Lead - Capital Expenditure Finance Management and Control

Lead - Capex Finance Management and Control

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.

Qualifications

• Chartered Accountant (CA) – Mandatory.
• Bachelor’s degree in Finance, Accounting, or related discipline.
• 8–12 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