Ampersand Group - Funding Specialist (5-7 yrs)

Job Description:

Primary Purpose:

- Candidate should possess excellent knowledge and execution capabilities to assist in innovative debt raising avenues which are cost effective and help the overall financial health of the Group.

- Having a good rapport with top management of various Banks, fund houses both domestic as well as international is must.

- Candidate will be responsible for raising domestic/international banking lines, foreign currency risk, equity base funding and cash management system for the Ampersand Group.

- Understanding of the latest financial and operational technologies will be an added advantage.

Key Accountabilities/Activities:

- Identifying additional avenues in raising funds, keeping in mind overall funding requirements at Ampersand Group level.

- Be updated with various non-conventional modes of fund raise such as bill discounting, Letter of Credit, BG funding etc.

- Develop strong relationships with banks, financial institutions, and other relevant stakeholders to initiate, ideate and bring on table innovative fund raise deals.

- Assisting in exploring options for reducing the effective cost of funds and/ or identifying avenues to reduce security coverage for the existing loans based on market practice.

- Assisting Global Treasury head in effective deployment of surplus funds.

- Partnering with business to add value in new & innovative banking structures & modelling, negotiations, compliance, and reporting.

- Nurture professional relationships with internal & external stakeholders such that business goals & objectives are timely met.

- Ensuring strict timelines towards funding lines and its compliances.

- Constant vigilant approach based on changes in business or external factors.

- Coordinating with internal stakeholders for collation of data.

- Critically analyzing the data received from finance team before submission to banks and financial institutions.

- Preparation of future projections, in coordination with business and finance teams.

- Coordination with banks and financial institutions for collation and submission of the requisite data.

- Coordinating for obtaining the loan disbursement, EMI, interest accrual, balance confirmation and TDS certificates from banks and financial institutions.

- Monitoring renewal and repayment schedules.

- Ensuring release of securities and compliance towards closed loans.

- Month End and Quarter end book closing activities related to borrowings.

Internal:

Key Interactions:

- Interfacing Finance, Business Teams, and other departments as and when required.

- Reporting to VP, Treasury, Relationship.

External:

- Candidate needs to be external market focused and needs strong relationship with banks and financial institutions.

Competencies Required For The Role:

- Should have good knowledge of banking regulations, exchange control regulations and other RBI guidelines relating to fund raise.

- Should be good in Microsoft Excel.

- Should be well versed with Accounting ERPs such as Tally, Microsoft, SAP.

- Fluency in both spoken and written English.

- An organized and detail mind with a good sense of responsibility.

- A team player with high energy levels.

- Ability to work independently under pressure with a can-do attitude.

- The person must be a domain expert with strong control over key concepts of Treasury & Banking.

- Knowledge of preparation of CMA and other Financial Modelling along with accounting MIS is a Must.

Qualification:

- Chartered Accountant / MBA with 5-7 years of experience.

Workplace Type: In office.

Job Functions: Finance & Accounts.

Employee Type: Full time.

Company Industry: Education Management.

Seniority Level: Mid to Senior Level.

Skills: Treasury Management.