About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change.

With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly.

ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner.

ReNew stands committed to providing clean, safe, affordable,



and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Purpose To manage end-to-end invoice processing, payment execution, budgeting, vendor contracts, provisioning, and MIS reporting through SAP while ensuring compliance, accuracy, and timely payments to vendors.

Key Responsibilities1. Invoice Management

- Ensure timely processing and booking of vendor invoices in SAP.
- Verify invoices against Purchase Orders (PO), Goods Receipt Notes (GRN), and contractual terms.
- Ensure compliance with GST, TDS, and company policies.
- Resolve invoice discrepancies with vendors and internal stakeholders.

1. Payment Execution

- Process vendor payments as per agreed payment terms and company policies.
- Monitor payment schedules and ensure timely execution through SAP.
- Coordinate with Treasury and Finance teams for payment releases.
- Track and resolve payment-related issues and vendor escalations.

1. Budget vs Actual Monitoring

- Prepare monthly Budget vs Actual analysis for expenses under respective categories.
- Identify cost variances and provide explanations for deviations.
- Support budget forecasting and expense control initiatives.

1. MIS for Invoicing & Payments

- Prepare monthly MIS reports for invoice processing, payment status, outstanding liabilities, and vendor aging.
- Develop dashboards and reports to track KPIs and operational performance.




- Provide management with actionable insights on spending trends and payment compliance.

1. Invoice Provision Management

- Calculate and record monthly invoice provisions and accruals for unbilled expenses.
- Coordinate with business teams to obtain supporting documents for provisions.
- Ensure timely reversal and adjustment of provisions in SAP.
- Support month-end and year-end financial closing activities.

1. Vendor Contract Management

- Maintain vendor contract database and track contract validity.
- Review contract terms, pricing, escalation clauses, and service-level commitments.
- Coordinate contract renewals and amendments with Procurement, Legal, and Business teams.
- Ensure invoices are processed in line with approved contractual terms.

Key Performance Indicators (KPIs)
- 98% invoices processed within SLA.
- 99% invoice posting accuracy.
- 100% payment execution as per approved payment schedules.
- Timely completion of monthly Budget vs Actual reports.
- Accurate provisioning with zero material audit observations.
- Timely renewal and compliance of vendor contracts.
- Reduction in invoice aging and vendor payment escalations.

Skills Required
- SAP FI/MM knowledge.
- Accounts Payable and P2P process expertise.
- Budgeting and financial analysis.
- Vendor and contract management.
- Advanced MS Excel and MIS reporting.
- Solid analytical, reconciliation, and stakeholder management skills.

Role Summary Responsible for Invoice Management, Payment Execution, Budget vs Actual Analysis, MIS Reporting, Invoice Provisions, and Vendor Contract Management through SAP, ensuring compliance, financial accuracy, operational efficiency, and timely vendor settlements.

📌 Assistant Manager - Administration & Security (Haryana)
🏢 RENEW
📍 Haryana