About the Role
Soleos Energy Limited is seeking an accomplished Chief Financial Officer to lead the company’s finance function as it scales across renewable-energy EPC, IPP and group-captive projects, international markets, BESS and emerging clean-energy businesses.
The CFO will play a central role in shaping the company’s financial strategy, treasury architecture, project finance, capital allocation, fundraising, institutional governance and capital-market readiness. The successful candidate will work closely with the Managing Director, Board, banks, investors, rating agencies, auditors, merchant bankers and other professional advisers.
Why Soleos
Soleos is an integrated renewable-energy platform: EPC, IPP and group-captive projects, BESS manufacturing and international markets sit under one roof, which is rare among Indian mid-market renewable companies and gives leaders a wider field of play than a single-line business.
The company is promoter-led and entrepreneurial. Decisions are taken quickly, leaders work directly with the Managing Director and Board, and the distance between a recommendation and its execution is short.
Soleos is at the stage where institutional systems are being built rather than inherited. The people who join now will define how the company finances, sells and governs itself for the next decade, and will carry that authorship into the company’s capital-market journey.
Ahmedabad places the company at the centre of Gujarat’s renewable-energy and manufacturing corridor, with proximity to ports, policy, developers and industrial customers.
Business Scope
• Renewable-energy EPC and C&I projects
• IPP, group-captive and third-party PPA assets held through SPVs
• BESS manufacturing and product business
• International projects and overseas holding structures
• Emerging clean-energy businesses
• Corporate finance, treasury, project finance and capital markets across the group
Key Responsibilities
Strategic Finance & Capital Allocation
• Partner with the MD and Board on long-term financial strategy, business planning and capital allocation.
• Evaluate investments across EPC, IPP, BESS, international projects and new-energy businesses.
• Establish disciplined financial criteria for project selection and capital deployment.
• Review project economics including IRR, DSCR, leverage, cash returns and downside scenarios.
• Support portfolio optimisation, refinancing, co-investment and capital-recycling strategies.
Treasury & Working Capital
• Institutionalise group-wide treasury and cash-management practices.
• Develop robust short- and medium-term liquidity planning frameworks.
• Establish project-specific cash-flow and funding structures.
• Optimise working-capital structures across EPC and infrastructure projects.
• Manage banking relationships, debt-service planning and treasury governance.
• Develop efficient use of customer advances, supplier credit, project finance and working-capital facilities.
Project Finance
• Lead financing strategy for IPP, group-captive and infrastructure projects.
• Structure project debt, construction finance, refinancing and sponsor-equity requirements.
• Work with banks, infrastructure lenders and investors to optimise project capital structures.
• Evaluate financing alternatives based on cost, tenor, security, flexibility and risk.
• Support development of India and international AssetCo structures.
Debt & Equity Fundraising
• Lead corporate and project-level fundraising initiatives.
• Manage relationships with banks, NBFCs, infrastructure funds and institutional capital providers.
• Evaluate strategic equity, project-level co-investment, growth capital and platform-level investors. • Support DFI and international fundraising initiatives where applicable.
• Evaluate funding alternatives based on all-in cost, dilution, governance, security and strategic value.
Manufacturing & International
• Own the financial architecture of the manufacturing business, including plant economics, inventory and input cost management, capacity-utilisation reporting and product-level profitability.
• Manage exposures arising from imported inputs, currency and duties, and the financial treatment of applicable government schemes and incentives.
• Lead the finance dimension of international projects and overseas holding structures, including cross-border funding, regulatory compliance, inter-company arrangements and multi-currency consolidation.
• Ensure international and manufacturing operations are integrated into group treasury, reporting and governance from the outset.
Financial Reporting & Governance
• Build best-in-class financial reporting, budgeting, forecasting and management-information systems.
• Establish scalable financial processes for a multi-business and multi-SPV organisation.
• Strengthen project-level profitability, cost and performance reporting.
• Lead consolidation, statutory reporting, internal financial controls and audit coordination.
• Drive ERP-enabled financial governance, automation and management visibility.
Credit Rating & Capital Markets
• Lead relationships with rating agencies, institutional lenders and financial stakeholders.
• Develop a financial profile supportive of progressive credit-rating improvement.
• Support IPO, DRHP and broader capital-market readiness.
• Coordinate finance-related requirements with auditors, merchant bankers, legal advisers and investors.
• Ensure high standards of financial disclosure and institutional governance.
Leadership
• Build and mentor strong teams across Finance, Treasury, Project Finance, MIS and Financial Control.
• Establish clear decision rights, accountability and succession planning. • Act as an independent financial partner to the MD and Board.
• Promote disciplined, transparent and commercially sound decision-making.
Candidate Profile
Strongly Preferred
• Chartered Accountant, or MBA (Finance) / CFA with a strong controllership and financial-governance track record.
• 15+ years of relevant professional experience with meaningful senior leadership responsibility.
• Strong experience in treasury, banking, working capital, project finance and financial controls.
• Experience in infrastructure, power or renewable energy.
• Strong understanding of project economics, capital structures and financial governance.
• Experience dealing with senior management, Boards, banks and external advisers.
Highly Desirable
• Experience in debt and equity fundraising.
• Exposure to IPO/DRHP or listed-company environments.
• Rating-agency interaction and institutional investor exposure.
• Infrastructure or renewable-energy project financing.
• International or DFI financing exposure.
• Exposure to manufacturing finance within an infrastructure or energy group.
Leadership Attributes
• High integrity and professional judgement.
• Strong commercial and financial acumen.
• Independent thinking and ability to challenge constructively.
• High ownership and execution orientation.
• Ability to build institutional systems without unnecessary bureaucracy.
• Comfortable operating in a high-growth entrepreneurial environment.
What Success Looks Like
• Institutional-quality treasury and financial-management practices.
• Strong project-finance and capital-allocation discipline.
• Optimised cost and structure of capital.
• Scalable, high-quality financial reporting and governance across projects, manufacturing and international entities.
• Strong lender, investor and rating-agency relationships.
• Effective deployment and recycling of capital.
• A high-performing Finance and Project Finance organisation.
• Strong readiness for institutional capital and public markets.
