30 Aug
|
Suma Shilp
|
Pune
SUMA SHILP LIMITED
Position
Senior Manager - Finance & Capital Closure
Role Overview
Suma Shilp is scaling rapid, with residential and commercial projects across Pune, MMR (Mumbai Metropolitan Region), and GIFT City. The Senior Manager - Finance & Capital Closure owns financial closure end-to-end — securing construction finance, locking the capital stack (bank CF, NBFC tranches, AIF/NCD instruments), managing lender documentation, and driving timely disbursement. A hands-on, high-accountability role demanding urgency, precision, and strong institutional relationships.
Key Responsibilities1. Financial Closure & Capital Stack Execution
- Drive financial closure for active projects from term sheet to first disbursement, owning the timeline.
- Coordinate and lock all tranches of the capital stack: bank construction finance (CF), NBFC/HFC senior debt, mezzanine/AIF instruments (including PIK NCDs), and promoter equity contribution.
- Own term sheet review, negotiation, and progression — tracking open conditions, lender queries,
and approval milestones across all active funding lines simultaneously.
- Maintain a live financial closure tracker covering sanction status, documentation completion, disbursement conditions, and outstanding CPs (Conditions Precedent) across all lenders.
- Ensure capital availability is aligned with construction draw-down schedules; proactively flag shortfalls or disbursement delays.
2. Construction Finance (CF) - Lender Management
- Lead active engagement with bank and NBFC lenders for construction finance sanctions — managing appraisal, due diligence, site visits, and internal credit approval processes.
- Prepare and submit all lender-required documentation: Information Memorandum (IM), project cost statements, cost-to-complete, QS reports, end-use certificates, and progress reports.
- Coordinate MODT, security creation, title confirmation, and legal documentation with internal legal and external counsel.
- Manage draw-down requests and en
📌 Senior Manager (Pune)
🏢 Suma Shilp
📍 Pune