Technical Manager – Plant & Machinery Valuation

KEY RESPONSIBILITIES

Valuation - Core

● Lead and review all Plant & Machinery and Movable Assets valuation assignments for bank lending, NPA resolution, and SARFAESI enforcement mandates

● Conduct and supervise physical inspections of manufacturing plants, industrial equipment, and movable assets across diverse industry sectors

● Apply appropriate valuation methodologies - Depreciated Replacement Cost (DRC), Fair Market Value (FMV), Orderly Liquidation Value (OLV), and Forced Sale Value (FSV) - based on mandate requirements

● Benchmark replacement costs for domestic and imported machinery including customs duty, freight, insurance, and erection cost components

● Prepare and sign off on valuation reports to bank-specific and IBBI-compliant standards

● Handle joint inspection visits with bank officials, lawyers, and court-appointed receivers for NPA and SARFAESI mandates

● Manage client deliverables for mandates from PSBs, private banks, NBFCs, and ARCs - ensuring quality and TAT are never compromised

Engineering Services (Preferred - will grow with empanelments)

● Conduct Techno-Economic Viability (TEV) studies for project finance appraisal by lenders

● Undertake Lender's Independent Engineer (LIE) assignments - project monitoring, milestone verification, cost-to-complete certification

● Issue DCCO (Date of Commencement of Commercial Operations) certifications for bank and regulatory compliance

● Review Detailed Project Reports (DPRs) and project cost assessments for bank appraisal purposes

Team & Operations

● Provide technical direction and day-to-day guidance to Field Engineers in the P&M stream

● Review and approve Field Engineer inspection reports before submission for final sign-off

● Coordinate with the Technical Manager - Corporate LB on combined mandates involving factory premises and plant together

● Maintain current knowledge of equipment prices, OEM quotations, and used machinery market values across major asset classes

● Ensure all assignments are tracked, documented, and dispatched in coordination with the MIS team

● Represent the firm at client meetings, empanelment discussions, and technical presentations

ACCREDITATIONS & REGISTRATIONS

IBBI Registered Valuer - Plant & Machinery

● Preferred; candidates currently registered will be given priority

● Candidates in the process of obtaining IBBI registration will be considered

● The firm will support and facilitate registration for the right candidate post-joining

Income Tax Act - Registered Valuer (Section 514, effective 30 September 2026)

● Preferred; candidates who have applied or are eligible under the revised framework will be given preference

● The firm will support registration compliance under the new IT Act provisions for the right candidate

Other - Preferred

● Institution of Valuers (IOV) - membership preferred

● Institution of Engineers (IE) - membership preferred

● RICS - advantageous for foreign bank and ARC mandates; not expected

TECHNICAL COMPETENCIES

Valuation Methodology

● DRC, FMV, OLV, FSV - must be able to select and defend the appropriate basis for each mandate type

● Depreciation computation - Companies Act, Income Tax Act, and insurance basis

● Imported machinery valuation - customs duty, freight, erection, commissioning cost components

● Reading and interpreting engineering drawings, plant layouts, process flow diagrams, and equipment specifications

Asset Class Coverage - should cover most of the following

● Manufacturing - textile, food processing, pharmaceuticals, auto ancillary, printing and packaging

● Heavy engineering - steel, cement, ceramics, glass, chemicals, fertilisers

● Hospitality and commercial equipment - hotel kitchens, hospital equipment, cold chain infrastructure

● Construction equipment and transport fleet

● Imported, specialised, and bespoke plant

Engineering Services

● TEV study methodology - financial and technical viability assessment for project lending

● LIE mandate execution - site monitoring, progress reporting, cost-to-complete certification

● DCCO documentation - certification process and lender reporting requirements

• Experience

  7 - 12 Years

• No. of Openings

  1

• Education

  Graduate (B.Tech/B.E)

• Role

  Technical Manager

• Industry Type

  Financial Sector

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office