Designation: Assistant Manager

Location: India Maharashtra Mumbai Paints office

Organization: Paints 4) Key Result Areas :Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) : Key Result Areas

Supporting Actions

Capex Management :

- Assist in preparation and consolidation of Capex budgets across departments.
- Track and monitor Capex approvals, utilization, and actual spend against budget.
- Ensure compliance with internal policies and Delegation of Authority (DOA) for Capex approvals.
- Maintain detailed records of Capex projects, including timelines, financials, and status updates.
- Ensuring timely capitalization of all assets across business.

Budgetary Control :

- Support preparation of annual and quarterly budgets for operating and capital expenses.
- Monitor actuals vs. budget and prepare variance analysis reports .
- Coordinate with departments to gather inputs and validate budget assumptions.
- Assist in periodic budget reviews and reforecasting exercises.

Reporting & Analysis :

- Prepare MIS reports related to Capex and budget utilization.
- Highlight deviations and recommend corrective actions.




- Support financial planning activities with data and insights

Compliance & Documentation :

- Ensure proper documentation and audit readiness for Capex and budgetary transactions.
- Assist in internal and external audits by providing necessary data and clarifications.

Internal Controls & Risk Management :

- Ensuring robust internal controls and coordination with internal auditor for successful completion of audits.
- Follow up with departments for closure of audit observations within stipulated time.
- Conducting self assessment of Internal Financial Controls across business.
- Preparation of SOPs, DOAs, process notes.
- Identifying and presenting the business risks along with mitigation plans to senior management and risk management committee.

Working Capital :

- Preparation of Working capital reports to highlight movement in working capital - mainly receivables, inventory, creditors against budget and month on month as well as quality of working capital.
- Share details of inventory - damaged, non moving inventory with relevant stake holders for taking action for the same.
- Identifying best working capital management techniques for optimizing working capital.

📌 Team Member Capex&budgt.cntrl (Maharashtra)
🏢 Aditya Birla Group
📍 Maharashtra