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SOLAR FINANCE SPECIALIST

7 - 10 years

0 Lacs

Posted:14 hours ago| Platform: Linkedin logo

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On-site

Job Type

Contractual

Job Description

Your New Role Reporting to the Chief of Resource Mobilisation or a designated officer, you will provide essential front-end support across our business clusters. Your primary responsibility will be to support the Global Solar Facility (GSF) roll-out, including conceptualizing and closing commercial and financial and operational agreements with our competitively-selected fund manager, Africa 50, for the Africa Solar Facility (ASF) to start with. The work would also involve considerable stakeholder discussions / coordination and relationship-building to define the financial innovation and development of risk mitigation instruments in Africa, Latin America and Asia-Pacific region, aligning with the ISA’s mission to lead the energy transition through its member states. In this role, you will lead and implement critical financial engineering within the solar energy sector. This includes, but is not limited to, developing and utilizing catalytic financing models and risk-mitigation tools to assess the financial, commercial, and technical viability of renewable energy projects. Additionally, you will support discussion with global financial institutions, private sector developers, Climate Funds, International Financing Institutions (IFIs), and Government stakeholders on policies and regulations relating to clean energy finance.. Your Broader Scope of Work (but not limited to) • Strategically oversee financial analysis and modelling, evaluating the financial and technical feasibility of various programsin solar, battery, emerging renewables technologies and enabling investments such as, in the transmission space,. • Manage documentation and relationships with external stakeholders, including developers, potential solar entrepreneurs, investors, lenders, financial institutions, donors, and Development Finance Institutions (DFIs) to facilitate successful project financing. • Implementation of Africa Solar Facility of USD 200 million fund, focusing on risk mitigation and blended finance for Distributed Renewable Energy investments in Africa involving Government of India, Nigeria Sovereign Investment Authority, SE4ALL, World Bank, other partners jointly with ISA. • Developing Asia Pacific financing facility including potential use of Infrastructure Investment Trusts in India and other emerging economies. • Assist the Chief of Unit (Resource Mobilisation) with investor relations activities, including engaging with venture capitalists, preparing investor presentations, conducting financial due diligence, and managing donor and financial reporting, while strategically addressing investor inquiries. • Support ISA’s marketing initiatives by preparing relevant marketing materials, ensuring that all presentation documents are accurate and effectively convey the ISA's overall message and objectives. • Facilitate the timely flow of information between Resource Mobilisation and all relevant business clusters. • Ensure consistent implementation of programs in alignment with agreed financial parameters with donors, focusing on achieving key result areas across all clusters and operations. • Develop and manage a resource management system encompassing Corpus, grants, and optimal cost-recovery strategies, with an emphasis on financial sustainability and donor accountability. • Assist the Chief of Resource Mobilisation with team oversight and any additional professional requirements as necessary. Education An undergraduate degree (Master’s degree or equivalent desirable) specialising in Commerce/Finance or a relevant program. PROFESSIONAL EXPERIENCE • An experience that would match the scope of work mentioned in the “Broader Scope of Work” section above • 7 to 10 years of relevant professional work experience in Multilateral Organisations / DFIs / International Relations / Governments /financing / partnerships / public relations. • The above should include at least 3 years focusing on financial analysis and modelling and / or experience with risk mitigation instruments within a Solar / Climate / development / multilateral / public sector / private sector organisation. Experience of working with financial institutions through transaction advisory or policy reforms on clean energy finance would be preferred. • A sound experience in collaborative leadership, which has ensured that strategic direction is provided to internal and external groups. • A proven ability to develop and scope new funding/financing initiatives and projects, draft proposals, statements of programs, and other activities related to progressing international private sector, donor, and development partnerships. • Proven experience in establishing smooth relationship solutions, program financing support operations, and other day-to-day activities required to meet the member country objectives. • A strong experience in maintaining and fostering relationships with international agencies/government focal points / Donors / DFIs / NGO / CSO groups / embassies / Foundations and officials • A proven ability to convey complex financial information in a clear and concise manner (both oral and written) and to influence multiple external audiences as well as internal colleagues at all levels. • Proven track record of overseeing and producing policy briefs and communications products in various formats. • Proven networking and organizational skills. • Demonstrated project management Experience, including balancing multiple assignments from conception to completion on schedule and within budget. • Strong analytical, communication, presentation and drafting skills. Languages & IT skills The role demands substantial writing and verbal communications skills. As English is the official and working language of the Organization, excellent command of both written and spoken English is required. Knowledge of other languages (i.e., French, Spanish and Arabic) would be an advantage. The role demands substantial writing and verbal communications skills. Knowledge of other languages (i.e., French, Spanish and Arabic) would be an advantage. Satisfactory skills in Outlook, MS Office products, and experience with the various ERP systems required to manage this role is required. Your Place of Work (if successful with the recruitment process) This role will be based out of the Secretariat of the ISA, Gurgaon, Haryana State, or at the ISA’s facility in Delhi, India or any other facility deemed necessary by the ISA. The role will involve travel to meet relevant stakeholders in the geographical focus. Show more Show less

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