The Himatsingka Group is a globally recognized textile company specializing in the manufacture, retail, and distribution of Home Textile products. With an extensive presence across North America, Europe, and Asia, the Group operates some of the largest capacities worldwide for Bedding, Bath, Drapery & Upholstery fabrics, and Fine count Cotton Yarn, boasting an extensive brand portfolio in the home textile industry. With a team of over 10,000 individuals, the Himatsingka Group is committed to excellence and innovation in the textile sector. We are currently looking for a dedicated individual to join us as an Assistant General Manager - Finance (Fund Raising) in Bangalore. In this full-time, on-site role, you will play a pivotal part in managing and overseeing investor relations, ensuring the implementation of robust internal controls, conducting detailed financial analysis, and providing essential support for the organization's fund-raising activities. Your contribution will be instrumental in maintaining financial health and driving growth through strategic financial initiatives. Key Responsibilities: - Develop and nurture strong relationships with banks, lenders, and external financial stakeholders. - Ensure strict compliance with all loan agreements and financial obligations. - Provide support for annual audits by furnishing necessary information and responses to auditors. - Manage and administer bank accounts, addressing regular queries from banking partners. - Prepare comprehensive financial models, cash flow projections, and Credit Monitoring Arrangement (CMA) data. - Adhere strictly to all FEMA (Foreign Exchange Management Act) and RBI (Reserve Bank of India) regulations. - Collaborate effectively with other departments to resolve bank queries and refine project cash flows. - Generate accurate and timely Management Information System (MIS) reports for senior management. - Engage actively in managing investor relationships by promptly addressing queries through investor calls and other communication channels. Education Background: - A Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field. - Professional certifications such as CA (Chartered Accountant) or MBA (Finance) are highly preferred. Skills Required: - Financial Acumen: Financial Analysis, Financial Modeling, Cash Flow Management, Internal Controls, Regulatory Compliance (FEMA, RBI). - Relationship Management: Investor Relations, Banking Relationships, Stakeholder Management. - Reporting & Analysis: MIS Preparation, Audit Support, Data Interpretation. - Communication: Excellent Verbal and Written Communication, Negotiation, Presentation Skills. - Teamwork: Ability to coordinate with various departments and external parties. - Attention to Detail: Meticulous in ensuring compliance and accuracy in financial data. Join us at the Himatsingka Group and be a part of our dynamic team dedicated to excellence in the textile industry.,
Job Title:- VP - Strategic Finance Hiring/ Reporting Manager:- Group CFO Department:- Top Management Purpose The role will be responsible for ensuring an appropriate management of company's financial resources, optimizing return and following the guidelines defined by the Board of Directors. Primary Functions And Responsibilities Manage all cash management functions including cash concentration, wires, account funding. Support Cash Flow analysis, cash generation, and liquidity calculation. Manage inter-company cash, including inter-company lending, dividends, and capital injections. Develop a strong relationship with banks, lenders, and JV partners and ensure financial contracts are up-to-date and all financial obligations are met Ensure compliance with weekly and monthly collateral reporting Working closely with the business to minimize financial risk. Support annual audits by providing information and responses to auditors. Should manage, maintain and administer banks and respond regular queries Gather, interpret, and prepare cash flow projections Ensure adherence to all FEMA and RBI regulations Coordinate with other departments to address banks queries and project cashflows Preparation of MIS for management Ensure compliance with internal controls, policies and procedures. Develop and monitor treasury operational policies. Play a crucial role in managing a relationship with Investor by organizing road shows, conference call. Required Knowledge Strong understanding of financial analysis Familiarity with Treasury Management Systems (TMS) Strong Knowledge of MS Office including Excel and Word Knowledge of appropriate accounting and financial software programs, knowledge of SAP will be advantage Should have independently raised funds from banks Ability to work collaboratively across departmental functions. Experience and Academics Qual. Required 18 years of relevant experience in Treasury and Trade finance Accounting or financial analysis CA (ref:iimjobs.com)
