Solar Project Finance Manager

4 days ago

Noida, Uttar Pradesh, India iClimateCare ( ICCPL) Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role: Solar Project Finance Manager.Location: Greater Noida, UP (On-site)Role : Full time

About ICCPLICCPL is a nimble, pre-revenue Independent Power Producer and EPC partner, developing 700 MW⁺ of farmer-powered solar SPVs under PM–KUSUM A & C. Backed by strategic investors and deep FPO alliances, we own the full delivery stack—from land aggregation through financing, construction and operations. Our startup-speed execution and infrastructure-grade rigor deliver predictable cash flows, transparent governance and bankable returns. Why

This Role MattersAs Solar Project Finance Manager, you will architect and operate ICCPL's finance engine—building cash-flow models, structuring debt and equity, liaising with banks and government schemes, and consolidating SPV accounts—to underwrite our rapid scale-up and drive investor confidence. Key ResponsibilitiesTreasury & Cash ManagementBuild and maintain daily cash-flow models across SPVsManage multi-tier escrow accounts and inter-SPV fund movements

Implement short-term investment strategies

Debt Structuring & Bank RelationsDraft, negotiate and finalize term-sheets, loan agreements and CP checklists

Coordinate with banks/NBFCs on moratoria, IDC capitalization and DSRA coverage

Monitor covenants (DSCR, LLCR) and prepare compliance certificates

Government Scheme LiaisonInterface with DISCOMs/MNRE for LOA/PPA tracking, subsidy claims and BG refunds

Ensure timely submission of PPA annexures, tariff certificates and filingsSPV Accounting & ConsolidationMaintain SPV-level books under IND AS: journal entries, inter-company eliminations and reconciliations

Lead monthly close and variance analysis

Coordinate statutory audits and regulatory filings

Investor & Board ReportingPrepare treasury dashboards, DSCR/LLCR scorecards and financing-cost analyses

Develop board papers detailing debt drawdowns, equity calls and cash-flow forecasts

Candidate ProfileEducation: Chartered Accountant (CA) or MBA (Finance) from a top-tier institute

Experience: 5–8 years in project finance, treasury or corporate finance—ideally with solar/IPPs or infrastructure projects

Technical Skills: Advanced Excel modeling (DSCR, waterfalls, sensitivity); familiarity with Tally, SAP B1 or similar ERP; Power BI or Tableau for dashboards

Domain Knowledge: Solar project economics, financing structures, PM–KUSUM A guidelines; lender due diligence and covenant enforcement

Soft Skills: Strong stakeholder management (bankers, regulators, auditors); exceptional analytical rigor and attention to detail; ability to thrive in a startup

What We OfferStrategic Impact: Lead financing of India's rural-solar growth under PM–KUSUM A & CCareer Growth: Fast-track to Head of Project Finance as we scale beyond pilot SPVsRewards: Competitive compensation, performance bonus and ESOPs tied to financing milestones

Learning & Mentorship: Direct guidance from founders, industry veterans and external advisors

Thanks & RegardsNiranjan Singh - Founder & CEO - ICCPL, SRACPL, INDIEUROS

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