Role Summary
Job Title: Sr./Manager - FundingLocation: ChennaiOrganization: DRA HomesReports To: CFOExperience: 7 to 15 years
About DRA Homes
With a rich legacy spanning over three decades, DRA Homes has consistently delivered landmark real estate developments across South India. Headquartered in Chennai, we are committed to crafting high-quality residential and commercial spaces driven by the core principles of financial discipline, operational excellence, and customer-centric innovation. As we continue to scale our presence in the Southern markets, we are seeking a results-driven and financially astute Manager - Funding to anchor our capital-raising initiatives and support our growth trajectory.
Role Overview
The Manager - Funding will be a key member of the finance leadership team, responsible for formulating and executing the companys funding strategy across project lifecycles. This role involves sourcing capital through diverse instruments including construction finance, lease rental discounting, structured debt, and working capital facilities. The ideal candidate will bring strong institutional relationships and the ability to align funding strategies with organizational objectives.
Key Responsibilities
- Capital Planning: Evaluate project-wise and corporate funding requirements in alignment with development and business plans.
- Fundraising Execution: Source and secure funding from banks, NBFCs, AIFs, and private lenders for project and corporate needs.
- Credit Documentation: Prepare and present financial models, CMA data, project cash flows, and business decks for credit evaluation.
- Lender Engagement: Establish and maintain strong relationships with institutional lenders and investors; manage negotiations and term finalization.
- Due Diligence & Compliance: Facilitate lender due diligence, ensure timely documentation, disbursement, and compliance with all financial covenants.
- Monitoring & Reporting: Maintain detailed MIS on fund utilization, repayment schedules, and covenant tracking across all funding instruments.
- Market Intelligence: Stay abreast of funding trends, regulatory changes (RBI/NHB), and evolving risk appetite across lending institutions.
- Internal Collaboration: Work closely with finance, legal, strategy, and project execution teams for integrated financial management.
Candidate Profile
Educational Qualification:
- B.Com, MBA (Finance), Chartered Accountant (CA), or CFA 7 to 12 years of experience in Excellent negotiation, documentation, and stakeholder management skills.
Personal Attributes
- High level of integrity and confidentiality.
- Strategic thinker with strong execution capabilities.
- Ability to thrive in a fast-paced, entrepreneurial environment.
(ref:iimjobs.com)