Spandana Sphoorty - Manager/Senior Manager - Finance

Role : Finance

Role Designation : Manager / Assistant Manager

Function : Finance

Department ; Finance

Reports to : AVP - Finance

Supervises : NA

Location : (Division / Branch / Corporate) : Corporate

Region : Hyderabad

Operating Network (Internal) : Accounts/ MIS/ Secretarial/ Treasury

Operating Network (External) : Banks, Financial Institutions, Rating Agencies, Auditors, Legal Firms, Trustees, CA Firms.

Purpose of the Role :

- The person is mainly responsible for on-timely servicing and payment of debt facilities, filing and sharing of all relevant documentation & correspondence with the lender partners for end-to-end compliance. Responsibilities include providing information as required while on-boarding the new lender partners, assisting in execution of loan documentation, compliance of pre-disbursement and post-disbursement conditions, liaising with internal teams to meet their information requirements and maintaining necessary databases of all borrowings and lender partners.

Areas of Responsibility :

1. Servicing of Debt Facilities:

- Information sharing with lender partners and trustees regarding due payments

- Coordinating with internal team for timely repayment of debt

- Follow-up with lender partners on receipt of payment

2. Compliance:

- Sharing information with lender partners and trustees for monthly, quarterly, half-yearly and yearly compliances

- Coordinating with CA firms and other teams to obtain necessary compliance certificates

- Loan Documentation and Disbursement Conditions:

- Coordinating with Banks/ FIs/ Trustees/ Legal Counsels for final documents for execution

- Coordinating with Accounts & Treasury Departments for payment of stamp duty, payment of processing fees and creating fixed deposits

- Coordinating with Secretarial Dept for necessary resolutions and filing of charge

- Filing the hard and soft copies of final loan documents

3. Others:

- Coordinating with audit firms for KYC audits

- Ensuring payment of invoices for rating fees, trusteeship fees, legal fees, etc

- Requesting and providing information to internal teams

- Maintaining a master database of loans and lender partners

- Assisting auditors with information from lenders to close the book of accounts

Educational Qualification and Experience Requirements :

Educational Qualification

Qualified :

- CA

- MBA

Minimum No. of Years :

- Fresher - 2 Years

- 1-3 Years

Knowledge / Skill-sets Required:

- Knowledge of analyzing financials, preparation of CMA data

Other Skills Required:

- Good Communication, Expertise in Excel, PowerPoint