O and M Cost Control and Commercials, Renewable Energy Business, Mumbai

Job Description:

Deputy Manager – O and M Cost Control and Commercials
Designation: Deputy Manager (DM)
Function: O&M & Asset Management
Department: O&M & Asset Management
Reporting To: Head – O&M & Asset Management

Location: Worli, Mumbai (HO)

Business: Renewable Energy Business

1) Job Purpose:

To manage OPEX/CAPEX budgeting, cost tracking, commercial coordination, vendor management, and cost optimization initiatives for Wind, Solar, and eBOP assets to ensure effective financial control and operational efficiency across the renewable energy portfolio.

2) Job Context & Major Challenges:

Operating within the Central O&M & Asset Management team, the role is responsible for monitoring and controlling operational and maintenance costs across geographically dispersed renewable assets involving multiple vendors, service contracts, and operational activities.
Key challenges include maintaining budget adherence across multiple sites, ensuring timely invoice processing and payment tracking, driving cost optimization without impacting asset performance, managing vendor
negotiations and rate contracts, and establishing benchmarking frameworks for O&M cost efficiency across Solar, Wind, and eBOP assets.

3) Principal Accountabilities & Supporting Actions:

1. Accountability Supporting Actions OPEX & CAPEX Budget Management
2. Prepare, monitor, track, and control OPEX/CAPEX budgets for Wind, Solar, and eBOP assets
3. Cost Tracking & Financial Monitoring
4. Track operational expenses, analyze budget variances, and support cost control initiatives
5. Invoice & Payment Coordination Monitor invoice processing, payment tracking, reconciliation, and vendor follow-ups
6. Vendor Management & Development
7. Coordinate with vendors, support vendor onboarding/development, and manage vendor performance
8. Commercial Negotiation & Rate Contracts
9. Support negotiations for rate contracts, AMC/service agreements, and cost- effective commercial terms
10. Cost Benchmarking & Analytics Develop O&M cost benchmarking frameworks and analyze cost trends across assets
11. Cost Optimization Initiatives Drive innovations, process improvements, and commercial initiatives for operational cost reduction
12. MIS & Reporting Prepare cost dashboards, commercial reports, budget trackers, and management presentations
13. Cross-functional Coordination Collaborate with O&M, finance, SCM, procurement, and site teams for seamless commercial operations
14. Governance & Compliance Ensure adherence to financial controls, commercial processes, and audit/compliance requirements

4) Job Purpose of Direct Reports:

Individual contributor role; may coordinate with commercial coordinators, MIS support, and vendor management teams for operational support activities.

5) Relationships (If Applicable):

Internal
Stakeholder Frequency Nature
O&M Teams Daily / Weekly Cost tracking and operational coordination Finance & Accounts Weekly Invoice processing, payments, and budgeting
SCM / Procurement Weekly Vendor management and commercial alignment Asset Management Team Weekly Cost benchmarking and performance analysis
Senior Management Monthly Budget reviews and cost optimization updates 

External

• Stakeholder Frequency Nature
• Vendors / Service Providers Weekly Commercial discussions, invoicing, and contracts
• AMC / O&M Contractors As required Cost negotiations and operational coordination
• Consultants / Agencies As required Benchmarking and commercial support

Qualifications:

 Full-time B.Tech / BE (Mandatory) – Mechanical / Electrical / Civil preferred
 8–12 years of relevant experience in O&M commercial, cost control, SCM, or asset management functions within renewable energy industry
 Strong exposure to OPEX/CAPEX budgeting, cost tracking, invoice management, and vendor coordination
 Experience in handling Wind, Solar, and eBOP O&M commercial activities
 Good understanding of rate contracts, vendor negotiations, and commercial governance
 Experience in cost benchmarking, analytics, and optimization initiatives
 Proficiency in SAP/ERP systems, MS Excel, dashboards, and reporting tools
 Strong analytical, stakeholder management, communication, and negotiation skills