Ayr Energy→
Lead, Business Finance at Ayr Energy in Hyderabad, Telangana, IN
Skills
Job Description
Ayr designs and manufactures critical power grid equipment including power transformers, distribution transformers, special-purpose transformers, high-voltage circuit breakers, and medium-voltage switchgear. They serve markets such as renewables, data centers, utilities, oil & gas, and industrial sectors. They position themselves as partners in power projects, offering lifecycle support and working to deliver faster than average industry timelines.
Given this domain—with engineering, manufacturing, compliance, supply chain, technical teams, field service operations—the Finance function must align with highly technical and compliance-driven needs, across geographies.
Website: https://ayr.energy
Role
We are seeking a detail-oriented and strategic Business Finance Manager to oversee project costing, financial monitoring, and contract risk assessment. This role will serve as the financial backbone of project execution, ensuring cost efficiency, cash flow stability, and compliance with commercial terms.
Key Responsibilities
1. Project Costing & Monitoring
Maintain and update cost database, including technical characteristics of major items
Review project costing during quotation stage
Track incurred and committed costs versus projected budgets
Own project P&L, balance sheet, and cash flow reporting
2. Contract & Payment Management
Negotiate customer and supplier payment terms to minimize cash flow mismatches
Review customer purchase orders and commercial terms, identifying key actionable
Conduct risk assessments of contracts (duties, taxes, escalations, penalties, delivery timelines)
Ensure timely issuance and retirement of Letters of Credit (LCs)
Perform working capital and cash flow analysis for projects
3. Invoicing & Accounts Receivable
Coordinate with project management to confirm billable milestones and raise invoices
Prepare and review weekly AR reports; follow up on outstanding payments
Issue lien waivers as required
4. Supplier & Procurement Finance
Approve supplier POs in line with budget – create systems to guide the approval process.
Ensure adherence to standard terms and conditions
Verify vendor performance guarantees are issued on time
5. Business Intelligence & Risk Awareness
Conduct periodic reviews of customer financial health and business updates
Monitor supplier financial position and maintain strong vendor relationships
Skills & Attributes
Analytical mindset with attention to detail
Strong communication and stakeholder management skills
Ability to work under pressure and manage multiple projects simultaneously
Qualifications
Chartered Accountant/ Cost Accountant
5+ years of experience in project finance or business finance roles
Strong knowledge of cost databases, project accounting, and cash flow management
Excellent negotiation and contract risk assessment skills
Proficiency in financial reporting tools and MS Excel
Work Environment:
India: Hyderabad.
Flat organizational structure that fosters transparency, collaboration, innovation, and cross-functional teamwork.
Why Join Us?
Be part of a fast-growing grid hardware company building mission-critical products.
Work on complex, high-value projects across the U.S. and global markets.
Be part of a team committed to excellence in engineering, manufacturing, and customer delivery.