Vibrant Energy is a portfolio company of Macquarie Asset Management's Green Investment Group (MAM-GIG) with a mission to lead the decarbonization initiatives for corporate renewable energy customers and help them to attain a more sustainable, resilient, and low-cost energy future. Vibrant is operating and delivering c. 2GW of renewable energy solutions for corporates. https://www.vibrantenergy.in Primary Responsibility: Manager - Procurement shall be responsible for Procurement, Costing, Vendor development, market Intelligence, Supplier relationship development with Wind Turbine Suppliers and BOP (Balance of Plant) service providers and contractors for identified Wind energy development projects. Key Responsibilities: 1. Work collaboratively with the Business Development, Design and Engineering team, Project Development team and Construction management to understand Wind project timelines and related constraints. 2. Lead the Sourcing & Procurement Operations like Tactical Buy, Contracting, Transaction Processing, Vendor Management & Catalog Management functions. 3. Ensure purchases for required goods or services are made by recommending and/or complying to Approved, appropriate supplier/s, costs, processes, etc. 4. Lead identifying, selecting, and qualifying of WTG Suppliers and BOP Vendors and contractors for non-project specific standard framework agreements including strategic fit, payment terms, cost roadmap, cycle time reduction, EHS, quality, capacity planning of the regions long-term demand. 5. Coordinate RFP process, organize, manage the review of bids from multiple WTG Suppliers/BOP/ O & M contractors for conformity to contract requirements and determine acceptable bids. 6. Maintain close relationships with multiple WTG Suppliers/ BOP/ O & M partners to negotiate and execute contracts within project budget, ensure proper documentation and order confirmations. 7. Implement global sourcing strategies to support project team, providing the company competitive advantages in area of WTG, Wind BOP and O&M. 8. Should have good knowledge of: Rate contract, Service contract, Spend analysis, category wise purchase strategy, Preparation of comparative statement Different international standard (BIS, IS, IEC etc.) Import, High sea sale, Freight line Custom clearance Various tax structure like GST, Custom duty etc. All types of insurance policy. 9. Managing procurement plan within budgeted cost. 10. Manage suppliers, cost, quality, delivery performance and payment terms. 11. Coordinate with legal counsel for litigation and participate in the amendment, termination and renegotiation of contracts. 12. Coordinate with Finance team for Payment settlement to the vendors, MIS, Cash flow planning and various other reports. 13. Understand and uphold internal and external polices, regulations and laws. 14. Understands cost structure and knowledge of supply base of various electrical systems used in power plants. 15. Knowledge of mechanical and civil engineering will be an additional advantage. Professional Education / Experience: Bachelors degree in Engineering with major preferably in Electrical from premium institute/ university. Successful track record for 8 to 10 years in procurement/ supply chain, ideally in a project driven organization like Wind Power Project developers (IPP). SKILL SETS: 1. Strong category/commodity management experience with advanced and strong negotiation skills. 2. Solid structuring and analytical skills to keep track of multiple projects and vendors. 3. Proficiency in Microsoft Office; data analysis using Advance Excel and Power point 4. Experience with using an ERP system such as Oracle Net Suite for sourcing materials. 5. Advanced communication skills (written and verbal) in English ability to present to internal organizations. 6. Hands-on experience in handling WTG suppliers/BOP/O&M Contractors.
Key Responsibilities: Strategic Financial Planning: o Drive annual budgeting and long-term financial planning for renewable energy projects and corporate operations. o Develop robust financial models for project feasibility, tariff structures, and regulatory impacts. Forecasting & Performance Management: o Deliver accurate monthly, quarterly, and annual forecasts for revenue, generation, O&M & SG&A costs. o Analyze variances and recommend actions to improve profitability and project ROI. Investment & Project Analysis: oEvaluate new projects, PPAs (Power Purchase Agreements), and M&A opportunities. o Conduct scenario modelling for energy pricing, carbon credits, and government incentives. Reporting & Insights: o Prepare executive-level presentations for leadership and investors, highlighting project performance and market trends. o Implement automation and efficiency in reporting using Advanced Excel/BI tools and renewable energy-specific metrics. Leadership & Stakeholder Management: o Lead and mentor FP&A team members. o Collaborate with engineering, operations, commercial, projects and regulatory teams to align financial goals with sustainability objectives.
Key Responsibilities Treasury & Liquidity Management Manage daily cash positions, bank reconciliations, and payment runs. Ensure compliance with escrow/TRA waterfall structures, DSRA funding, and reserve adequacy. Optimize short-term investments and maintain liquidity buffers. Cashflow Forecasting & Fund flow Prepare rolling weekly cashflow forecasts and monthly projections. Forecast funding requirements for operating assets and projects under construction. Assess capital calls and determine debt drawdown requirements based on project schedules and covenants. Project Payment Tracking & Reconciliation Track actual project payments against approved budgets for EPC, O&M, land, and other vendors. Reconcile payments against outstanding creditors and ensure timely settlement. Maintain Spend S-Curve for projects to monitor budget adherence and cash burn trends. Trade Finance Trade Finance: Manage issuance and tracking of Letters of Credit (LCs), Bank Guarantees (BGs), and other trade finance instruments for contracts, imported equipment, and O&M vendors; PSAs, ensure compliance with contractual terms, optimize costs, and coordinate with banks for timely execution. Debt Management & Lender Interface Coordinate loan drawdowns, interest payments, and principal repayments. Monitor covenant compliance (DSCR, leverage ratios) and prepare treasury oriented lender reporting packs. Support refinancing and new debt negotiations. Working Capital & Collections Partner with Commercial Finance to improve DSO, accelerate collections, and manage aging receivables. Optimize payables and advances to maintain healthy working capital cycles. Risk Management Ensure compliance with treasury policies and regulatory requirements (RBI, FEMA). Audit & Governance Ensure closure of periodic internal audits and statutory audits related to treasury and fundflow. Implement treasury SOPs, approval workflows, and audit-ready documentation. Drive automation in cashflow reporting and fundflow dashboards.