1. Position Details
Particulars
Details
Designation
Chief Financial Officer (CFO)
Department
Finance & Accounts
Reporting To
MD (Managing Director)
Experience
Minimum 18 ~20years of relevant experience
Qualification
CA / MBA (Finance) / CS from an institute of repute
Industry Preference
Auto Components / Manufacturing/ PE and fund management
Location
Delhi
Employment Type
Full-time
2. Job Purpose
To independently manage the company's banking relationships, fund-based and non-fund-based facilities, working capital requirements, term loans, project financing, treasury operations, and financial documentation.
The position will be responsible for ensuring adequate liquidity, optimizing financing costs, supporting capital expenditure and expansion projects, and maintaining effective relationships with banks, financial institutions,
and other lenders.The candidate will work closely with the CFO and senior management to develop financing strategies that support the company's business growth and long-term financial objectives.
3. Key Roles & Responsibilities
a) Banking Relationships & Financial Institutions
- Manage relationships with public and private sector banks, NBFCs, and financial institutions.
- Act as the primary coordination point for banks and lenders on routine banking and financing matters.
- Negotiate competitive interest rates, processing fees, repayment terms, and other financing conditions.
- Coordinate with banks for credit appraisals, renewals, enhancements, and restructuring of banking facilities, wherever required.
- Ensure timely submission of financial statements, stock statements, receivable statements, and other information required by lenders.
- Maintain strong working relationships with relationship managers, credit teams, and senior banking officials.
b). Working Capital Management
- Manage cash credit, overdraft, bill discounting, bank guarantees, letters of credit, and other working capital facilities.
- Monitor daily cash flows, fund availability, utilization of banking limits, and short-term liquidity requirements.
- Coordinate with internal teams to improve working capital efficiency through effective management of receivables, payables, and inventory.
- Monitor drawing power calculations, stock and book-debt statements, and compliance with banking covenants.
- Identify opportunities to reduce interest costs and improve utilization of sanctioned banking limits.
- Prepare short-term and medium-term cash flow forecasts for review by the CFO.
c). Term Loans & Project Financing
- Lead the preparation and coordination of financing proposals for new manufacturing facilities, capacity expansion, and capital expenditure projects.
- Prepare bankable project reports, detailed project reports (DPRs), CMA data, financial projections, and loan applications.
- Coordinate with banks and financial institutions for term loans, equipment financing, project loans, and other structured financing arrangements.
- Support the CFO in developing debt-equity structures, repayment schedules, moratorium proposals, and financing strategies.
- Coordinate the financial appraisal and documentation of greenfield and brownfield projects.
- Monitor loan disbursements, end-use documentation, repayment obligations, and project-related financing milestones.
- Evaluate financing options to support business expansion while maintaining a prudent debt-equity ratio.
D. Treasury & Fund Management
- Monitor daily bank balances, fund requirements, and cash flow positions across the company.
- Plan fund deployment and ensure timely availability of funds for operational and capital expenditure requirements.
- Monitor interest costs, loan repayment schedules, and financial commitments.
- Coordinate foreign currency payments, import-related banking transactions, and foreign exchange requirements, wherever applicable.
- Support the CFO in evaluating appropriate funding options, including term loans, working capital facilities, and other permissible financing instruments.
E. Banking Documentation & Compliance
- Ensure timely renewal and compliance of all banking facilities.
- Coordinate the preparation and submission of stock statements, book-debt statements, insurance documents, financial ratios, and other lender requirements.
- Maintain records of sanction letters, loan agreements, security documents, guarantees, and other banking documentation.
- Monitor compliance with loan covenants, security creation requirements, and conditions precedent to disbursement.
- Coordinate with legal, secretarial, taxation, and finance teams for mortgage documentation, charges, corporate approvals, and statutory filings.
- Ensure timely servicing of interest, principal repayments, and other banking obligations.
- Identify potential compliance gaps and escalate risks to the CFO.
F. Financial Planning, Analysis & Reporting
- Prepare monthly Finance MIS reports and track on borrowings, interest costs, fund utilization, liquidity, and banking exposure.
- Develop and maintain a consolidated debt schedule covering all lenders and financing arrangements.
- Prepare management reports on working capital, cash flows, repayment obligations, and financing requirements.
- Support the CFO in preparing financial models, debt-servicing projections, and funding plans.
.
