Company Description Lumara Energy is focused on accelerating renewable energy development by resolving key structural challenges in the sector. The company’s platform tackles critical bottlenecks such as delays in power purchase agreement (PPA) contracting, slow grid connection queues, and lengthy land acquisition timelines. By streamlining these processes, Lumara helps renewable projects reach commercialization faster and more efficiently.

Team members contribute directly to improving the reliability and scalability of clean energy infrastructure.

Lumara

Energy offers an opportunity to work at the intersection of energy, technology, and finance to drive meaningful climate impact.

Position: Manager – Treasury

Experience – 6-10 years

Location - Mumbai

Role Description This is a full time, on-site Treasury Manager role based in Mumbai.

The Treasury

Manager will oversee daily cash management activities, including monitoring bank balances, managing liquidity, and ensuring adequate funding for operational and project needs. The role will involve forecasting cash flows, optimizing working capital, and coordinating with finance, accounting, and project teams to support ongoing and upcoming renewable energy developments.

The Treasury

Manager will manage banking relationships, negotiate banking products and services, and support debt facilities and other financing arrangements.



The position also includes implementing and maintaining treasury policies, monitoring financial risks such as interest rate and currency exposure, ensuring compliance with internal controls, and preparing regular treasury reports for leadership.

Qualifications

- Liquidity and investments: Manage day-to-day treasury operations, including cash flow forecasting, deployment of surplus cash into FDs and mutual funds within approved investment policy limits, and monitoring of returns and counterparty exposure.
- Trade finance: Handle issuance, renewal and tracking of bank guarantees and letters of credit, including limit utilisation across banks, margin money, and timely release or extension against project and supplier commitments.
- FX risk: Execute and monitor forex hedges (forwards, options) for import payables and foreign currency exposures in line with the hedging policy, including MTM tracking and hedge documentation.
- Lender management: Track and close conditions precedent and conditions subsequent under long-term loan agreements, manage drawdown documentation, and coordinate timely information flow to lenders, lenders’ engineers and rating agencies.
- Compliance: Own treasury compliances such as covenant monitoring, DSRA maintenance, FEMA/RBI filings (ECB, ODI where applicable), and bank account and signatory governance.

Interested candidates can share their CVs at [email protected]

📌 Treasury Manager (Mumbai)
🏢 Lumara Energy
📍 Mumbai