Himatsingka Seide - Assistant General Manager - Finance - Fund Raising Vertical

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 Groups 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.

• A Bachelors or Masters degree in Finance, Accounting, Business Administration, or a related field. Professional certifications such as CA (Chartered Accountant) or MBA (Finance) are highly preferred.

• 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)