Posted:5 days ago|
Platform:
Work from Office
Full Time
a) Monthly Billing: Prepare, verify, and submit accurate monthly power invoices to the Tamil Nadu State Designated Agency (e.g., TANGEDCO), ensuring strict adherence to the Power Purchase Agreement (PPA) terms and regulatory tariffs. b) Daily Transaction Reconciliation: Monitor and reconcile daily energy schedules, ABT/smart meter data, open access charges, and commercial parameters (Variable Cost, Fixed Cost recovery) against operational data. c) Deviation Settlement Mechanism (DSM): Calculate, verify, and reconcile the indicative weekly and monthly DSM charges/payments for both the generating station and the off-taker, ensuring alignment with State and Central regulations. d) Payment & Receivable Tracking: Track payment cycles, follow up on outstanding receivables, and coordinate with the finance team for timely payment realization.
a) Scheduling Procedures: Ensure strict adherence to the Day-Ahead and Real-Time scheduling procedures as mandated by the State Load Despatch Centre (SLDC) and Regional Load Despatch Centre (RLDC) for both long-term and short-term sales. b) Short-Term Coordination: Coordinate the execution, documentation, and commercial settlement processes for all short-term power trades with Power Trading Companies (PTCs) and Power Exchanges (IEX/PXIL/HPX). c) Regulatory Awareness: Track and communicate changes in grid codes, open access regulations, and regulatory tariff orders issued by CERC/TNERC that impact billing or scheduling.
a) MIS Preparation: Develop and maintain comprehensive daily, weekly, and monthly MIS reports for Senior Management. b) Financial Tracking: Prepare and analyze reports on crucial commercial KPIs, including billing status, accounts receivable (A/R) aging, and revenue realization against budgeted targets.c) Data Analysis: Conduct analysis of power market price trends, generation performance, and billing variances to support revenue optimization and risk management strategies.
a) Educational Background: Bachelor's degree in Engineering, Finance, Accounting, Business Administration, or a related field. An MBA in Power Management is a strong plus.b) Industry Experience: Proven experience (5-8 years, depending on level) in the Power Sector/Energy Utility domain, with hands-on experience in Power Billing, PPA/PMSA management, and Regulatory Affairs.c) Core Knowledge / Financial Acumen: Strong understanding of commercial terms in PPA/Power Sales Agreement (PSA), revenue accounting, and accounts receivable management.d) Regulatory Familiarity: Understanding of the scheduling and dispatch regulations under the Indian Electricity Grid Code (IEGC) and State Grid Codes.e) Tools Proficiency: Advanced proficiency in Microsoft Excel for data analysis, modelling, and MIS reporting. Familiarity with Energy Trading and Risk Management (ETRM) or billing/ERP software is desirable.
a) Attention to Detail & Accuracy
b) Strong Communication and Negotiation Skillsc) Analytical and Data Interpretation Abilityd) Ability to handle regulatory and commercial deadlines. Posting : Kolkata Corporate Office but ready to travel Tuticorin frequently .
Rashmi Metaliks
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