Finance Manager

Job Title: Finance Executive / Manager Banking & Compliance

Department: Finance & Accounts

Reporting To: Head – Finance / CFO

Job Purpose:

To manage all banking-related activities, including preparation of CMA data, coordination for credit facilities, bank guarantees, credit rating submissions, equipment financing, and insurance management to support ongoing and upcoming construction projects.

Key Responsibilities:

1. CMA & Bank Liaison

• Prepare and submit

  Credit Monitoring Arrangement (CMA)

  data to all consortium and non-consortium banks for working capital and term loan renewals.
• Coordinate with banks for

  enhancement or restructuring

  of credit facilities as per project funding needs.
• Provide accurate financial projections, cost estimates, and project-specific financial statements.
• Monitor fund utilization and compliance with banking covenants and sanction terms.

2. Bank Guarantee (BG) & Letter of Credit (LC) Management

• Handle

  issuance, renewal, and release

  of

  Bank Guarantees

  related to project tenders, performance, and advance guarantees.
• Coordinate with project and commercial teams to ensure BGs are issued as per tender and client requirements.
• Track validity, margin, and expiry of BGs/LCs and ensure timely extensions or closures.
• Maintain an updated BG/LC register for internal and audit purposes.

3. Credit Rating & Documentation

• Coordinate with

  credit rating agencies

  for periodic reviews and renewals.
• Prepare and submit required financial data, project performance reports, and management presentations.
• Ensure timely completion of rating exercises and maintain proper documentation for compliance and bank submission.

4. Equipment Finance & Term Loans

• Identify financing requirements for

  construction equipment, vehicles, and machinery

  .
• Liaise with banks/NBFCs for

  equipment finance proposals

  , documentation, and disbursement.
• Ensure compliance with loan covenants and maintain repayment schedules and asset records.

5. Insurance & Risk Management

• Arrange and renew

  insurance policies

  for assets, projects, employees, and equipment.
• Liaise with insurance providers for coverage, premium negotiation, and claim settlements.
• Maintain an updated insurance register and ensure all sites and assets are adequately insured.

6. Financial Control & Audit Support

• Maintain all banking and finance-related documents systematically.
• Support

  internal, statutory, and bank audits

  by providing timely records and clarifications.
• Ensure compliance with company financial policies, confidentiality norms, and regulatory requirements.

Qualifications & Experience

• Education:

  B.Com / M.Com / MBA (Finance) / CA (Inter)

• Experience:

  4–10 years in

  construction / infrastructure industry

  , with hands-on experience in CMA preparation, bank guarantees, and project finance coordination.

Skills & Competencies

• Strong knowledge of

  project-based banking and financial documentation

• Proficiency in

  MS Excel

  ,

  financial analysis

  , and

  fund flow management

• Good liaisoning and communication skills with

  banks, NBFCs, and rating agencies

• Attention to detail and strong record-keeping ability
• Understanding of

  insurance and asset risk management

  in project environments