Head - Finance & Commercial (DevCo.) (Maharashtra)

Head - Finance & Commercial (DevCo.) (Maharashtra)

06 Aug
|
Suzlon Group
|
Maharashtra

06 Aug

Suzlon Group

Maharashtra

Role Purpose: The Finance & Commercial Head will serve as the strategic finance and commercial leader for DevCo, responsible for driving profitability, maximizing enterprise value, ensuring financial governance, and providing commercial leadership. The role will partner closely with functional leaders to support business growth, optimize asset monetization, enhance financial performance, manage treasury and taxation, and ensure robust commercial controls within the SAP S/4HANA setting.

The incumbent will be accountable for safeguarding financial interests while enabling business decisions that enhance shareholder value and sustainable profitability.

Key Responsibilities: 1.

Financial

Planning, Budgeting & Control

Lead annual business planning, budgeting, forecasting, and long-range financial strategy.

Establish robust budgetary controls and monitor financial performance against approved plans.

Drive cost optimization initiatives without compromising business objectives.

Ensure timely financial reviews and corrective actions to achieve targeted profitability. 2.

Commercial

Strategy & Governance

Define and implement commercial frameworks, approval matrices, and authority structures within SAP S/4HANA.

Establish commercial norms, contractual terms, and governance mechanisms for development and asset sales.

Ensure compliance with Delegation of Authority (DOA/DAP) requirements and commercial approval processes. 3. .

Strategic

Transactions & Investment Evaluation

Lead financial evaluation and execution support for: SPV (Special Purpose Vehicle) sales and acquisitions.

Share Purchase Agreements (SPA).

Share Pledge structures and transactions.

Business restructuring and strategic investments.

Valuation of renewable energy and power sector companies.

Coordinate with legal, tax, lenders, investors, and advisors during transactions. 4.

Development

Sales & Commercial Evaluation

Evaluate business opportunities, asset sales, and development projects from commercial and financial perspectives.

Lead valuation assessment, pricing strategy, bid evaluations, and commercial negotiations.





Develop and maintain strong client relationships to maximize transaction value and business opportunities.

Support strategic decision-making related to asset monetization and project divestments. 5.

Business Value

Enhancement

Identify opportunities to improve return on investment and enhance divisional value.

Support strategic initiatives including acquisitions, divestments, restructuring, and asset monetization.

Provide financial insights and recommendations to improve business performance and enterprise value. 6.

Internal Commercial

Negotiations

Lead internal commercial discussions with cross-functional and business teams.

Ensure appropriate pricing and transfer values for assets and services provided across divisions.

Drive commercially balanced decisions that protect the division's financial interests.

- Taxation, Compliance & Corporate Governance

Ensure compliance with direct and indirect tax regulations.

Drive risk management, internal controls, statutory compliance, and financial governance.

Coordinate with auditors, consultants, and regulatory authorities.

Maintain strong governance standards across all commercial and financial activities.

- Team Leadership & Capability Building

Lead Finance, Commercial, and Controlling functions.

Develop high-performing teams through coaching, succession planning, and capability enhancement.

Drive employee engagement, retention, and talent development within the function. 9.

Profitability

Management

Own divisional P&L; performance and profitability objectives.

Partner with business leaders to improve margins, optimize costs, and maximize financial returns.

Establish performance measures and dashboards to monitor business health and financial outcomes.

Key Accountabilities: Lead and drive value maximization through SPV sales, development asset monetization, strategic partnerships,



strategic partnerships and transaction structuring. Own and drive project financing initiatives across the DevCo portfolio, including SPV-level funding, lender relationship management, refinancing, structured financing solutions. Achievement of budgeted EBITDA, cash flow, and profitability targets.

Effective treasury and working capital management.

Governance and compliance adherence.

Commercial risk mitigation and value optimization.

Successful execution of asset monetization and strategic transactions.

Development and retention of finance and commercial talent.

Accurate and timely financial reporting and business insights.

Desired Candidate Profile: Education

Chartered Accountant (CA) – Mandatory

MBA (Finance) / CFA – Preferred Experience

18–25 years of progressive experience in Finance, Commercial, Treasury, and Business Finance leadership roles.

Experience in Renewable Energy, Infrastructure, Power, Asset Development, or Capital-Intensive Industries preferred.

Proven experience in: Budgeting, forecasting, and financial controlling.

Development sales and commercial negotiations.

Treasury and cash management.

SPV sales and acquisitions.

Share Purchase Agreements (SPA).

Share pledge transactions.

Valuation of power and renewable energy companies.

Taxation, compliance, and corporate governance.

Leadership of large finance and commercial teams.

Key Competencies: Functional Competencies

Strategic Finance

Commercial Acumen

M&A; and Transaction Advisory

Treasury Management

Valuation & Financial Modeling

Taxation & Regulatory Compliance

Contract Management

SAP S/4HANA Governance Leadership Competencies

Strategic Thinking

Business Partnership

Executive Stakeholder Management

Negotiation & Influencing

Team Building & Talent Development

Decision Making Under Ambiguity

Results Orientation Success Measures

Sustainable divisional profitability growth.

Enhanced valuation and monetization outcomes.

Strong governance and compliance record.

Optimized cash flow and working capital.

Successful execution of strategic transactions.

High-performing and engaged finance organization.

📌 Head - Finance & Commercial (DevCo.) (Maharashtra)
🏢 Suzlon Group
📍 Maharashtra

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