – Corporate Finance & Treasury
• Effective maintain all documents related to project finance and treasury for future reference and to facilitate internal / external audits