Purpose/Objective

End to end responsible for: • capex governance from budgeting to capitalization, ensuring spend is approved, tracked and recorded correctly.

- ERP/SAP WBS/CTC integrity, commitment tracking and utilization visibility to protect capital efficiency.
- CWIP control, asset register accuracy and timely capitalization with audit-ready documentation.
- alignment of capex phasing to milestones and funding drawdowns with end-use discipline.

Key Responsibilities of Role

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.

Technical Competencies

Budgeting & forecasting,Cash flow / treasury control,Financial analysis & MIS,SAP / ERP controls,Audit & compliance

Qualifications and Experience

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 robust control orientation with commercial understanding.

Exposure to multi-project, capex-intensive businesses is preferred.

📌 Lead – Capex Controller (Mumbai)
🏢 Adani Group
📍 Mumbai