CAPEX Controller

CAPEX Controller

Responsibilities

 CAPEX Planning & Budgeting
1. Prepare annual and project-wise CAPEX budgets in alignment with business plans.
2. Collaborate with Project, Procurement, and Engineering teams to finalize cost estimates.
3. Support leadership in financial feasibility analysis and investment planning.

 Project Costing & Analysis
1. Maintain project-wise cost tracking (material, labor, services, logistics, etc.).
2. Conduct variance analysis and identify cost leakages or overruns.
3. Prepare dashboards and MIS reports for leadership review.

 Capitalization & Asset Accounting
1. Ensure timely and accurate capitalization of assets as per accounting standards.
2. Coordinate with Finance & Accounts for asset creation, tagging, and depreciation.
3. Maintain fixed asset register for Smart Metering projects.

 Vendor & Invoice Management
1. Validate CAPEX-related vendor invoices against approved budgets and work completion.
2. Ensure timely processing of payments in coordination with Accounts Payable.
3. Monitor advances and ensure proper adjustment/closure.

 Compliance & Audit
1. Ensure compliance with internal financial policies, statutory requirements, and audit
guidelines.
2. Support internal and external audits by providing necessary documentation.
3. Maintain proper documentation for all CAPEX approvals and transactions.

 Stakeholder Coordination
1. Work closely with Project Heads, Cluster Heads, Procurement, and Finance teams.
2. Provide financial insights to support decision-making at project and leadership levels.
3. Act as a financial partner for project execution teams.

Qualifications

Educational Qualification: CA / CMA / MBA (Finance) / B.Com with relevant experience
Experiences: 5–10 years of experience in CAPEX control, project finance, or commercial roles
Preferably in Infra / Power / Utilities / Smart Metering / EPC projects