Banking And Finance Operations

We are looking to hire Assistant Manager - Banking and Finance Operations for one of our client in Manufacturing company.

Job Title: Assistant Manager – Banking & Finance Operations

Department: Finance & Accounts

Reporting To: Finance Head / CFO

Location: HO (Delhi)

Role Purpose

The Assistant Manager – Banking & Finance Coordination is responsible for managing all banking-related operations, loan documentation, credit facilities, and statutory compliance reporting to banks. The role supports the Finance Head/CFO in ensuring smooth financial communication with bankers, timely renewals, and execution of financial instruments.

Key Responsibilities

1. Banking Operations & Liaison

* Act as the primary point of contact between the organization and banking partners.

* Manage day-to-day coordination with banks for routine financial and operational matters.

* Maintain strong relationships with bankers to ensure timely processing of requests.

2. Handling of Credit Facilities

* Manage all banking instruments including:

 * Letters of Credit (LC)

 * Bank Guarantees (BG)

 * Bill Discounting & DP Facilities

 * Fund-based & Non-fund-based limits

* Ensure timely issuance, amendments, and closure of LCs/BGs as per business needs.

3. Loan Documentation & Renewals

* Coordinate and support the Finance Head in:

 * New loan proposals

 * Enhancement of credit limits

 * Annual renewal of working capital facilities

* Prepare and submit required financial data and documentation to banks.

4. Compliance & Statutory Submissions to Banks

* Ensure timely submission of periodic compliance documents such as:

 * Stock & Book Debt Statements

 * Quarterly Information System (QIS) reports

 * CMA data updates

 * Audit reports, certificates, and financial declarations

* Track compliance schedules and avoid delays or penalties.

5. Financial Reporting & Support to CFO Office

* Assist in preparation of financial summaries and MIS reports required for banking review.

* Provide support in fund planning, cash flow monitoring, and banking presentations.

* Coordinate internally with accounts, sales, and operations teams for data requirements.

6. Documentation & Record Management

* Maintain complete records of:

 * Sanction letters

 * Loan agreements

 * LC/BG registers

 * Compliance filings and bank correspondences

* Ensure proper audit trail and documentation control.

Skills & Competencies

* Strong knowledge of banking processes, credit facilities, and working capital management.

* Sound understanding of financial documentation and compliance requirements.

* Excellent coordination, communication, and negotiation skills.

* Proficiency in MS Excel, ERP systems, and reporting tools.

* Ability to work under deadlines and manage multiple banking activities.

* He/she should have the expertise in ERP.

Qualifications & Experience

* CA Inter/Graduate/Post Graduate in Commerce, Finance, or MBA (Finance).

* 4–8 years of experience in banking operations, corporate finance, or treasury functions.

* Experience in manufacturing industry will be preferred.

Key Performance Indicators (KPIs)

* Timely completion of loan renewals and banking documentation.

* Efficient handling of LC/BG issuance and compliance.

* Accuracy and timeliness of submissions to banks.

* Effective support in CFO-level financial operations.