Himatsingka Seide

1 week ago


Bengaluru, Karnataka, India Himatsingka Seide Ltd Full time

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)
  • Himatsingka Seide

    6 days ago


    Bengaluru, Karnataka, India Himatsingka Seide Ltd Full time

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