Sr. Associate (On Contract)

About IFCI Ltd

IFCI is a Systematically Important Non Deposit Taking Non-Banking Finance Company (NBFC-ND-SI) in the public sector. Established in 1948 as a statutory corporation, IFCI is a public limited company listed on BSE and NSE. IFCI has six number of subsidiaries and one associate under its fold. IFCI is having mandate to provide financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kind of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. During its 75 years of existence, mega projects like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, Raichur Power Corporation, to name a few, have been setup with financial assistance of IFCI. IFCI also provides Government Advisory services and Corporate Advisory services. In Government Advisory, IFCI is appointed as a Project Management Agency (PMA) for various Production Linked Incentive (PLI) schemes launched under the aegis of "Atmanirbhar Bharat" by the Government of India. These schemes are aimed at boosting domestic manufacturing and to attract large investment in the identified sectors. IFCI is also the Verifying & Monitoring Agency for various capital subsidy schemes. Under Corporate Advisory, IFCI is offering financial advisory, ESG advisory and other Project advisory services to the Corporate & Government sectors. IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984. IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984.

Qualification

• Chartered Accountant (CA) or B.Tech./B.E. with MBA or equivalent from a recognized University.

Maximum Age

• 38 years as on 31/07/2026.

Experience Required

• Should have at least 06 years of post-qualification experience in Financial Sector/Consulting etc, credit appraisal of proposals; project / financial modelling; portfolio monitoring and recovery actions
• Experience in dealing with Government Departments/Ministries regarding various Consulting/Advisory assignments shall be an added advantage.

Preferred Skills

• Should have knowledge of GST, Audit, Project Appraisal & Monitoring, Finance, Credit.
• Strong analytical, problem-solving, and financial modelling skills.
• Must be technology savvy and well exposed to advisory business.
• Proficiency in Microsoft Office (word, excel and PowerPoint) and other relevant software programs.
• Should have good drafting skills.
• Excellent communication and interpersonal skills.

Key Objectives and Responsibilities:

• Technical review of applications received under the various schemes.
• To appraise the application received, processing of applications and determining eligibility under the scheme.
• To monitor/verify investment made by the applicants under the scheme as also progress of the project.
• To verify claims, financial review, etc. as may be required for assessment of applications under the scheme

For more information, please check the link: Senior Associate

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