Manager| Back Office for Market Operations

As part of the Norwegian state owned Statkraft Group, Statkraft Markets Pvt. Ltd. has been in India since 2012. The vision of Statkraft Markets is to deliver value to generators and consumers of power based on the Group’s experience of more than 20 years in power markets in Europe and South-America. The company holds a Category- 1 Inter State Trading Licence and is now engaged in providing services to its Joint Venture Hydro Power assets in addition to successfully delivering on innovative and unique contracts with various companies across India. In India, Statkraft has presence in Delhi, Bangalore and Shimla with more than 150 employees working across various functions. The team of about 40 employees in Market Operations in Delhi are a part of a larger Market Operations and IT division with about 650 employees globally.

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there’s more work to be done – that’s why we need you to join us.

Job Description
As a Manager- Back Office for Markets Operations, you’ll report to Head of Finance and Risk Management and following tasks would be a part of your job profile:

Ownership of all energy revenue and purchase processes for the Markets Operations of Statkraft in India. This includes contract management (with customers, vendors and power exchanges), customer/ vendor master data.
Customer billing and pricing, energy purchase invoice verification and approval.
Debt collection and payment to energy vendors, and reconciliation to exchanges and other systems.
Control of Trade receivables, Payment security mechanisms.
Reporting and analysis of financial results for Market Operations to division and local management. Main point of contract for management for all financial matters regarding market Operations.
Maintenance of liquidity for trading on power exchanges.
Accounting of customer billing, energy purchases, payments in the Company’s ERP.
Ensure that Deal Life Cycle is adhered to for Back Office activities.