Leads financial management and governance for capital expenditure projects, including budgeting, forecasting, cash-flow control, financial modeling, KPI analysis, procurement oversight, audits, close-out, and vendor negotiations. Partners with CFOs, procurement teams, business units, and project leaders to ensure compliance, cost optimization, value realization, and accurate executive reporting. Strengthens controls, governance, automation, and accountability across capex planning and execution.
Responsibilities
1. Capex Financial Management
- Lead Project and Capex budgeting, financial planning, and controlling for all capex projects.
- Prepare and review detailed financial projections, Financial KPI IRR/NPV analysis, and sensitivity assessments for capital projects.
- Develop, monitor, and control project cash flows, ensuring alignment with approved budgets and funding plans.
- Oversee billing, payouts, milestone-based disbursements, and ensure adherence to financial controls and compliance requirements.
- Ensure timely and accurate MIS reporting on capex performance, cash flows, and budget variances.
2. Procurement & Financial Prudence
- Establish and enforce financial discipline, governance frameworks, and prudence for all large‑scale capex procurement decisions.
- Actively participate in procurement decisions for projects above ₹10 crore, jointly with the Technical and Commercial (TC) teams.
- Review business cases, cost estimates, and commercial terms to ensure value for money and risk mitigation.
- Provide financial oversight and advisory support for smaller capex projects in consultation with the respective BU.
3. Project Oversight & Performance Audit
- Support Business Units in financial close‑out of capex projects, ensuring timely completion of all financial actions and reports.
- Conduct post‑implementation and performance audits of capex projects to assess efficiency, cost control, and value realization.
- Identify cost optimization opportunities and lead or support commercial and financial negotiations with vendors and contractors.
- Ensure lessons learned from completed projects are institutionalized into future capex governance frameworks.
4. Stakeholder Management & Collaboration
- Work closely with CFOs, CPOs, Group Finance, and Procurement teams to align capex strategies across business units.
- Partner with Business Unit Heads and Project Teams to ensure capex objectives are achieved in line with approved financial KPIs.
- Act as a key finance interface for senior management, providing clear, data‑driven insights on capex performance and risks.
5. Reporting, Governance & Accountability
- Ensure accurate, transparent, and timely reporting of capex financial performance to the CFO, CEO and CHMO.
- Maintain high standards of governance, audit readiness, and accountability across all capex‑related financial decisions.
- Monitor performance against approved financial KPIs and initiate corrective actions where deviations are identified.
- Strengthen internal controls and compliance mechanisms for capex planning, execution, and closure.
- Chartered Accountant (CA) – Mandatory.
- Bachelor’s degree in Finance, Accounting, or related discipline.
- 12–16 years of relevant experience in financial management, with strong exposure to:
- Large‑scale capex project finance
- Procurement finance and commercial negotiations
- Financial controls, audits, and governance
- Proven experience in managing financial oversight for capex‑intensive industries (infrastructure, manufacturing, energy, logistics, etc.).
- Strong expertise in financial modeling, budgeting, forecasting, and cash flow management, Presentation.
- Enabler of automation with group, Power BI, MIS
Key Competencies
- Strategic financial thinking and analytical rigor
- Strong stakeholder and cross‑functional collaboration
- High governance, control, and risk management orientation
- Ability to influence procurement and commercial outcomes
- Clear communication and executive‑level reporting capability
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