The Assistant Manager – CFMC will play a critical role in establishing strong financial discipline, governance, and prudence across all capital expenditure (capex) projects.
The role is responsible for end-to-end financial oversight of capex planning, procurement decisions, execution, monitoring, close out, and performance audits.
The position will ensure timely MIS, robust stakeholder management, and value creation through financial rigor and controls.
Key Responsibilities of Role
- Budget preparation by interacting with cross functional teams and project managers.
- Coordinate with project managers and procurement to validate Capex spend and asset classification.
- Preparation & analysis of monthly Capex MIS.
- Track Capital expenditure with respect to budget and reporting the same to the management on fortnightly basis.
- Identify process improvements to enhance accuracy & efficiency in Capex reporting.
- Preparation of data for Multi Year Tariff Plan to be submitted to AERA.
- Tracking Capital expenditure and capitalization w.
r.
t AERA approved projects.
- Monitor fuel procurement, storage and distribution costs of Fuel Farm operations.
- Oversee timely and accurate billing for fuel services as per contract.
- Oversee timely and accurate booking for expenses related to fuel services.
- Coordinate with finance and other departments for reconciliations, audits and payment follow ups.
- Maintain records of fuel uplift, inventory and sales.
- Liaise with oil marketing companies (OMCs) and airport authorities.
- Ensure SLAs with service providers are met.
- Support audit and inspection by external agencies.
- Ensure adherence to DGA, AERA, PESO and other relevant authorities’ guidelines.