Financial Planning Analyst

Key Responsibilities

1. Asset Financial Management

• Own the financial performance of the assigned renewable energy portfolio.
• Prepare and monitor asset-level P&L statements, budgets, forecasts, cash-flow statements, and variance analysis.
• Track revenue, operating expenses, CAPEX, working capital, debt service, taxes, insurance, and other financial obligations.
• Analyze actual performance against budget, business plan, PPA assumptions, and financial model.
• Identify opportunities to improve asset profitability and cash generation.
• Develop monthly, quarterly, and annual financial performance reports for management and investors.

2. Debt & Project Finance Management

• Manage financial obligations associated with project debt, including:

• Principal repayments

• Interest payments

• Debt service schedules

• DSCR monitoring

• Reserve accounts

• Financial covenants

• Lender reporting

• Review financing agreements and monitor compliance with debt covenants.

• Coordinate with banks, lenders, financial institutions, and investors.

• Monitor refinancing opportunities and evaluate refinancing impacts on project returns.

• Identify potential covenant breaches and develop mitigation plans.

• Maintain accurate debt schedules and financial models.

3. Revenue & Generation Management

• Monitor plant generation and revenue against the approved business plan and PPA assumptions.

• Analyze the financial impact of:

• Generation underperformance

• Plant availability

• Curtailment

• Degradation

• Grid outages

• PPA performance

• REC revenue

• Energy pricing

• O&M costs

• Work closely with technical/O&M teams to quantify the financial impact of operational issues.

• Develop revenue-loss and underperformance calculations.

• Support recovery of damages, insurance claims, liquidated damages, and contractual compensation.

4. P&L and Financial Performance

• Prepare and maintain project-level and portfolio-level Profit & Loss statements.

• Monitor:

• Revenue

• EBITDA

• Operating expenses

• Financing costs

• Depreciation

• Taxes

• Net income

• Free cash flow

• Perform monthly financial close and variance analysis.

• Explain material deviations from budget and forecast.

• Develop corrective action plans for underperforming assets.

5. Financial Modeling & Investment Analysis

The candidate must be highly proficient in renewable-energy financial modeling and investment analysis.

Responsibilities include:

• Develop and maintain project financial models.

• Calculate and analyze:

• IRR

• Project IRR

• Equity IRR

• NPV

• NPFA / Net Present Financial Analysis, where applicable

• Payback period

• DSCR

• EBITDA

• Cash-on-cash return

• Debt/equity ratios

• Perform IRR sensitivity analysis for changes in:

• Generation

• PPA price

• Energy price

• O&M costs

• CAPEX

• Interest rates

• Debt tenor

• Inflation

• Degradation

• Tax assumptions

• Develop downside, base-case, and upside scenarios.

6. Stress Testing & Risk Analysis

• Conduct financial stress tests for renewable energy projects.

• Develop scenarios such as:

• 520% generation reduction

• PPA revenue reduction

• Increased O&M costs

• Major equipment failure

• Extended outage

• Interest-rate increase

• Debt refinancing risk

• Delayed payments

• Insurance claim delays

• Major CAPEX requirements

• Assess the impact of stress scenarios on:

• IRR

• NPV

• Cash flow

• DSCR

• Debt repayment

• Equity returns

• Project profitability

• Present recommended mitigation strategies to senior management.

7. Legal & Contractual Liability Management

• Review and monitor financial and commercial obligations under:

• PPAs

• EPC contracts

• O&M agreements

• Loan agreements

• Lease agreements

• Interconnection agreements

• Asset management agreements

• Insurance policies

• Identify potential contractual liabilities and financial exposure.

• Maintain a Contractual Liability & Obligation Register.

• Track:

• Liquidated damages

• Performance guarantees

• Warranties

• Indemnification obligations

• Insurance requirements

• Payment obligations

• Default provisions

• Termination provisions

• Coordinate with legal counsel on disputes, claims, notices, settlements, and contractual enforcement.

• Quantify financial exposure arising from legal and contractual disputes.

8. Governance & Compliance

• Establish and maintain strong financial governance across the renewable energy portfolio.

• Ensure compliance with:

• Financing agreements

• PPA requirements

• Corporate policies

• Internal controls

• Regulatory requirements

• Investor requirements

• Develop approval matrices and financial controls.

• Ensure proper documentation and audit trails for major financial decisions.

• Support internal, external, lender, investor, and statutory audits.

• Maintain asset-level governance calendars and compliance trackers.

9. Accounts Receivable & Payable

• Monitor customer/PPA receivables and payment collections.
• Track overdue invoices and outstanding balances.
• Coordinate with Accounts/Finance teams to resolve payment issues.
• Monitor vendor payments and contractual payment obligations.
• Prepare aging reports and cash-flow forecasts.
• Escalate material payment delays and credit risks.

10. Asset Performance & Commercial Optimization

Work closely with technical Asset Management/O&M teams to translate operational performance into financial impact.

• Analyze financial impact of plant availability and generation.
• Evaluate major repair versus replacement decisions.
• Assess warranty claims and equipment replacement economics.
• Review O&M contracts and identify cost-saving opportunities.
• Evaluate CAPEX proposals based on financial return.
• Support decisions relating to inverter replacement, module replacement, major equipment repair, and plant upgrades.
• Develop business cases for asset optimization initiatives.

11. Investor & Management Reporting

Prepare high-quality financial reports for:

• Senior Management
• Investment Committee
• Investors
• Lenders
• Banks
• Asset owners
• JV partners
• Board-level stakeholders

Reports should include:

• P&L
• Cash flow
• Budget vs. actual
• Forecast
• Debt position
• Revenue performance
• Generation performance
• IRR/NPV
• Financial risks
• Contractual liabilities
• Key financial KPIs
• Corrective actions