Experienced Finance professional with a demonstrated history of working in the manufacturing, renewables industry. Skilled in Budgeting, Business Planning, Analytical Skills, Treasury & Project Finance, M&A.
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CfoNebras PowerTashkent, Uz
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CfoAcwa Power May 2023 - PresentRiyadh, Sa- Directing financial operations, evaluating the organization’s financial performance; conducting financial analysis.- Part of the Core senior management team in the development of green-field projects in Solar PV, BESS (Battery Energy Storage System) and Green Hydrogen. 200 Mw Solar PV already under operations and further Capacity under development of 1000 Mw Solar PV, 1000 MWh BESS, and 20 Mw Green Hydrogen.- Project Finance for new projects USD 1800 millions. Dealing with various DFIs, Banks.- Ensuring liquidity for Project construction milestones, meeting overall budgets and cash flow management.- Contracts execution including EPCs. Ensuring compliances under various contracts (PPAs, EPCs, SHA, SPA).- Financial modeling, financial forecasts, mid-quarter estimates, business plans based on analysis.- Corporate Governance, Supervisory Boards. -
Finance Director And Head Of Risk FunctionStatkraft Apr 2014 - Oct 2023Oslo, Oslo, No- evaluating financial performance, conducting financial analysis.- CAPEX and OPEX planning process with emphasis on reducing costs, improving gross margins, revenue earning capacity and profitability.- Improved processes, profitability for the Group having annual revenue of INR 300 Crores with more than 400 employees in 5 locations.- Forecasting & budgeting, and financial modeling to help short-term and long-term planning of the organization.- Implementing ERP systems, policies & procedures.- Effective completion of internal, statutory and external audits; supervising and finalizing books of accounts and managing financial reporting to the head office.- Ensuring funding, liquidity and capital structures for the group companies. Financing for new projects.- Complying with various statutory obligations, liaising with regulatory agencies.- Local and international tax planning.- Corporate governance, Board presentations and also member of the local Board.- Heading the Risk Management function.- Pricing and developing proposal for new products, part of the Business Strategy development team.- Member of the M&A team successfully closing acquisition of 150 Mw HPP and 400 Mw Solar portfolio in India. Finance and Tax due diligence of the transactions, negotiation of SPAs.- Closed Project financing MINR 8000 (USD 100 millions) for the HPP. Also set-up Working capital facility of MINR 1000 (USD 20 millions). -
Deputy Cfo - Nepal DivisionSn Power Norways Aug 2009 - Mar 2014Oslo, No- Finalisation of Books of Accounts and managing financial reporting.- Financial planning (budgets and forecasts), Performance management (monitoring variances).- Project management for the various power development projects in Nepal.- Maintenance and control of the inventory and fixed assets.- Statutory & internal audit of processes and the organization as a whole.- Liquidity management. -
Management Accountant – Arasmeta Cement PlantLafarge 2005 - 2008Oo- Forecasting of monthly plant operations and annual budgets.- Monthly actual performance of the plant, product-wise and variance analysis.- Physical stock control of inventory.- EVA analysis & Feasibility Study of proposed capital expenditures.- MIS reporting, within the Plant/ to H.O./ to Holding company in France.
Maneesh B. Education Details
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Icai... -
Jds
Frequently Asked Questions about Maneesh B.
What company does Maneesh B. work for?
Maneesh B. works for Nebras Power
What is Maneesh B.'s role at the current company?
Maneesh B.'s current role is CFO.
What schools did Maneesh B. attend?
Maneesh B. attended Icai, Jds.
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