Job Description:

Section

Details

Company

Kotak Infrastructure Debt Fund Limited

Job Title

Chief Financial Officer (CFO)

Entity Type

Debt‑Listed Infrastructure Debt Fund – NBFC

Location

BKC, Mumbai

Reporting To

Chief Executive Officer

Grade

M7: Vice President

Key Responsibilities

Functional Area

Key Responsibilities

Financial Reporting & Ind AS

• Preparation of financial statements under Ind AS, RBI guidelines, and Companies Act. The company needs to prepare Indian GAAP financials for Parent company reporting and Ind AS for Statutory books
• Preparation of quarterly and annual results and disclosures
• Robust MIS and financial analytics for Board and Committees

Regulatory Interface

• Compliance with RBI regulations applicable NBFCs
• Handling RBI inspections, supervisory communications, and submissions from finance perspective

• Compliance with SEBI LODR for listed NCDs and Related party guidelines
• Timely submission of financial results, asset cover, covenant compliance
• Liaison with stock exchanges, debenture trustees, and rating agencies

Trial Balance & Financial Closure

• Ensure timely and accurate preparation of monthly trial balances, with full reconciliation of all balance sheet and P&L; accounts
• Oversee period‑end closure processes (monthly / quarterly / annual) as per defined closing calendars
• Review and validate journal entries, provisions, accruals, EIR, fair valuation, and impairment adjustments under Ind AS
• Ensure completion and review of bank, escrow, lender, trustee, and inter‑company reconciliations
• Maintain strong maker–checker controls, audit trails, and timely resolution of reconciliation breaks
• Ensure trial balance integrity supports statutory reporting, RBI returns, IFC Audits, SEBI disclosures, and MIS accuracy

Accounts Payable & Expense Governance





• Oversee end‑to‑end accounts payable function, including vendor onboarding, invoice validation, and payment processing
• Ensure expenses are properly authorised, budget‑aligned, and supported by valid documentation
• Ensure timely booking of expenses, accruals, and provisions
• Ensure compliance with TDS, GST, withholding tax, and statutory deductions prior to payments
• Monitor vendor ageing, reconciliations, and timely resolution of disputes
• Strengthen controls to prevent duplicate payments, leakages, or unauthorised expenses

Loan Operations Oversight

• Provide oversight of loan operations across the lifecycle, including disbursements, repayments, interest servicing, prepayments, and closures
• Ensure accurate booking of loans, accrual of interest, fees, and charges, and alignment with sanctioned terms and legal documentation
• Oversee monitoring of repayment schedules, overdue tracking, and reconciliation with escrow and collection accounts
• Ensure correct and timely classification of assets (standard / stressed / NPA) in coordination with credit, risk, and compliance teams
• Oversee ECL inputs, cash‑flow modelling, and staging assessments from an operations and data‑integrity perspective
• Strengthen operational controls around disbursement conditions precedent (CPs), documentation tracking, and post‑disbursement monitoring
• Ensure operational readiness for RBI inspections, statutory audits, trustee audits,



and rating surveillance relating to loan operations

Treasury, ALM & Liquidity

• Fund raising via NCDs
• ALM management aligned to long‑tenor infrastructure assets
• Monitoring cost of funds, liquidity buffers, and stress scenarios

Taxation & Structuring

• Direct and indirect tax compliance (Income Tax, GST, TDS)
• Management of tax audits, assessments, and litigation

Governance & Internal Controls

• Strengthening internal financial controls, accounting policies, and SOPs
• Supporting Audit Committee and RMC with financial and risk reporting
• Closure of statutory, internal, IFC and RBI audit

Financial Strategy & Capital Planning

• Formulate and execute financial strategy aligned with the IDF mandate
• Capital planning, leverage optimisation and CRAR management

Stakeholder & Investor Management

• Engagement with rating agencies, lenders, investors, and debenture trustees
• Credit rating surveillance and investor communications
• Interaction with sponsors, banks, DFIs, and institutional investors

Team Leadership

• Lead finance, accounts, treasury, and taxation teams
• Capability building, performance management, and succession planning

Qualifications Skills & Experience

Category

Requirements

Educational Qualification

Chartered Accountant (CA) – Mandatory

Experience

10+ years post‑qualification experience

Relevant Exposure

NBFCs / IDFs / Infrastructure finance entities

Preferred Experience

Handling listed debt instruments and regulatory interactions

Technical Expertise

NBFC regulations, RBI SBR framework, Ind AS, SEBI LODR, listed debt compliance

Functional Strength

Treasury, ALM, long‑term funding

Leadership Skills

Board‑level communication, stakeholder management, team leadership

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