Senior Manager Finance

Job Title: Sr. Manager
Location: Shapath V, Prahlad Nagar, Ahmedabad, Gujarat
Reporting To: V.P. Finance
Company Overview: Astron Zircon Private Limited is a dynamic and rapidly growing ceramic
raw material manufacturing company committed to excellence. We are dedicated to
providing our customers with exceptional products/services while maintaining a strong focus
on financial integrity and sustainability.
Position Overview: We are seeking an experienced and talented candidate to join us as Sr.
Manager in our finance team. Candidate must have strong educational background, including
a Chartered Accountant (CA) qualification or MBA in Finance or an Inter CA certification.
The Sr. Manager Finance will play a key role in supporting the financial management and
strategic project initiatives of the company. The ideal candidate will have 4 to 8 years of
experience in project finance, financial modelling, trade finance, CMA (Credit Monitoring
Arrangement), and working capital management.
Responsibilities:
1. Financial Modelling/ Break-even analysis / IRR calc.:
o Develop and maintain financial models to support project finance proposal,
budgeting, forecasting, and decision-making processes.
o Analyse financial data and key performance indicators to identify trends,
opportunities, and risks.
o Break-even analysis/ XIRR analysis for projects to be undertaken or in order to
take other key decision by management 2. Banking Relationship Management
o Maintaining healthy relationship with multiple banks across multiple
companies
o Closure of terms sheet and pricing negotiation with multiple banks, along with
flexible structure and security perfection
o Ensure timely submission is being done by various accounting team for stock
statement/ stock audit data/ insurance etc. 3. Credit Monitoring Arrangement (CMA):
o Prepare and submit credit monitoring arrangement reports to banks and
financial institutions in accordance with regulatory requirements.
o Monitor financial covenants and compliance with loan agreements, and
communicate with lenders as necessary.
4. Working Capital Management:
o Optimize working capital management processes to maximize liquidity and
minimize financing costs via WCDL / SBLC backed Buyers Credit/ EPC etc.
o Analyse working capital metrics such as cash conversion cycle, receivables
turnover, and inventory days to identify opportunities for improvement.




o Tracking timely submission of compliance for banks and reversal of penalties
if any levied
5. Ratio Analysis and Covenant Tracking:
o Conduct comprehensive ratio analysis to evaluate financial health and
performance
o Ensuring covenants are similar across in MBA (multiple banking arrangements)
and are being monitored and adhered too
6. Trade Finance, Letter of Credit and Bank Guarantee:
o Manage all aspects of letter of credit and bank guarantee trade operations,
including issuance, negotiation, and compliance, adhering to RBI circulars on
trade finance.
o Liaise with international partners and financial institutions to ensure smooth
trade finance transactions while complying with RBI norms.
o Liaise with banks and financial institutions to negotiate favorable terms and
conditions for trade finance transactions esp. SBLC/ Buyers credit.
o Keeping IDPMS/ EDPMS in control for all banks/ companies.
Qualifications:
• CA, MBA in Finance from a premier institution and relevant work experience or Inter
CA with exceptionally relevant work-ex may also apply.
• 4 to 8 years of relevant experience in financial modeling, trade finance, CMA, working
capital management, banking operations, financial projections, and letter of
credit/bank guarantee trade.
• Strong technical skills in financial analysis, modeling, and reporting.
• Proficiency in Microsoft Excel and financial modeling software.
• Excellent communication and interpersonal skills, with the ability to effectively
collaborate with cross-functional teams.
• Analytical mindset with attention to detail and accuracy.
• Ability to work independently and prioritize tasks in a fast-paced environment.
Benefits:
• Competitive salary commensurate with experience
• Opportunities for career growth and advancement in a dynamic and fast-paced
environment
How to Apply: Please submit your resume to rakhi.kumari@astrongroup.in or hr@
astrongroup.in detailing your relevant experience and qualifications.
About Company: Astron Group is INR 1800 Crs turnover group, with interest in Ceramic raw
material, Glass, Chemical and Gas. The Astron group was set-up by Late Shri Hasmukh Bhai
Thakkar and currently promoted by Mr Upeshbhai Thakkar, his brother Mr. Gaurav Thakkar
and family members. It commenced operations by setting up a manufacturing facility for
Hindustan Cera (now merged with Astron Zircon Pvt Ltd) in 1993. The group manufactures
ceramic frit (raw material used to make ceramic tiles) and liquid glass bottles.




This role presents an exciting opportunity for a seasoned finance professional to play a pivotal
role in the company's project finance and treasury management and further journey towards
JV/ PE/ IPO. The selected candidate will join a dynamic and growth-oriented organization,
contributing to its corporate governance, compliance, and legal excellence.
Before applying, please read about Sunrise glass industry Private Limited
Website: www.sunrisegipl.com and Astron Group website: www.astrongroup.in
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