Recruitment of Manager Inspection - Chennai

POST : Manager (Inspection) 
POST CODE: INSP/ CHE/ 2014
Location: Chennai 

Eligibility:

1. Age not exceeding 28 years as on 01-09-2014. Relaxation can be considered based on commensurate relevant experience.

2. Qualification : B.Com, BBM, B.Sc (PG preferable) in 10+2+3 format from a UGC recognized University under regular course (not part time / correspondence). Graduates from Open University will not be considered

3. Experience : Minimum Three years experience in branch operation/inspection/credit.

4. Working knowledge of Tamil besides fluency in English required. 

Remuneration: Gross Salary of Rs. 33,000 per month (approx) + Meal coupon+ out of  station travel expenses as per policy

Scope of Work/ Job Description

1) Conducting periodic inspection of Company's Branches as per Inspection Policy /Concurrent Audit / Offsite Inspection (as the case may be).The post involves extensive travelling and candidates should be fit enough to undertake travel as per Company’s requirements.

2) Ensure proper maintenance of Books of Accounts and Records, Registers in RHFL branches as required as per the Company Policy.

3) Scrutiny of all petty cash vouchers, maintenance of cash transactions, cash deposits with Bank accounts physical verification of closing balance of cash. A note on whether adequate security is maintained in cash transactions. Whether all cash transaction vouchers are supported by necessary evidences and receiver / payee has signed the cash vouchers. Overnight cash remains under the dual 

control as defined under company policy.

4) Verification of all Bank vouchers and transactions, maintenance of Bank balance as per the guidelines / circulars issued by the Corporate Office from time to time. Bank reconciliation has been carried out at regular intervals. Review of Bank Reconciliation Statement and statement of account provided by the Bank. Review of items pending for more than a month in the Bank Reconciliation 

Statement. All Bank payment vouchers are supported by relevant documents. No idle balances are held in the current account. There are no stale cheques, which are outstanding for more than three months warranting reversal.

5) Verification of maintenance of various registers including Fixed Assets register and review of the said registers maintained by the branch. Recording of purchase, sale and transfer of fixed assets in the fixed asset register shall be ensured.

6) Whether TDS has been made properly in all payments as per the guidelines in force from time to time.

7) Whether Processing Fee/Administrative Fee has been collected correctly, checking for under/over recovery.

8) Verifying execution of all the loan agreements, Original property documents, EM creation, MOD registration , availability of post MOD ECs .

9) Whether All Loan Sanction Order’s conditions are complied with including loan documentation and enforcement of documents. Obtaining Primary Security Documents and documents related to Collateral Security if any as stipulated in the Loan Sanction Order. Checking of primary security documents for authenticity. 

10) Ensuring collection of Interest Subsidy / CERSAI charges at the time of closure of loan accounts.

11) Calculation of PEMI Interest and correctness of receipts

12) Collection of pre-payment charges and omissions if any noticed

13) Whether, the branch has been regular in depositing all cheques in Bank account in time.

14) Verification of refund of processing and prepayment charges, etc., as per the Company policy and required approvals obtained from appropriate authorities.

15) Review of General Ledger and if any discrepancies noticed.

16) Review Of Inter branch Transactions and Status of Long Pending Items

17) Long pending items in Sundry Creditors and Sundry Debtors. Whether account wise and date wise break –up available for amount outstanding in EMI/PEMI received in advance account.

18) Post Disbursement review of loans.

19) Customer Relationship and Customer Grievance/Complaint Redressal

20) Verification of Compliance With KYC / AML Guidelines

21) Monitoring of the process of collection of post dated cheques

For internal candidates of Repco Group of institutions, those who are eligible for elevation to this 

cadre as per the internal promotion policy can only apply and all applications shall be routed 

through proper channel or with NOC from the Competent Authority. Acceptance of applications 

will depend on fulfillment of the eligibility criterion as detailed above. 

Eligible candidates are requested to apply only as per the enclosed bio-data format 
(along with NOC if applicable). Applications sent in any other format will not be 
considered. 

General Manager (HR)
Repco Home Finance Limited 
Corporate Office 
3rd Floor, Alexander Square
New No. 2, Sardar Patel Road, 
Guindy, Chennai –600 032

Applications in a sealed envelope super-scribing the post code shall be forwarded to the address as given above by post to reach the addressee on or before October 06, 2014. Applications received in any other format or after due date and by any other mode shall not be considered. 

The shortlisted candidates shall be called for further selection process subsequently. The date & venue & mode of the same will be communicated to the shortlisted candidates in due course. The Company reserves the right to accept / reject any /all applications without assigning any reason or even abandon the recruitment process. No further communication/ correspondence in this regard after submission of application will be entertained.