Description
transaction reconciliation
mis reporting
trade coordination
market analysis
monthly billing
scheduling compliance
About the Role: The role involves managing the billing and sales processes for power in Tuticorin, Tamil Nadu, ensuring compliance with regulatory requirements and optimizing revenue through effective tracking and reporting.
- Daily Transaction Reconciliation: Monitor and reconcile daily energy schedules, ABT/smart meter data, open access charges, and commercial parameters (Variable Cost, Fixed Cost recovery) against operational data.
- Regulatory Awareness: Track and communicate changes in grid codes, open access regulations, and regulatory tariff orders issued by CERC/TNERC that impact billing .
- MIS Preparation: Develop and maintain comprehensive daily, weekly, and monthly MIS reports for Senior Management.
- Short-Term Coordination: Coordinate the execution, documentation, and commercial settlement processes for all short-term power trades with Power Trading Companies (PTCs) and Power Exchanges (IEX/PXIL/HPX).
- Financial Tracking: Prepare and analyze reports on crucial commercial KPIs, including billing status, accounts receivable (A/R) aging, and revenue realization against budgeted targets.
- Data Analysis: Conduct analysis of power market price trends, generation performance, and billing variances to support revenue optimization and risk management strategies.
- Payment & Receivable Tracking: Track payment cycles, follow up on outstanding receivables, and coordinate with the finance team for timely payment realization.
- Monthly Billing: Prepare, verify, and submit accurate monthly power invoices to the Tamil Nadu State Designated Agency (e.g., TANGEDCO), ensuring strict adherence to the Power Purchase Agreement (PPA) terms and regulatory tariffs.
- Scheduling Procedures: Ensure strict adherence to the Day-Ahead and Real-Time scheduling procedures as mandated by the State Load Despatch Centre (SLDC) and Regional Load Despatch Centre (RLDC) for both long-term and short-term sales.
- Deviation Settlement Mechanism (DSM): Calculate, verify, and reconcile the indicative weekly and monthly DSM charges/payments for both the generating station and the off-taker, ensuring alignment with State and Central regulations.
Requirements
excel
etrm
ppa
regulatory
mba
power billing
Core Knowledge / Financial Acumen: Strong understanding of commercial terms in PPA/Power Sales Agreement (PSA), revenue accounting, and accounts receivable management.
Strong Communication and Negotiation Skills
Tools Proficiency: Advanced proficiency in Microsoft Excel for data analysis, modelling, and MIS reporting. Familiarity with Energy Trading and Risk Management (ETRM) or billing/ERP software is desirable.
Regulatory Familiarity: Understanding of the scheduling and dispatch regulations under the Indian Electricity Grid Code (IEGC) and State Grid Codes.
Qualifications: Bachelor's degree in Engineering, Finance, Accounting, Business Administration, or a related field. An MBA in Power Management is a strong plus.
Ability to handle regulatory and commercial deadlines.
Analytical and Data Interpretation Ability
Attention to Detail & Accuracy
Required Skills: Industry Experience: Proven experience (5-8 years, depending on level) in the Power Sector/Energy Utility domain, with hands-on experience in Power Billing, PPA/PMSA management, and Regulatory Affairs.
Benefits
Pay range and compensation package: Best in the industries .
Training + Development
Information not given or found