Job Description

About Business:

Adani Group Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Adani Green Energy Limited (AGEL) AGEL is part of the Adani Group’s promise to provide a better, cleaner, and greener future for India. Driven by the Group’s philosophy of Growth with Goodness’, the Company develops, builds, owns, operates, and maintains utility- scale grid-connected solar, wind farm and energy storage (Hydro PSP and Battery) projects. The electricity generated is supplied to central and state government entities and government- backed corporations. On the back of long-term Power Purchase Agreements (PPAs) with central and state government entities, AGEL has leveraged its capabilities and expanded its presence across 12 Indian states. With the integration of pump storage and battery storage projects with large solar & wind portfolio, AGEL shall be best placed amongst peers to supply round-the-clock green power to India’s grid. The Company continuously adopts and deploys the latest technologies in its projects. With the target of 50 GW renewable energy capacity by 2030, AGEL is driving India on its renewable energy journey.

Job Purpose: Executive - CIL Billing & Revenue Management (Long Term) is responsible for supporting the calculation, submission, and reconciliation of Change in Law claims. The role assists in preparing documentation, maintaining MIS, and tracking payments in compliance with regulatory frameworks.

Change in Law (CIL) Claim Calculation & Submission:

Assist in calculating claims related to Change in Law events as per the contractual obligations and regulatory guidelines.

Support in compiling and submitting detailed CIL claims, ensuring accuracy and adherence to deadlines.

Change in Law Documentation:

Develop and maintain comprehensive documentation for all CIL-related claims, including contracts, regulatory communications, and financial data.

Support in tracking all submissions, approvals, and updates to maintain a robust documentation process.

Change in Law Reconciliation:

Assist in reconciling CIL claims and payments with internal finance teams to ensure accurate revenue recognition.

Provide support for audits and compliance checks by preparing necessary reconciliations of CIL claims and settlements.

Coordination with Internal Teams:

Actively support in coordinating with finance, legal, and commercial departments to ensure smooth execution and management of CIL billing and revenue processes.

Reporting and MIS:

Assist in preparing monthly reports and MIS for tracking CIL claims, revenue impact, and any pending claims to provide data for senior management decision-making.

PRAAPTI Portal Management:

Handle activities on the PRAAPTI portal, including updating invoices, rectifying comments from DISCOMs, and registering projects for invoicing compliance.

Ensure timely updates and compliance with any notifications or changes on the PRAAPTI portal

Key Stakeholders - Internal:

Finance Teams

Internal Audit Teams

Project Managers

Key Stakeholders - External:

Regulatory Authorities

Clients

Educational Qualifications:

Bachelor's degree in Engineering, Bachelor's degree in Finance, Accounting, or related field is required.

Relevant certifications in billing or revenue management are preferred.

Work Experience:

8 - 10 years of experience in billing and revenue management roles.

Strong understanding of Change in Law regulations and billing processes.

Proven experience in managing billing reconciliations and documentation.