Business Analyst Solar

Hi,

We are hiring -

Position : Business Analyst / Sr Business Analyst

Location : Ahmedabad

Company :

Reputed Infra & Renewable Energy company with 3200+ employee strength

Department :

Green Energy Division Enterprise Project Management Office

Mandatory - Renewable energy / Solar / wind / power Sector experience

Position Overview

The organization is driving a major renewable energy expansion with a target of 3 GW Solar and 5 GWh Battery Energy Storage Systems (BESS). The Business Analyst will play a key role in financial planning, data analysis, solution presentations, and stakeholder communicationbridging project execution, corporate finance, and business strategy. This role combines analytical strength, financial modelling, and business insight with the ability to work cross-functionally and communicate effectively with internal teams, investors, and external stakeholders.

Organization Chart

CEO

Head EPMO

Business Analyst

Key Responsibilities

1. Financial Planning & Project Controls

Develop, maintain, and analyze project-level and portfolio-level CAPEX schedules and financial data

Track actuals vs. budget, cost-to-complete, and provide input for financial models

Support monthly, quarterly, and annual reporting cycles with variance and risk analysis

Manage Purchase Order processes, resolve issues, and prepare financial status reports

Integrate financial data with construction schedules and procurement plans to assess KPIs

Support earned value management (EVM), scheduling, and change control

2. Business & Financial Analysis

Create solution presentations, financial models, executive summaries, and analytical reports for management, investors, and partners

Prepare project-specific financial statements (Balance Sheet, P&L, and Cash Flow Statements) to forecast revenue, cost, profit, investor IRR, and payback period

Collect project-specific information from clients and prepare Project Information Sheets for internal and external stakeholders

Conduct sensitivity, scenario, and profitability analysis for new projects, tenders, and investments

Support the preparation of board reports, investor decks, and bid submissions

3. Cross-Functional Finance Partnering

Work closely with Land, Project, Finance, Operations, and Supply Chain teams to analyze business performance and forecast outcomes

Act as the financial voice in cross-functional decision-making

Track and evaluate function-level KPIs, ROI, and spend efficiency

4. Data-Driven Insights & Reporting

Develop and automate dashboards and reports using Power BI, SQL, and Excel to monitor business metrics

Leverage ERP systems to consolidate financial, procurement, and project data

Collaborate with IT and vendors to ensure data accuracy, integrity, and optimized workflows

5. Budgeting, Forecasting & Variance Analysis

Support annual business planning and monthly forecasting across multiple verticals

Analyze budget adherence, spend efficiency, and revenue projections

Evaluate cash flow, cost trends, and profitability at project and corporate levels

6. Cost Optimization & Profitability Tracking

Conduct unit economics and margin analysis across projects, geographies, and business units

Identify cost optimization and savings opportunities in procurement, logistics, and operations

7. Strategic Projects & International Exposure

Support business initiatives such as new product launches, pricing strategy, AMC program analytics, and vendor optimization

Prepare business cases and investment justifications for management review

Travel internationally to participate in reviews, due diligence, and partner meetings

Understand cross-cultural business practices and incorporate global best practices into analysis and reporting

8. Governance & Process Improvement

Ensure compliance with company policies, reporting standards, and project controls protocols

Assist in developing standardized templates, reporting dashboards, and cost structures

Continuously improve project controls, data management, and financial tracking systems

Qualifications

BBA / MBA in Marketing & Finance, Business, Economics, or related field

Minimum 36 years of experience in financial analysis, project controls, or business analytics, preferably in renewable energy, infrastructure, or construction sectors

Experience with ERP systems (SAP / Oracle / Odoo / MS Dynamics) in project-based environments

Skills & Competencies

Advanced skills in MS Excel, Power BI / Tableau, SQL, and financial modelling

Strong understanding of project finance, cash flow modelling, and IRR / NPV analysis

Excellent analytical, presentation, and communication abilities

Ability to manage multiple priorities and deliver under tight deadlines

Cross-functional collaboration skills with exposure to project execution and finance teams

Detail-oriented, proactive, and comfortable handling confidential financial information

Preferred Experience

Exposure to utility-scale Solar / BESS / Renewable projects

Understanding of construction project accounting, EPC workflows, and cost control systems

Familiarity with PPA structures, and CAPEX / OPEX optimization

Prior experience in investor reporting, project tenders, and financial model preparation

Regards,

Neha Khandelwal

neha.k@ipsgroup.co.in