Reporting To:

• Chief Financial Officer- Finance-related works

• Director- Insurance-related works

Works Closely With:

• Chief Financial Officer

Job Description:

Responsible for arranging and maintaining adequate working capital

funding (both fund-based and non-fund-based limits) at competitive

interest rates. Managing construction equipment loans to ensure optimal

cost of funds. Ensuring timely renewal of credit facilities and

procurement/renewal of all required insurance policies for the company.

Key Roles and Responsibilities:

1. Banking Functions:

• Preparation and submission of proposals for working capital limits

(fresh, renewal, and enhancement), including CMA data and cash

flow/budget statements.

• Coordination with bankers for sanction, renewal, and smooth

operation of working capital facilities.

• Daily interaction with banks and timely submission of required data

and reports.

• Preparation and submission of monthly Drawing Power (DP)

statements.

• Handling issuance of Bank Guarantees (BGs) and Letters of Credit

(LCs).

• Coordination and management of stock audits, Bank audits, cash

flow monitoring, and ASM audits.

• Arranging term loans and hypothecation loans as per company

requirements.

• Liaising with project sites and clients for BG requirements, including

issuance, extension, and reduction.

• Preparation of financial follow-up and monitoring reports.

• Opening of JV accounts, Escrow Accounts and Current Accounts

• Preparation and submission of monthly and quarterly financial

statements as required by banks.

• Maintenance of accounts for a listed company (Steadfast

Corporation Ltd) and handling quarterly financial results publication.

• Creating Ledgers in Tally

2. Insurance Functions :





• Procuring and renewing insurance policies for the company,

including project-related and vehicle insurance.

• Handling and coordinating insurance claim settlements, including

worker-related and vehicle-related claims.

Key Deliverables:

1. Banking & Finance

• Timely preparation and successful sanction/renewal of working

capital limits with complete CMA data and financials.

• Ensuring smooth banking operations through regular

coordination and compliance with all bank requirements.

• Accurate and timely submission of Drawing Power (DP)

statements and other periodic reports.

• Efficient management of Bank Guarantees (BGs) and Letters of

Credit (LCs), ensuring availability as per project needs.

• Successful arrangement of term loans and other credit facilities

aligned with company requirements.

• Effective handling of stock audits, bank audits, and ASM audits

with minimal observations.

• Timely preparation and submission of monthly/quarterly

financial statements to banks and stakeholders.

• Preparation of financial monitoring and follow-up reports to

support decision-making.

• Maintenance of accurate books of accounts, including ledger

creation in Tally.

• Ensuring compliance and timely publication of quarterly

financial results for the listed entity (Steadfast Corporation Ltd).

2. Insurance

• Timely procurement and renewal of insurance policies (project

and vehicle),



ensuring adequate risk coverage.

• Efficient handling and closure of insurance claims (worker-

related and vehicle-related) with maximum recovery and

minimal delays.

Key Competencies

• Banking & Treasury Management Expertise in working capital

management, fund-based and non-fund-based limits, and banking

operations.

• Financial Analysis & CMA Preparation – Robust skills in preparing

CMA data, cash flow statements, and financial projections.

• Credit & Loan Management – Experience in arranging term loans,

working capital facilities, and handling loan documentation.

• Bank Liaison & Relationship Management – Effective coordination

with banks for sanctions, renewals, and compliance.

• Trade Finance Operations – Handling of Bank Guarantees (BGs) and

Letters of Credit (LCs).

• Financial Reporting & Compliance – Preparation of

monthly/quarterly financials and ensuring compliance with banking

and statutory requirements.

• Audit Coordination – Managing stock audits, bank audits, and

internal/ASM audits efficiently.

• Insurance Management – Procurement, renewal, and claims

handling of project and vehicle insurance policies.

• Risk Management – Monitoring financial exposure, insurance

coverage, and compliance risks.

• Accounting & Tally – Ledger creation, account maintenance, and

hands-on experience with Tally.

• Data Management & Reporting – Timely submission of accurate

financial data and MIS reports.

• Coordination & Communication – Strong cross-functional

coordination with banks, auditors, clients, and internal teams.

• Attention to Detail & Compliance Orientation – Ensuring accuracy

and adherence to financial and regulatory requirements

📌 Assistant Manager (Hyderabad)
🏢 Tracks & Towers
📍 Hyderabad