Associate Treasury Operations (Off-roll)

Location:

Gurugram, India

About Us:

Zelestra (formerly Solarpack) is a multinational platform fully focused on multi-technology renewables with a vertically integrated business model focused large-scale renewable projects in rapidly growing markets across Europe, North America, Latin America, Asia, and Africa. Headquartered in Spain, Zelestra has more than 1000 employees worldwide and is backed by EQT, one of three largest funds in the world with $200B in assets.

One solution doesn’t fit all, especially in energy. We’re on a journey alongside our clients, assisting them in achieving their decarbonization goals. We are committed to developing tailored-made solutions by analyzing power market challenges and co-creating structured products based on customer insights.

One of the top 10 sellers of clean energy to corporates in the world, according to Bloomberg NEF, we are committed to tailored solutions to meet customer needs.

At Zelestra we aim to be a solid and solvent company, capable of executing quality and valuable projects for the society and the environment. Therefore, we maintain a firm commitment to contribute directly to the social development of the communities and markets in which we operate, not only through the creation of economic value, but also through the generation of quality employment and through the social projects we promote.

MAKING DECARBONIZATION A REALITY

Mission:

The mission of the Treasury Operations role is to ensure the efficient, accurate, and timely execution of the organization’s financial transactions, including payments, cash flow management, and banking operations. By maintaining robust internal controls, optimizing liquidity, and supporting financial compliance, Treasury Operations plays a critical role in safeguarding company assets and enabling smooth day-to-day financial functioning.

Responsibilities:

• Preparing and issuing payments to vendors, managing payment runs (batch run) for all the SPVs based on the cycle payment list approved by Head of Finance.
• Preparation of manual payment request for all the under construction and operational SPV’s.
• Processing overseas vendor payments.
• Accounting of payment entries in SAP - weekly basis.
• Preparation of request for fixed deposits.
• Opening bank accounts & maintaining signatories in all the banks.
• Circulation of bank statements of all bank accounts in each SPV - every month  (1st working day to accounts team).
• Preparing applications for issuance of Letter of Credit.
• Preparing applications for issuance, renewal and cancellation of bank guarantee.

Job Requirements:

• Bachelor’s degree in Commerce (B.Com) is required.
• 5 to 10 years of relevant experience in Treasury Operations, preferably in a mid to large-sized organization.
• Strong knowledge of payment processing, banking transactions, and treasury accounting.
• Familiarity with managing Letters of Credit (LC), Bank Guarantees (BG), Fixed Deposits, and Cash Flow forecasting.
• Ability to coordinate effectively with banks, vendors, and internal finance teams.
• Good communication skills, both written and verbal.

What We Offer:

Join a fast-growing multinational leader in the renewable energy sector, where innovation, expertise, and sustainability drive our success. Work alongside industry pioneers and be part of India’s clean energy transformation.

Unparalleled Professional Growth

• World-class training programs to sharpen your skills and leadership potential.
• Opportunities to work on high-impact projects that shape the future of renewable energy.
• A dynamic, growth-oriented culture that rewards innovation and performance.

Comprehensive Benefits for Your Well-Being

We invest in our people with a competitive benefits package designed to support your personal and professional needs:

• Health Insurance with parental coverage
• Cab Facility for a stress-free commute.

Team gatherings, festive celebrations, and offsites to foster collaboration and camaraderie. A vibrant, people-first culture that values innovation and teamwork.