Lead – Capex Controller

Posted 2 Days Ago
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Mumbai, Maharashtra, IND
In-Office
Expert/Leader
Utilities
The Role
Leads capital expenditure financial controls, including budgeting frameworks, approval workflows, forecasting, variance analysis, ERP/SAP coding, CWIP ageing, capitalization, asset reconciliations, payment validation, audit support, funding alignment, and leadership MIS reporting. The role ensures compliance, accurate project cost tracking, timely asset transfers, segregation of duties, and effective financial governance across capex-intensive, multi-project environments.
Summary Generated by Built In
Responsibilities

1. Define capex budgeting framework, approval workflows and DOA compliance for capex spend.
2. Track commitments vs budgets; run periodic forecasting and variance analysis for capex lines.
3. Ensure WBS/CTC mapping and capex coding integrity in ERP/SAP; fix exceptions promptly.
4. Govern CWIP ageing, capitalization policies and timely transfer to fixed assets with documentation.
5. Maintain asset register integrity and run reconciliations; support audits and observation closures.
6. Align capex phasing to project milestones and funding drawdowns; manage end-use reporting.
7. Validate capex payment support documents; enforce controls and segregation of duties.
8. Publish capex MIS (utilization, ageing, capitalization status, risks) for leadership reviews.
 

Qualifications

Qualififcation 

Essential    CA / CMA / MBA (Finance) / B.Com from a recognized Indian institution; qualification to match role seniority.
Desirable/Preferable    CA / CFA / MBA (Finance) with exposure to real estate, project finance or treasury systems.
 

Work Experience (Cumulative)

Total Years (Band)-12-20 years
Years (Relevant)-9-16 years
Seniority (desirable)-Senior function leader
Types of Organization-Large real estate / infrastructure / hospitality developers, project-led corporates, NBFC / treasury-heavy environments.
Types of Sector-Real estate, construction, infrastructure, hospitality, mixed-use developments.
Variety of experience-Budgeting, cash flow, project controls, audit/compliance, business partnering.
Qualitative aspects-Should combine strong control orientation with commercial understanding. Exposure to multi-project, capex-intensive businesses is preferred.
 

Skills Required

  • CA, CMA, MBA in Finance, or B.Com from a recognized Indian institution
  • 12–20 years of total work experience
  • 9–16 years of relevant work experience
  • Experience in budgeting, cash flow, project controls, audit/compliance, and business partnering
  • Strong control orientation combined with commercial understanding
  • Exposure to multi-project, capex-intensive businesses
  • CA, CFA, or MBA in Finance
  • Exposure to real estate, project finance, or treasury systems
  • Experience in large real estate, infrastructure, hospitality, project-led corporate, NBFC, or treasury-heavy organizations
  • Senior function leadership experience
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The Company
HQ: Ahmedabad, GUJARAT
20,544 Employees

What We Do

Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class transport and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its transport logistics and energy utility portfolio businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India. Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ driven by ‘Growth with Goodness’ - a guiding principle for sustainable growth. Adani is committed to increase its ESG footprint by realigning its businesses with emphasis on climate protection and increasing community outreach through its CSR programme based on the principles of sustainability, diversity and shared values. Watch Pehle Pankha Ayega | Phir Bijli Aayegi : https://www.youtube.com/watch?v=1orXXuPzNmY

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