Experience: Chartered Accountant, 3-8 years post-qualification
About Varaha
Varaha is the largest carbon removal developer in Asia, working with more than 200,000 smallholder farmers. Trusted by brands like Google and Microsoft, we combine an exceptional team with deeply impactful work. Through regenerative agriculture, afforestation, and biochar, our projects remove carbon while simultaneously restoring soils, protecting biodiversity, and improving livelihoods far beyond our project boundaries. We are a profitable, rapidly growing company backed by premier global private equity and top-tier venture capital. Our roots are in India, and our impact is global.
The Chance
Varaha finances carbon removal projects the way renewable energy developers finance power plants: ring-fenced in SPVs, backed by offtake contracts with some of the strongest corporate counterparties in the world, and funded through rupee and foreign-currency debt facilities.
This role owns the numbers and the process behind those raises.
You build the models that lenders underwrite against, run the diligence they put us through, compare the term sheets they send back, and assess the risks in a structure before we commit to it. You work directly with the commercial lead who drives these relationships and with our finance and legal teams.
Carbon project finance today resembles renewables project finance in its early years, with real cash flows and serious counterparties but limited precedent. Standard structures for this asset class do not exist yet, so the models and documentation you work on will often be developed for the first time.
Over time the role extends into commercial deal finance: offtake pricing economics, portfolio settlement scenarios, and the financial structuring of large carbon sales.
Reporting To: CCO
Key Responsibilities
Build and own the models. SPV cash flows, IRR and cost-of-capital analysis across instruments, dividend feas