Location
Noida | India
Job description
Group Company: Jakson Limited
Designation: Support Banking (SB-Bkg.)
Office Location: Position description: This position is responsible for arrangement and management of funds for the entire JAKSON Group.
Primary Responsibilities - Analyzing the need for working capital / Term Loan / Other Banking facilities required by respective Business Segments.
- Preparation of proposals, presentation to banks and negotiation to finalize the detailed Terms & Condition for proposed facilities
- Preparation of CMA, Project report, Cash flow for credit facilities and getting it approved from Management.
- Preparation of Agenda for approval of Board of Directors for Banking facilities.
- Ensuring timely validation of documents given by bank related to set up of credit limits
- Responsible for Banking compliance as per Terms & Condition of the Sanction.
- Responsible for submission of documents & information in timely manner to Banks /FIIS / Rating agencies.
- Coordination with bank for timely disbursement of Credit Facilities as per agreed terms
- Responsible to minimize the cost of fund and keep the availability of the fund as per business requirements.
- Liaising with the banks and mediating queries raised by different verticals of the company & banks
- Quarterly visit to the plants along with banks for smooth execution of audit
- Mediate and ensure timely response to queries raised by bank and close it at the earliest
- Managing all NOC's/Pari-Passu Letter from banks related to any strategic decision of the company
- Liaising with external rating agency and providing all timely information to agency to review the rating
- Ensure adherence to SOPs by the different departments, respond to queries raised and highlight deviations to management
- Respond to queries raised post internal audit of Corporate banking verticals and mediate resolution through consultation with BU Heads
- Ensure timely bank confirmations on year-end balance and obtain necessary certificates for smooth execution of Statutory Audit
- Compilation of the certificates & statutory documents to be issued to bank on monthly, quarterly and yearly basis
- Prepare the monthly FFR I & II, comparative statement etc. to be submitted to Banks.
- Review MIS submitted by Banking teams (BU's & Corporate)
- Prepare monthly limit utilization sheets to be submitted Corporate Finance team
Additional Responsibilities Reporting Team - Reporting Designation:
- Reporting Department:
Educational Qualifications Preferred - Category: Bachelor's Degree, Master's Degree
- Field specialization: Commerce
- Degree: Bachelor of Commerce - BCom, Chartered Accountancy - CA, Master of Commerce - MCom
- Academic score:
- Institution tier:
Required Certification/s Required Training/s: Required Work Experience - Industry:
- Role:
- Years of experience: to
Key Performance Indicators Required Competencies: Awareness of latest updates, amendments and developments in own area of work
Knowledge of financial statement, Ratio Analysis
Excellent written and verbal communication skills
Ability to manage relations and liaising
Negotiation skills
Planning, coordinating and prioritizing tasks
Leading and motivating team
Willingness to travel
Required Knowledge Required Skills: 8 to 10 years of experience with hands-on experience in the Asset side of banking/credit proposal preparation/corporate banking
Required Abilities Work Environment Details Specific requirements - Travel:
- Vehicle:
- Work Permit:
Other Details - Pay Rate:
- Contract Types:
- Time Constraints:
- Compliance Related:
- Union Affiliation:
Job tags
Salary
