Aditya Birla - AGM/DGM - Project Finance - Group Projects

Introduction:

A US $40 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 136,000 employees belonging to 42 different nationalities. The Group operates in 36 countries.

Evaluate new capital project proposals submitted by various group companies from a financial and strategic perspective and provide recommendations to improve project economics, streamline project execution and reduce project risk:

- Review the CREC capital approval note to assess any risks related to project execution and suggest possible actions to mitigate the same

- Judge the project cost estimate provided by the business and clarify rationale for project hard and soft cost estimates

- Appraise project's financial model to assess NPV, IRR and other financial parameters by incorporating business scenarios and checking sensitivity of returns to key project variables and provide recommendations for improving project economics wherever possible

- Review and monitor progress of assigned projects across group companies by tracking deviations in cost and schedule targets set at time of approval and provide recommendations for taking timely
corrective actions:

- Assess reported progress through project site visits discussions with project executives at site

- Prepare detailed site visits reports to provide independent assessment of project schedule for Chairman's Office

- Advise group companies, CFD and CHO at the all stages of project execution for enhancing strategic Decision making capabilities, streamlining project execution and adding value to group companies by providing recommendations for improving project return on investment:

- Develop reports, presentations and studies for senior executives and directors of group companies, CFD and CHO in key areas of project such as Project cost bench-marking, optimal plant configuration, project cost analysis & Project risk assessment etc.

- Define best practices, standards and policies in the areas of project finance, capex optimization, project cost estimation, Risk Management and Stakeholder Analysis to enhance project execution capabilities within the group and gain acceptance for the same by interacting with project teams across group companies:

- Develop standard operating procedures for project Risk Management based on global best practices for adoption by group companies

- Develop Standard guidelines for group companies for preparing Stakeholder Engagement Plans based on international best practices and mandatory requirements as per latest Land Acquisition act

- Standardization of high value contract clauses based on best practices in Engineering & Construction industry to protect owners interests

- Assist in the development of revised CREC Policies & Procedures Manual for incorporating a two stage capital approval

Perform Finance & Commercial functions for the cell like preparing annual budget for the cell, procurement of equipment, budget variance reports etc.:

- Coordinate with ABMCPL, Corporate accounts team regarding annual budget, preparation of quarterly budget vs. actual variance reports and raising PO, invoices for departmental purchases