Associate Vendor Role

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

• PO verification with respect to correct WBS / GL / terms & Conditions.
• Invoice Verification with respect to PO issued.
• Verification of Payment request raised in the system.
• Check on required deductions from Vendor / Developer invoices – TDS , Withheld , GST hold , HR hold , Liquidated Damages calculated.
• Tracking Capex budget Upload in SAP.
• Tracking of LC opened for project (LC required in projects, LC opened, opened from equity or debt or CL).
• Tracking Pending GRN/ SE for cost booking and ensure 100% EPC billing.
• Capex phasing Actual.
• Review and settlement of Advances / Creditors and Provisions.
• Site visit & support – as & when required.
• MIS Update for the projects.
  

• PO verification with respect to correct WBS / GL / terms & Conditions.
• Invoice Verification with respect to PO issued.
• Verification of Payment request raised in the system.
• Check on required deductions from Vendor / Developer invoices – TDS , Withheld , GST hold , HR hold , Liquidated Damages calculated.
• Tracking Capex budget Upload in SAP.
• Tracking of LC opened for project (LC required in projects, LC opened, opened from equity or debt or CL).
• Tracking Pending GRN/ SE for cost booking and ensure 100% EPC billing.
• Capex phasing Actual.
• Review and settlement of Advances / Creditors and Provisions.
• Site visit & support – as & when required.
• MIS Update for the projects.