Role Overview: As an Assistant General Manager - Finance (Fund Raising) at the Himatsingka Group in Bangalore, you will be responsible for managing and overseeing investor relations, implementing internal controls, conducting financial analysis, and supporting fund-raising activities. Your role will be crucial in ensuring financial health and driving growth through strategic financial initiatives. Key Responsibilities: - Develop and nurture strong relationships with banks, lenders, and external financial stakeholders. - Ensure strict compliance with all loan agreements and financial obligations. - Provide support for annual audits by furnishing necessary information and responses to auditors. - Manage and administer bank accounts, addressing regular queries from banking partners. - Prepare comprehensive financial models, cash flow projections, and Credit Monitoring Arrangement (CMA) data. - Adhere strictly to all FEMA and RBI regulations. - Collaborate effectively with other departments to resolve bank queries and refine project cash flows. - Generate accurate and timely Management Information System (MIS) reports for senior management. - Engage actively in managing investor relationships by promptly addressing queries through investor calls and other communication channels. Qualifications Required: - A Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field. - Professional certifications such as CA (Chartered Accountant) or MBA (Finance) are highly preferred. Join the Himatsingka Group and become part of a dynamic team dedicated to excellence in the textile industry.,
Company Description The Himatsingka Group is a vertically integrated textile company with a global presence. Specializing in the manufacture, retail, and distribution of Home Textile products, the Group operates some of the largest capacities worldwide for Bedding, Bath, Drapery & Upholstery fabrics, and Fine count Cotton Yarn. With a team of over 10,000 people, the Group's reach extends across North America, Europe, and Asia, boasting one of the most extensive brand portfolios in the home textile industry.. Role Description This is a full-time, on-site role for an Assistant General Manager - Finance (Fund Raising) located in Bangalore. The role involves comprehensively managing and overseeing investor relations, ensuring robust internal controls are in place, conducting in-depth financial analysis, and providing critical support for the fund-raising activities of the organization. This position is pivotal in maintaining financial health and driving growth through strategic financial initiatives. Key Responsibilities Manage and develop strong relationships with banks, lenders, and other external financial stakeholders. Ensure strict compliance with all loan agreements and financial obligations. Support annual audits by providing necessary information and responses to auditors. Manage, maintain, and administer bank accounts and respond to regular queries from banking partners. Gather, interpret, and prepare comprehensive financial models, cash flow projections, and Credit Monitoring Arrangement (CMA) data. Ensure strict adherence to all FEMA (Foreign Exchange Management Act) and RBI (Reserve Bank of India) regulations. Coordinate effectively with other departments to address bank queries and refine project cash flows. Prepare accurate and timely Management Information System (MIS) reports for senior management. Play a crucial role in managing relationships with investors by promptly responding to their queries through investor calls and other communication Proven experience in financial management, particularly with a focus on fund-raising. Demonstrated ability to manage and develop relationships with banks, lenders, and external stakeholders. Strong understanding of financial regulations, including FEMA and RBI. Experience in supporting annual audits and managing bank administration. Proficiency in financial modeling, cash flow projections, and CMA preparation. Excellent communication and interpersonal skills for investor relations and inter-departmental coordination. Ability to prepare detailed MIS reports. Education Background A Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field. Professional certifications such as CA (Chartered Accountant) or MBA (Finance) are highly preferred. Skills Required Financial Acumen: Financial Analysis, Financial Modeling, Cash Flow Management, Internal Controls, Regulatory Compliance (FEMA, RBI). Relationship Management: Investor Relations, Banking Relationships, Stakeholder Management. Reporting & Analysis: MIS Preparation, Audit Support, Data Interpretation. Communication: Excellent Verbal and Written Communication, Negotiation, Presentation Skills. Teamwork: Ability to coordinate with various departments and external parties. Attention to Detail: Meticulous in ensuring compliance and accuracy in financial data. (ref:iimjobs.com)