Assistant Manager - Commercial

2 - 6 years

0 Lacs

Posted:4 days ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

About Business

Adani Group

: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Adani Green Energy Limited (AGEL)

: AGEL is part of the Adani Group’s promise to provide a better, cleaner, and greener future for India. Driven by the Group’s philosophy of Growth with Goodness’, the Company develops, builds, owns, operates, and maintains utility- scale grid-connected solar, wind farm and energy storage (Hydro PSP and Battery) projects. The electricity generated is supplied to central and state government entities and government- backed corporations. On the back of long-term Power Purchase Agreements (PPAs) with central and state government entities, AGEL has leveraged its capabilities and expanded its presence across 12 Indian states. With the integration of pump storage and battery storage projects with large solar & wind portfolio, AGEL shall be best placed amongst peers to supply round-the-clock green power to India’s grid. The Company continuously adopts and deploys the latest technologies in its projects. With the target of 50 GW renewable energy capacity by 2030, AGEL is driving India on its renewable energy journey.

Job Purpose:

Executive - Billing, Scheduling and Coordination (Short Term) is responsible for assisting in managing special Short-term commercial projects, supporting documentation, invoicing, and reporting. The role ensures compliance with contractual terms and aids in revenue optimization through effective coordination and record-keeping.

Responsibilities

Billing, PPA, and Revenue Management:

Assist in the preparation and submission of accurate billing under Power Purchase Agreements (PPA)/PSA for Short-term projects, ensuring alignment with contractual obligations.Track and monitor revenue realization, addressing discrepancies promptly to minimize delays or losses.Collaborate with finance teams to reconcile billing data, support cash flow tracking, and ensure compliance with payment cycles and PPA provisions.

STOA Projects And Compliance

Handle NOAR registration, IEX/PXIL/HPX registration, and NOC applications for long-term open access (STOA) projects, ensuring compliance with deadlines, including obtaining NOCs from RLDC within one day.Assist in the scheduling, approval, and punching of STOA projects, ensuring all necessary updates are made in project-related PSA documentation.

STOA Fees And Reporting

Manage payments and refunds related to exchange fees, NOAR fees, and other fees related to STOA activities.Assist in the preparation of STOA MIS and other relevant STOA data and reports to ensure proper documentation and tracking.

MIS And Tracker Management

Maintain monthly generation trackers and outstanding loan and interest rate trackers for long-term projects.Support in preparing project finance-related MIS, including reports on financial closure, appraisal submissions, and requests for approvals.

Coordination And Stakeholder Engagement

Build and maintain strong relationships with various departments within the organization and external lenders to ensure smooth communication and collaboration.Assist in the preparation of internal notes, NFAs, and other documentation for management to facilitate better monitoring and decision-making.

Key Stakeholders - Internal

Sales TeamFinancial AnalystsProject ManagersBD TeamENOC TeamProject TeamO&M TeamTrading Team

Key Stakeholders - External

ClientsRegulatory Bodies,Statutory Bodies

Qualifications

Educational Qualifications:

B.E in Engineering, Bachelor's degree in Finance, Business Administration, or related field is required.Advanced certifications in project management or commercial management are preferred.

Work Experience

2-6 years of experience in commercial operations or project management.Proven ability to develop short-term strategies and manage stakeholder relationships.Experience in managing multiple projects and timelines.

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