Role Overview
The CAPEX Controller - Sricity is the dedicated finance partner for Mondelēz India's single largest-ever capital investment - building the biggest chocolate factory in the world. This high-impact, high-visibility role owns end-to-end financial management of the Sricity expansion: CAPEX planning, procurement controls, cash & payables, fixed asset management, and capitalization & depreciation governance.
Key Responsibilities
CAPEX Planning & Governance:
- Lead financial planning, investment approvals, ROI evaluation, and phased spend execution for the Sricity program - the largest CAPEX initiative in Mondelēz India, representing >50% of total country CAPEX.
- Conduct post-implementation reviews; collaborate with AMEA regional teams for major investment approvals.
- Partner with the Site Director and Engineering teams on capacity & capability readiness aligned to growth milestones.
Procurement Controls & Finance Partnering:
- Act as the on-ground finance partner to engineering & procurement - validating spend decisions, negotiating vendor payment terms, and ensuring performance-based clauses (milestone releases, penalty provisions, post-installation holds).
- Review all vendor contracts for financial soundness in partnership with the dedicated legal resource.
Cash Management & Payables:
- Drive quarterly cash planning with the India Cash COE - determining spend, advances, and deferrals aligned to COE cycles.
- Coordinate with Accenture team for timely vendor payments; manage non-standard one-time payables outside automated cycles.
- Enforce controls around advance and deferred payments based on milestones and vendor performance.
Fixed Asset Management & Capitalization, Depreciation:
- Own end-to-end fixed asset lifecycle - CWIP accumulation & tracking pre-commissioning, on-ground asset verification, and physical reconciliation at site.
- Drive capitalization once assets are commissioned - ensuring accuracy, completeness, and audit readiness.
- Lead capitalization reviews and manage depreciation schedules for all Sri city assets in line with accounting standards and internal policies.
- Partner with the AER team on policy alignment; support internal & external audits on CAPEX, fixed assets, and depreciation.
Contract & Commercial Review:
- Review all vendor contracts for financial soundness: payment terms, milestone-based releases, penalties, and post-installation disbursement conditions (e.g., final 10-20% held until successful commissioning).
Mandatory Requirements
Total Experience - Minimum 3-6 years in finance roles
CAPEX Experience - Minimum 1-2 years of hands-on CAPEX management - non-negotiable
Qualification- CA / MBA Finance (preferred)
Preferred Background- Plant finance with CAPEX/depreciation focus; FMCG or large-scale greenfield/brownfield exposure
Knowledge & Skills:
- Functional: Deep CAPEX lifecycle knowledge (planning - procurement - installation - capitalization - depreciation); cash management & working capital principles; procurement and contract commercial clauses.
- Technical: CAPEX evaluation & ROI modelling; fixed asset accounting (CWIP, capitalization, depreciation); SAP (preferred); advanced Excel & dashboarding.
- Competencies: Strong on-ground coordination & physical site presence; cross-functional collaboration (engineering, procurement, legal, finance); ability to influence from analyst to director level; structured analytical mindset; effective communication in a fast-paced expansion environment.
Key Stakeholders
Site Director - Sricity, Engineering & Procurement Teams, India Cash COE, Accenture (Payables), Legal Team, AER / Accounting Team, Plant Finance Teams, MSC Finance / COE / BU Finance, Regional SC Finance - AMEA
Within Country Relocation support available and for candidates voluntarily moving internationally some minimal support is offered through our Volunteer International Transfer Policy
Business Unit Summary
Mondelez India Foods Private Limited (formerly Cadbury India Ltd.) has been in India for over 70 years, making sure our mouth-watering and well-loved local and global brands such as Cadbury chocolates, Bournvita and Tang powdered beverages, Oreo and Cadbury Bournvita biscuits, and Halls and Cadbury Choclairs Gold candies get safely into our customers hands-and mouths. Headquartered in Mumbai, the company has more than 3,300 employees proudly working across sales offices in New Delhi, Mumbai, Kolkata and Chennai and in manufacturing facilities at Maharashtra, Madhya Pradesh, Himachal Pradesh and Andhra Pradesh, at our global Research & Development Technical Centre and Global Business Hub in Maharashtra and in a vast distribution network across the country. We are also proud to be recognised by Avatar as the Best Companies for Women in India in 2019 - the fourth time we've received this award.
Mondelēz International is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation or preference, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Job Type
Regular
Finance Planning & Performance Management
Finance
Skills Required
- Total finance experience 3-6 years
- Hands-on CAPEX management experience 1-2 years
- CA or MBA Finance
- Plant finance with CAPEX/depreciation focus
- FMCG or large-scale greenfield/brownfield project exposure
- Deep CAPEX lifecycle knowledge (planning to depreciation)
- CAPEX evaluation and ROI modelling
- Fixed asset accounting (CWIP, capitalization, depreciation)
- SAP experience
- Advanced Excel and dashboarding skills
- Strong on-ground coordination and physical site presence
- Ability to influence stakeholders from analyst to director level
Mondelēz International Compensation & Benefits Highlights
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Retirement Support — The 401(k) program is characterized by strong company matching, with some eligible groups also receiving a base company contribution. Feedback suggests negotiated updates at represented sites have further enhanced retirement features.
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Healthcare Strength — Coverage spans medical, dental, vision, mental‑health resources, life and disability insurance, and tax‑advantaged accounts, supported by wellness and EAP offerings. Onsite or company‑sponsored wellbeing initiatives provide additional day‑to‑day support.
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Parental & Family Support — A published global parental‑leave standard and resources such as lactation/wellness rooms signal structured support for caregivers. Bonding leave for all caregivers and other family‑care supports are highlighted in published materials.
Mondelēz International Insights
What We Do
Mondelēz International, Inc. (NASDAQ: MDLZ) is an American multinational confectionery, food, and beverage company based in Illinois which employs approximately 90,000 individuals around the world. Our Purpose Our purpose is to empower people to snack right. We will lead the future of snacking around the world by offering the right snack, for the right moment, made the right way. Our Brands We’re leading the future of snacking with iconic brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Our People Our 90,000+ colleagues around the world are key to the success of our business. Our Values and Leadership Commitments of Love our Consumers and Brands, Grow Every Day, and Do What's Right shapes our culture – what we believe in, stand for, and what guides our actions and decisions. Great people and great brands. That’s who we are. Our Strategies We are uniquely positioned to lead the future of snacking with strong leadership in our categories, an unparalleled portfolio of global and local brands, and a solid footprint in fast-growing markets. Aimed at delivering sustainable growth, our strategic plan is centered around three strategic priorities: • Growth: accelerate consumer-centric growth • Execution: drive operational excellence • Culture: build a winning growth culture
Why Work With Us
We offer passionate, energetic and curious people a huge choice of careers in our fun, fast-paced, global business. We operate in four regions: Asia, Middle East & Africa; Europe; Latin America; and North America. And in over 80 countries our people are united in a common purpose to empower people to snack right.
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