Lead – Capex Controller
At a glance
Senior Accounting role at Adani Career Site. Mumbai · full-time.
Pay not stated Accounting salary
financeroles summary, based on the employer's posting.
What you'll do
- Set the capex budget rules and approval routes, then check spending against delegated authority
- Track committed spend against budgets and forecast capex, explaining variances across budget lines
- Keep project cost codes and ERP/SAP mappings accurate, resolving coding exceptions promptly
- Control work-in-progress ageing and capitalization, transferring completed costs to fixed assets with supporting records
- Reconcile the asset register, support audits, and close findings while reporting capex status and risks to leaders
What you bring
- A recognized Indian qualification in CA, CMA, MBA Finance or B.Com, matched to the role’s seniority
- Twelve to twenty years of total experience, including nine to sixteen years relevant to the work
- Background in budgeting, cash flow, project controls, audit or compliance, and business partnering
Who this fits
This senior role suits a control-focused finance leader who can also apply commercial judgment across multiple capex-heavy projects. Experience in real estate, infrastructure, hospitality or other project-led settings is preferred.
From the employer
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.
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.