G. Cross-Functional Coordination
- Work closely with Accounts, Commercial, Procurement, Sales, Projects, Legal, and Company Secretarial teams.
- Coordinate with plant and project teams to assess capital expenditure requirements and funding timelines.
- Ensure timely availability of bank guarantees, letters of credit, and other instruments required for business operations.
- Support the CFO in due diligence, financial restructuring, and strategic funding initiatives, as required.
4. Key Deliverables
The candidate will be accountable for the following:
- Timely arrangement and availability of funds for business operations and expansion projects.
- Effective management and optimization of working capital facilities.
- Competitive borrowing costs and improved financing terms.
- Timely renewal of banking limits and submission of lender documentation.
- Preparation of accurate project financing proposals and financial projections.
- Effective monitoring of cash flows, debt obligations, and repayment schedules.
- Compliance with banking covenants and financing conditions.
- Development of strong and productive relationships with banks and financial institutions.
- Timely reporting of borrowing exposure, interest costs, and liquidity risks to the CFO.
5. Educational Qualifications
- Chartered Accountant (CA), preferably from ICAI; OR
- MBA in Finance from a reputed business school; OR
- Company Secretary (CS) from ICSI, preferably with substantial hands-on experience in banking, corporate finance, and debt management.
Candidates with additional qualifications or certifications in financial management, treasury, credit appraisal, or project finance will be preferred.
6. Experience & Competencies
Required Experience
- Minimum 15 years of relevant professional experience in banking, corporate finance, treasury, or financial management.
- Demonstrated experience in managing working capital limits, term loans, and relationships with multiple banks.
- Proven experience in project financing, credit appraisal, financial modelling, and preparation of bank financing proposals.
- Experience in a manufacturing organization with significant working capital and capital expenditure requirements.
- Practical knowledge of banking documentation, security creation, loan covenants, and financial compliance.
Preferred Industry Background
Experience in the automotive, auto components, engineering, industrial manufacturing, or capital-intensive manufacturing sectors will be preferred.
Experience with greenfield projects, manufacturing plant expansion, machinery financing, and large capital expenditure programmes will be an advantage.
Core Competencies
- Strong negotiation and relationship management skills.
- Excellent financial analysis and cash flow management capabilities.
- Sound understanding of banking products and corporate financing structures.
- Strong knowledge of CMA data, project reports, financial projections, and debt servicing analysis.
- Proficiency in MS Excel, financial modelling, and ERP-based financial reporting.
- Strong communication, coordination, and documentation skills.
- Ability to work independently, manage multiple banking relationships, and deliver within strict timelines.
- High standards of integrity, confidentiality, accountability, and professional conduct.
7. Key Performance Indicators (KPIs)
Performance will be assessed against the following measurable parameters:
Area
Performance Indicator
Cost of Borrowing
Optimization of interest rates, processing fees, and overall financing costs
Working Capital
Efficient utilization of sanctioned limits and improved liquidity management
Project Financing
Timely arrangement of approved funding for capital expenditure and expansion
Banking Compliance
Timely submission of statements, renewals, and compliance documents
Cash Flow Management
Accuracy of cash flow forecasts and timely identification of funding gaps
Loan Management
Timely repayment of principal and interest without avoidable delays
Banking Relationships
Responsiveness of lenders and effectiveness of financing negotiations
Reporting
Timely and accurate submission of banking and treasury reports to the CFO
Documentation
Complete and accurate maintenance of banking and security documents
8. Reporting & Working Relationships
Reports to: Chief Financial Officer (CFO)
Internal stakeholders:
- Finance & Accounts
- Commercial and Procurement
- Sales and Operations
- Projects and Engineering
- Legal and Company Secretarial
External stakeholders:
- Public and private sector banks
- NBFCs and financial institutions
- Credit rating agencies
- External auditors and financial advisors
- Legal and banking documentation professionals
9. Candidate Profile
The ideal candidate will be a commercially astute finance professional with strong banking expertise, sound financial judgment, and the ability to independently manage the company's debt portfolio and financing requirements.
The candidate should be capable of working directly with the CFO, taking ownership of banking relationships, securing competitive financing, supporting large manufacturing investments, and ensuring that the company's liquidity
and funding requirements are met without disruption. The role requires a proactive professional who can combine hands-on banking execution with financial planning, negotiation, and strategic support for business growth.
Pay: ₹2,500,000.00 - ₹3,000,000.00 per year
Work Location: In person
