Role Overview

You will be responsible for financial structuring and lender relationship management for Hodular's PPA pipeline. This is a front-facing commercial role — you will be involved in significant financial decision the company undertakes, from initial deal structuring through to financial close, working in close coordination with the Founder.

Key Responsibilities

Deal Structuring

• Structure project finance transactions for PPA/RESCO/BOOT projects, including debt-equity mix, DSCR sizing, and cash flow waterfall design
• Develop and maintain detailed project finance models for rooftop solar IPP assets
• Evaluate alternative financing structures including group captive arrangements, zero-equity models, and contractor-deferred payment mechanisms
• Size debt tranches to lender DSCR requirements and establish minimum equity thresholds for each project

Lender & Investor Relations

• Develop and manage institutional relationships with IREDA, SBI Green/CAG, REC Ltd, Tata Cleantech Capital, SIDBI, and NBFCs active in renewable energy lending
• Lead preparation of Credit Information Memoranda (CIMs), lender presentations, and due diligence responses
• Review and negotiate term sheets; develop working knowledge of security requirements, financial covenants, and DSRA norms applicable to small rooftop IPP portfolios
• Assess eligibility of project structures for preferential green finance products and concessional lending windows

Pipeline & Business Development Support

• Collaborate with the BD team to identify and qualify HT industrial consumers appropriate for PPA offtake structures
• Participate in client meetings where project financing forms part of the commercial proposition — covering tariff design, contract tenure, and savings guarantees
• Build and maintain a bankable project pipeline of 3–5 assets suitable for lender presentation within 6 months

Documentation & Post-Financial Close

• Coordinate with legal counsel on PPA agreements, ESCO contracts, and financing term sheets
• Maintain structured records of financial models, lender correspondence, and transaction documentation
• Monitor project-level cash flows post-disbursement; manage lender reporting obligations and covenant compliance on an ongoing basis

Required Qualifications

• 3–6 years of experience in project finance, infrastructure lending, or renewable energy developer finance
• MBA (Finance) / CA / CFA — or B.Tech with demonstrable project finance modeling experience
• Proficiency in project finance modeling: DSCR analysis, debt sizing, IRR computation, and cash flow waterfall structuring
• Direct prior exposure to lending processes at IREDA, SBI, REC Ltd, or an NBFC — practical understanding of documentation, security, and disbursement requirements
• Working knowledge of PPA/RESCO/BOOT project structures and rooftop solar project economics

Key Attributes

• Established relationships with green finance or infrastructure lending desks at banks or NBFCs will be a significant advantage
• Ability to operate effectively in a lean, fast-paced environment with a high degree of ownership and minimal supervision
• Long-term orientation — the role carries a clear progression path to Head of Finance / CFO as the company's asset portfolio scales

Nice to Have

• Prior professional experience within IREDA, PFC, REC Ltd, or a PSU bank's project finance or infrastructure division
• Familiarity with open access regulations and DISCOM interconnection frameworks as they relate to project-level risk
• Working knowledge of group captive power structures and HT consumer regulatory requirements