Technical Manager – Plant & Machinery Valuation

Sidvik Associates; Mumbai; On-site; INR 1,200,000 - 1,900,000; Full time

Job summary

Sidvik Associates seeks a Technical Manager to lead valuation assignments, covering plant, machinery, and movable assets for bank lending, NPA resolution, and SARFAESI mandates. Responsible for inspections, applying DRC/FM V/OLV/FSV methods, and report sign-off to IBBI standards.

You will coordinate with banks, lawyers, and receivers, ensuring timely, high-quality deliverables while guiding field engineers in the P&M stream and maintaining current market knowledge.

Qualifications

• IBBI Registered Valuer - Plant & Machinery preferred.
• Candidates in the process of obtaining IBBI registration will be considered.

Responsibilities

• Lead valuation assignments for bank lending, NPA, SARFAESI mandates.
• Supervise physical inspections of plants and equipment.
• Prepare and sign off valuation reports to IBBI-compliant standards.
• Coordinate with banks, lawyers and receivers for mandates.
• Guide Field Engineers and ensure quality and TAT in deliverables.

Skills

Asset valuation

Team leadership

Report writing

Stakeholder management

Education

B.Tech/B.E.

Tools

Valuation software

MS Excel

Job description

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

Job Details

• 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