Associate – Access to Finance

Type: 
Job
Location of Job: 
New Delhi, India
Posted: 
04 Jun 2019
Closing: 
30 Jun 2019
About the organization: 

Clean Energy Access Network (CLEAN) is a member-based association of organizations engaged in the Decentralized Energy sector in India. The network has been established to help entrepreneurs and organizations overcome sector specific challenges and create a platform to project the needs and priorities of the sector by bringing together practitioners and all stakeholders in the energy ecosystem.

CLEAN is technology and scale agnostic and represents organizations both in electricity and non-electricity energy. It delivers five core sets of services: Policy Engagement, Access to Finance, Skills and Training, Technology and Innovation, and Information & Networking Opportunities. The key objectives of CLEAN include addressing policy and regulatory uncertainty in the DRE sector, availability of skilled human resources, improving the access to finance and technology development driven by innovation to make energy access affordable and reliable.

About the Job: 

Tasks and Responsibilities:

  • Coordinate with practitioners to develop a ground-level understanding of credit needs of enterprises as well as their end users; Engage with members to understand the impacts of policy announcements, ease of doing business, regulations, and other related issues.
  • Synthesize information from the above and develop recommendations particularly related to the financing needs within the DRE sector.
  • Engage with Investors and Financial Institutions – Banks and MFIs - to understand barriers and enablers for smoother flow of investment and debt to DRE entrepreneurs as well as credit to end-users.
  • Identify and analyze the role of various financing instruments and institutional structures to better address the risk perception of the DRE sector.
  • Conduct financial analysis using both primary and secondary data, sourced from various existing government and non-government data sources as well as from CLEAN members to contribute towards evidence-based policy planning.
  • Regularly review and critically analyze flow of investments, both domestic and international as well as budgetary allocations to the DRE sector at both the national and state levels.
  • Develop a strong understanding of the linkages between energy access provision and developmental sphere such as livelihoods, agriculture, health and education to enable cross-utilization of funds.
  • Engage actively with relevant Ministries, Apex Banking institutions, leading Micro-credit agencies, Investors, Debt Funds and Government Institutions to represent the needs of the off-grid sector; Advocate for creation of relevant schemes and pilot mechanisms that can support credit flow into the sector.
  • Build mechanisms for monitoring deliverables and budget utilization at a project level.
  • Regular written outputs in the form of papers, reports, policy briefs, as well as articles in other newspapers and online media.
  • Organize outreach activities that bring various groups of stakeholders together.

Qualifications:

  • Master’s in economics/finance/management or related subject areas.
  • At least three years of work experience in finance/micro credit/financial management preferably in the energy or development sectors, in roles involving understanding and engagement with various levels of financial institutions - micro credit agencies, banking institutions and investors.
  • Experience in financial modelling would be preferred.
  • Highly motivated, responsible, self-directed, resourceful and flexible; Ability to multi-task and work in tandem with the team towards achieving larger objectives.
  • Interest in Energy Access and ability to integrate issues across a range of related areas and engage with a variety of stakeholders.
  • Good written, communication and presentation skills.
  • Good working knowledge of MS Office (Word, Excel and PowerPoint).
  • Willingness to travel for four to six days in a month, including rural locations.
  • Strong working knowledge of English and spoken Hindi; Additionally, knowledge of other regional languages is desirable.
  • Salary will be commensurate with experience/qualifications and in line with the organizational structure.
How to Apply: 

Interested candidates are invited to send their CV and a cover letter to [email protected] with the job title in the subject line.

Region: 
South Asia
Country: 
India