08 Aug
|
Mondelez
|
Sri City
- Job Description- Role Overview
The CAPEX Controller Sri city is the dedicated finance partner for Mondelz 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 Sri city 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 Mondelz 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/ CMA (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 quick-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
📌 Senior Analyst Capex Controller (Sri City)
🏢 Mondelez
📍 Sri City