Chief Financial Officer - Power/Solar/Battery/Renewable Energy Sector - CA/IIM/ISB/MDI/FMS

Job Purpose:

Power/Solar/Battery/Renewable background please apply

Ensure robust financial governance and value creation for Company's BESS business, encompassing commercial leadership and contracts management, financial planning & analysis, accounting, compliance, taxation, treasury, audit, and risk management across manufacturing, EPC/solutions, and O&M/service lines.

The role will steward the financial architecture for a 120 GWh BESS portfolio-70 GWh capitalized for internal use (grid services, renewables integration, refining/petrochem operations, captive needs) and 50 GWh commercial sales-delivering transparent performance, cost efficiency, capital discipline, and adherence to Ind AS/IFRS and global regulatory standards.

Job Accountabilities:

1) Financial Strategy & FP&A

- Build the 3-5 year long-range plan for BESS across manufacturing, EPC/solutions, and O&M/service; align with overall Battery Business strategy.

- Create unit economics frameworks (cell/module/pack) for BESS including BOM cost curves, learning rates, yield assumptions, and capacity ramp profiles.

- Engage with suppliers for commercial discussions, validate the terms and conditions in line with the units economics and financial targets, monitor the performance of the suppliers and work on improving deliverables year on year

- Set pricing strategy for 50 GWh external sales across utility-scale, C&I, and behind-the-meter segments; incorporate lifecycle cost, performance guarantees, and service bundles.

- Establish transfer pricing & internal settlement mechanisms for 70 GWh capitalized assets deployed within Company (e.g., grid balancing, peak-shaving, ancillary services).

2) Capital Allocation & Project Finance

- Lead CAPEX funding structures, including stage-gate controls, CWIP tracking, and capitalization policy for manufacturing lines and internal BESS deployments.

- Structure financing for large external projects (EPC + O&M), including SPV arrangements, nonrecourse/limited recourse project finance, and government incentives.

- Optimize cost of capital via treasury strategies (hedging commodities & FX, interest rate management), working capital lines, and vendor financing.

3) Accounting, Controls & Compliance

- Co-Own financial controllership along with Accounts COE: GL, closing, Ind AS/IFRS reporting, consolidation, audit readiness.

- Implement standards (property, plant, and equipment) for internal capitalization; oversee depreciation, impairment testing, and componentization.

- Implement standards of revenue recognition for multi-element contracts (hardware + software/EMS + installation + O&M), including warranty reserves, performance LDs, and contract assets/liabilities.

- Establish inventory valuation policies for raw materials (lithium, nickel, cobalt, graphite), WIP, finished goods; manage scrap & yield governance.

4) Taxation & Regulatory

- Optimize GST, customs duty, SEZ/EOU benefits where applicable; lead transfer pricing documentation for intercompany flows.

- Maximize PLI/State incentives, renewable and storage-specific policy benefits, and carbon credits compliance where applicable.

- Ensure global compliance for exports or international subsidiaries (US/EU, Middle East, APAC) including regulatory filings, assurance, and local tax regimes.

5) Risk & Assurance

- Establish internal controls and automated risk dashboards along with Compliance COE; lead internal audit plans for manufacturing and projects.

- Support commodity risk frameworks (hedging strategy for lithium/nickel), FX risk on import content, and contract risk for EPC/O&M performance guarantees.

- Govern product reliability provisions: warranty, degradation, recycling/EPR obligations, and endof-life liabilities.

6) Operational Finance & Performance

- Build zero-based budgeting and cost excellence programs-target yield improvement, throughput, energy cost per kWh, and OEE-linked cost metrics.

- Implement AOP finance integration for capacity planning, demand shaping, and inventory.

- Create KPI dashboards (digital): gross margin bridges, cash conversion cycle, project IRRs, backlog-to-revenue burn, and service attach rates.

7) Systems & Analytics

- Drive ERP/Finance digitization-SAP S/4HANA (or equivalent) with CO/FICO, PS, MM, PP, SD, plus HFM/Anaplan/Tagetik for planning & consolidation.

- Deploy project accounting, cost-to-complete, and revenue recognition engines for EPC/O&M contracts.

- Institute data governance: BOM versions, batch genealogy, warranty/field performance data feeding back into financial models.

- Support the design and development of an AI first organization and plan talent development accordingly

Required Skills & Qualifications

- CA (preferred) and/or MBA (Finance) from a Tier-1 institute.

- 18-20+ years in finance leadership across manufacturing, energy, infrastructure, EPC or industrial technology, with scale-up experience.

- Deep expertise in FP&A, controllership, taxation, compliance, internal controls, audit, and treasury/FX/commodity risk.

- Hands-on with Ind AS/IFRS, revenue recognition for multi-element agreements, project finance, and capitalization policies.

- Proven success in ERP transformation (SAP/Oracle), planning & consolidation tools, and building performance dashboards.

- Strong commercial acumen: pricing, contracts (EPC/O&M), performance liquidated damages, availability guarantees, and service monetization.

- Excellent stakeholder management-partnering with business heads, operations, engineering, procurement, and policy/regulatory teams.

- Comfort with global operations and cross-border compliance; ability to set governance for imports/international subsidiaries.

- Preferred: exposure to battery manufacturing/BESS, renewables integration, grid services markets, and PLIs/incentives.

Success Measures

Financial:

- Accurate LRP and annual operating plans; variance within - 3-5%.

- Gross margin uplift via cost engineering & yield improvement (targets).

- Working capital optimization (DSO/DPO/DIO targets per BU), cash conversion cycle down

- Capex efficiency: >95% adherence to stage-gates,

Power / Solar / Battery /Renewable background candidates please apply