Financial Modeler (PE, Credit, Debt)/India

Overview

Build and explain detailed Excel financial models from blank spreadsheets for private equity, credit, and debt decision-making. The role focuses primarily on private equity modeling, with credit and debt modeling also major priorities.

What you'll do

• Build PE, credit, and debt models from scratch in Excel.
• Structure transactions, assumptions, and drivers.
• Link full model flows from operations through cash flow, debt, and returns.
• Review and debug models built by others.
• Identify incorrect assumptions, broken logic, and risks.
• Analyze how operating performance flows through to debt service and returns.
• Improve model accuracy.
• Clearly explain financial logic, model logic, and decision-making.
• Build private equity models including sources and uses, transaction assumptions, multi-tranche debt schedules, returns analysis, operating models, sensitivities, downside cases, and exit scenarios.
• Build credit and lending models including three-statement borrower models, cash flow-based underwriting, debt capacity analysis, covenant modeling, headroom testing, downside scenarios, and stress scenarios.
• Build debt and leveraged finance models including debt sizing and structuring, amortization, PIK, cash sweeps, refinancing mechanics, private credit and direct lending deal models, recovery analysis, and payment waterfalls.

What you'll need

• 2–10 years in finance roles with heavy, hands-on modeling.
• Direct experience in private equity, leveraged finance, sponsor coverage, private credit, direct lending, or credit underwriting.
• Proven ability to build models from a blank spreadsheet without templates.
• Experience building models that drove real investment or lending decisions.
• Buy-side experience at a PE fund, including deal diligence and investment committee materials backed by your own models.
• Experience building multiple full LBO models from scratch, including sources and uses and transaction assumptions.
• Experience building multi-tranche debt schedules covering revolver, term loans, mezzanine, and cash sweep.
• Experience with returns analysis covering IRR, MOIC, and value creation drivers.
• Experience with operating models, sensitivities, downside cases, and exit scenarios.
• High attention to detail and model accuracy.
• Strong communication skills.
• English required.
• Ability to complete modeling work independently in Excel.

Nice to have

• Experience with add-ons, dividend recaps, or refinancing scenarios.
• Experience at a private equity fund in direct investing, buy-side diligence, and portfolio company modeling is strongly preferred.

Details

• Full-time independent contractor role.
• 40 hours per week.
• Location: India.
• All candidates complete an approximately 3-hour take-home Excel modeling exercise designed to reflect real-world modeling work.
• Hired candidates will be paid for the modeling exercise.