Regional Finance Head

Lead the finance function of the renewable energy platforms of ACEN in India, US, and Phlippines. This role covers governance, compliance, tax, risk, funding, and reporting, while driving strategic financial planning and cost optimization. Ideal for a senior finance professional with strong leadership skills, sharp business acumen, and experience in complex, cross-border operations.

Roles and Responsibilities

Governance

• Ensure compliance by the group with the shareholders' agreement and the management delegation manual signed with partners.
• Ensure compliance with existing loan covenants, as applicable.
• Ensure robust internal controls and processes are in place.
• Ensure the timely acquisition and maintenance of business permits and compliance with real property tax obligations.
• Actively engage in addressing financial issues that intersect with legal matters, providing support and guidance to ensure effective resolution and risk mitigation.

Tax Compliance and Tax Planning

• Oversee tax compliance and develop strategic tax planning initiatives to optimize financial performance and ensure adherence to relevant tax regulations.
• Foster strong relationships with key government agencies to support regulatory alignment and facilitate business operations.

Risk Management

• Ensure appropriate insurance policies are in place and renewed.
• Monitor the group's financial risks (e.g., forex, interest rates, collection risks).

Cash, Working Capital, and Funding Management

• Manage the group's cash flow and ensure sufficient working capital for sustainable operations.
• Ensure the investment of idle funds into term deposits, as allowed under loan agreements and the shareholders' agreement.
• Maximize the sweeping of available cash for dividends and identify the timing of distributions to shareholders.
• Manage equity funding requests, negotiate, and maintain financing to ensure a sustainable and optimal capital structure.
• Lead or co-lead project financing activities for CAPEX, ensuring effective funding strategies and cost management.
• Ensure efficient treasury operations.

Statutory and Management Reporting

• Ensure timely and accurate preparation of financial reports (both statutory and management reporting) in accordance with PFRS.
• Ensure that major issues and key risks are communicated promptly to relevant parties.
• Lead the management of external and internal audit activities.

Financial Planning and Budgeting

• Coordinate the annual budget in line with the group's strategic direction.
• Monitor and review the group's performance to investigate and report on key risks and issues.
• Monitor rolling forecasts to reflect realistic performance and targets, and propose corrective actions if needed.
• Develop a budget and forward plan aligned with ACEN's budgeting cycle, secure necessary approvals, and ensure collective commitment to implementation.

Cost Optimization and Resource Management

• Improve and optimize operational costs by leading functions in assigned partnerships such as Finance, Procurement, and Warehousing.
• Oversee the outsourcing and expansion of functions to shared services to streamline operations.
• Establish a Comptrollership function within assigned partnerships or platforms to implement control processes for effective expense management.

People Leadership and Development

• Build and lead a high-performing team, providing mentorship and guidance to support their professional growth.
• Support the team in navigating complex project dynamics.

Qualifications

• At least 12 years of relevant experience in a management role, with a strong financial accounting background involving controllership, audit, taxation, compliance, and corporate finance.
• Exposure to India and US companies is an advantage.
• Background in the renewable energy industry is an advantage.
• Demonstrates strong business acumen, planning and organizational skills, and attention to detail.
• Strong leadership and stakeholder management skills.