Chief Financial Officer

Company Description

Greta Energy Ltd. (GEL), a subsidiary of the Greta Group, operates a 15 MW biomass-based power plant in Chandrapur, Maharashtra, India coming up with an integrated Steel plant. The Greta Group is a globally diversified conglomerate with operations in scrap recycling, power generation, rice processing, and mining. With offices in multiple countries and over 500 professionals, the Group achieved a revenue of approximately USD 1.0 billion in FY 2025.

Role Description

This is a full-time on-site role for a Chief Financial Officer at GRETA ENERGY LIMITED located in Nagpur. The Chief Financial Officer (CFO) will be a key member of the leadership team for the upcoming integrated steel plant project. The CFO will have overall responsibility for financial strategy, capital structuring, fund-raising (both debt and equity), and financial governance. This role demands strong expertise in project financing, investor relations, and financial controls to ensure timely execution of the project and long-term sustainability.

Key Responsibilities

Fund Raising & Capital Structuring

• Lead the fund-raising strategy for the steel plant project through a mix of debt and equity financing, including project finance, structured finance, mezzanine funding, and private equity participation.
• Develop strong relationships with banks, financial institutions, export credit agencies (ECAs), private equity funds, and strategic investors.
• Negotiate term sheets, debt covenants, equity subscription agreements, and shareholder arrangements to secure favourable terms.
• Explore opportunities for green finance, sustainability-linked bonds, and concessional funding in line with the company’s commitment to sustainable steelmaking.
• Coordinate with rating agencies, legal advisors, and financial consultants to complete due diligence and financial closure.

Financial Strategy & Governance

• Oversee preparation of detailed project financial models, sensitivity analyses, and cash-flow forecasts.
• Provide financial inputs to support business planning, capex phasing, and project scheduling.
• Establish robust internal financial controls, risk management systems, and compliance frameworks (statutory, taxation, and regulatory).

Stakeholder Management

• Act as the coordinator for the project in discussions with lenders, investors, government agencies, and rating bodies.
• Build and maintain transparent communication with the Board of Directors, promoters, and strategic partners on fund-raising progress and financial health.
• Support CEO and Chairman in investor presentations, roadshows, and negotiations.

Operational Finance & Reporting

• Oversee budgeting, MIS reporting, treasury management, and working capital optimization.
• Ensure adherence to IFRS/Ind-AS standards and timely audits.
• Monitor financial KPIs and ensure alignment with project milestones and shareholder expectations.

Qualifications & Experience

• Chartered Accountant (CA), MBA (Finance), or equivalent qualification.
• Minimum 20+ years of experience, with at least 10 years in senior financial leadership roles in manufacturing/infrastructure/steel sector.
• Proven track record of raising large-scale project finance (debt & equity), preferably in capital-intensive industries.
• Strong knowledge of domestic and international capital markets, ECB guidelines, ECA-backed financing, and Indian banking ecosystem.
• Excellent negotiation, communication, and stakeholder management skills.

Key Competencies

• Strategic financial planning and fund-raising acumen.
• Strong analytical and problem-solving skills with ability to manage complex financial structures.
• Integrity, transparency, and governance-oriented leadership.
• Ability to operate in a fast-paced, greenfield project environment.

Interested candidates can send their resume to “career_dubai@greta.in and CHRO@greta.in” with the subject line: “Application for CFO-Steel.”