Assistant Manager – Capex Accounting – Infra Talent Leads HR Solutions

The Corporate Institute; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

The Corporate Institute is seeking a Capex Accountant to assist in accurate recording, tracking, capitalization, and reporting of capital expenditures in line with accounting standards and company policies.

You will review Capex invoices and supporting documents, coordinate with procurement and project teams for correct cost allocation, track project-wise Capex to identify assets ready for capitalization, and verify capitalization entries in the ERP system in accordance with Ind AS/IFRS.

Qualifications

• Experience in Capex accounting and asset capitalization processes.
• Ability to verify Capex invoices and supporting docs.
• Collaborate with procurement and project teams for cost allocation.
• Track project-wise Capex to identify assets ready for capitalization.
• Ensure capitalization entries comply with Ind AS/IFRS.

Responsibilities

• Assist in capitalization of assets and ensure compliance with standards.
• Review Capex invoices and supporting docs.
• Coordinate with procurement and project teams for correct cost allocation.
• Track project-wise Capex to identify assets ready for capitalization.
• Verify capitalization entries in ERP.
• Support audit requirements related to Capex and fixed assets.
• Liaise with teams for timely updates on Capex transactions.

Skills

Capex accounting

Invoice verification

ERP data entry

Cost allocation

Budget vs actual analysis

Cross-functional coordination

Tools

ERP system

Job description

• To assist in the accurate recording, tracking, capitalization, and reporting of capital expenditures (Capex) in compliance with accounting standards and company policies.
• Review and verify Capex-related invoices and supporting documentation.
• Coordinate with procurement and project teams to ensure correct cost allocation.
• Track project-wise Capex to identify assets ready for capitalization.
• Verify asset capitalization entries in the ERP system in line with company policy and Ind AS/IFRS requirements.
• Assist in tracking actual Capex spend against budgets.
• Highlight variances and assist in budget vs. actual reporting.
• Support statutory, internal, and tax audit requirements related to Capex and fixed assets.
• Liaise with project, procurement, and plant teams for timely updates and clarifications on Capex transactions.