Finance Operations Manager

Company Overview

Company details are not specified.

Job Summary

The Finance Operations Manager will be responsible for managing end-to-end finance operations, ensuring accurate financial reporting, compliance, and data management across multiple stakeholders. This role is integral to maintaining financial health and operational efficiency within the organization.

Responsibilities

• Invoice Processing & Accounting

  • Process invoices and manage payments on a periodic basis.
  • Record company account transactions and maintain proper documentation.
  • Prepare and manage purchase orders.

• Onboarding and Managing Lenders

  • Respond to due diligence data requests from incoming lenders.
  • Prepare and share monthly information covenants and requests for lenders.

• Banking & Cash Flow Management

  • Monitor monthly bank statements and cash flows.
  • Track and manage debt EMI repayments.
  • Handle term loan drawdowns and repayment schedules.

• Loan Portfolio & Customer Management

  • Manage customer Statements of Account (SOAs) and foreclosure statements.
  • Handle loan balance confirmations and outstanding tracking.
  • Prepare and maintain loan outstanding data and repayment workings.

• Collections, Settlements & Recoveries

  • Track settlement cases and repossessions, recoveries, and write-offs while maintaining related Management Information Systems (MIS).
  • Prepare collection MIS including Portfolio At Risk (PAR) data, static pool, and monthly debt lists.

• MIS & Reporting

  • Prepare internal and investor MIS on a monthly basis, including portfolio cuts and performance reports.

• Reconciliations & Financial Analysis

  • Perform monthly reconciliations (e.g., Niyogin reconciliation, Plant Insurance) ensuring accuracy in financial data and reporting.

• Compliance & Covenant Reporting

  • Prepare quarterly covenant data for lenders.
  • Manage book debts hypothecation data and certifications.
  • Coordinate with investors and lenders for data sharing and audits.
  • Manage loan tapes, covenant compliance, and reporting for External Commercial Borrowing (ECB).

Qualifications

• Education:

  • Qualified Chartered Accountant (CA) is strongly preferred.

• Key Skills:

  • Strong understanding of finance, accounting, and lending operations.
  • Experience in MIS reporting and financial analysis.
  • Proficiency in Microsoft Excel and financial data management.
  • Knowledge of loan lifecycle, repayments, and collections.
  • Excellent ability to handle multiple stakeholders and manage deadlines.

Preferred Skills

• Familiarity with financial compliance and reporting standards.
• Experience with financial software and database management.

Experience

• Specific years of experience are not specified, but relevant experience in finance operations is essential.

Environment

• Work setting details are not specified, indicating potential flexibility regarding location.

Salary

• Salary details are not specified.

Growth Opportunities

• Potential career advancement opportunities within the finance department may be available, though specific pathways are not listed.

Benefits

• Benefits information is not specified.