Job Title

Role OverviewYou 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 ResponsibilitiesDeal StructuringStructure project finance transactions for PPA/RESCO/BOOT projects, including debt-equity mix, DSCR sizing, and cash flow waterfall designDevelop and maintain detailed project finance models for rooftop solar IPP assetsEvaluate alternative financing structures including group captive arrangements, zero-equity models, and contractor-deferred payment mechanismsSize debt tranches to lender DSCR requirements and establish minimum equity thresholds for each projectLender & Investor RelationsDevelop and manage institutional relationships with IREDA, SBI Green/CAG, REC Ltd, Tata Cleantech Capital, SIDBI, and NBFCs active in renewable energy lendingLead preparation of Credit Information Memoranda (CIMs), lender presentations, and due diligence responsesReview and negotiate term sheets; develop working knowledge of security requirements, financial covenants, and DSRA norms applicable to small rooftop IPP portfoliosAssess eligibility of project structures for preferential green finance products and concessional lending windowsPipeline & Business Development SupportCollaborate with the BD team to identify and qualify HT industrial consumers appropriate for PPA offtake structuresParticipate in client meetings where project financing forms part of the commercial proposition — covering tariff design, contract tenure, and savings guaranteesBuild and maintain a bankable project pipeline of 3–5 assets suitable for lender presentation within 6 monthsDocumentation & Post-Financial CloseCoordinate with legal counsel on PPA agreements, ESCO contracts, and financing term sheetsMaintain structured records of financial models, lender correspondence, and transaction documentationMonitor project-level cash flows post-disbursement; manage lender reporting obligations and covenant compliance on an ongoing basisRequired Qualifications3–6 years of experience in project finance, infrastructure lending, or renewable energy developer financeMBA (Finance) / CA / CFA — or B.Tech with demonstrable project finance modeling experienceProficiency in project finance modeling: DSCR analysis, debt sizing, IRR computation, and cash flow waterfall structuringDirect prior exposure to lending processes at IREDA, SBI, REC Ltd, or an NBFC — practical understanding of documentation, security, and disbursement requirementsWorking knowledge of PPA/RESCO/BOOT project structures and rooftop solar project economicsKey AttributesEstablished relationships with green finance or infrastructure lending desks at banks or NBFCs will be a significant advantageAbility to operate effectively in a lean, fast-paced environment with a high degree of ownership and minimal supervisionLong-term orientation — the role carries a clear progression path to Head of Finance / CFO as the company's asset portfolio scalesNice to HavePrior professional experience within IREDA, PFC, REC Ltd, or a PSU bank's project finance or infrastructure divisionFamiliarity with open access regulations and DISCOM interconnection frameworks as they relate to project-level riskWorking knowledge of group captive power structures and HT consumer regulatory requirements