Capex Accounting

Aditya Birla Renewables Limited; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

Aditya Birla Renewables Limited is seeking a finance professional to oversee Capex and Opex budgets and build a Management Information System for Capex activities.

You will collaborate with cross-functional teams, monitor spending, perform financial analyses including ROI, and produce reports for senior management.

2–4 years post-qualification experience required; strong budgeting, financial acumen, and risk awareness preferred.

Qualifications

• 2–4 years post-qualification experience in finance/budgeting.
• Strong understanding of Capex and Opex budgeting.
• Experience in designing and maintaining MIS for Capex.
• Proficient in financial analysis and ROI calculations.
• Awareness of compliance and risk management.

Responsibilities

• Capex Budget Management: Develop, monitor, and control the annual Capex budget.
• Opex Budget Management: Develop and manage Opex budgets and forecast spending.
• MIS: Design, develop, and maintain a comprehensive MIS for Capex activities.
• Financial Analysis: ROI, payback, and other metrics; prepare reports for senior management.
• Compliance & Risk: Ensure policy compliance and mitigate financial/risk issues.

Skills

Capex Budgeting

Opex Budgeting

MIS Development

Financial Analysis

ROI Calculations

Risk Management

Excel

BI Dashboards

Tools

Excel

BI Dashboards

Job description

The primary responsibility will be to oversee and manage the capital expenditure (Capex) and operational expenditure (Opex) budgets of the organization. You will also be responsible for developing and maintaining a Management Information System (MIS) related to Capex activities. This role requires a strong understanding of financial management, budgeting, and renewable energy industry dynamics

Principal Accountabilities

Accountability

Supporting Actions

Capex Budget Management

• Develop, monitor, and control the annual Capex budget for the organization.
• Collaborate with cross-functional teams to identify capital investment needs and align them with the organization's strategic goals.
• Review project proposals, financial justifications, and feasibility studies to ensure optimal utilization of resources.
• Track and report Capex spending against the budget, providing regular updates to management.

Opex Budget Management

• Assist in developing and managing the Opex budget, including expenses related to operations, maintenance, and other recurring costs.
• Work closely with department heads to understand their Opex requirements, forecast spending, and control costs.
• Conduct variance analysis to identify deviations from the budget and provide recommendations for improvement.
• Monitor Opex trends and implement strategies to optimize expenses while maintaining operational efficiency.

Capital Expenditure Management Information System (MIS)

• Design, develop, and maintain a comprehensive MIS for Capex activities, including project tracking, financial analysis, and performance metrics.
• Generate regular reports and dashboards to provide insights into Capex utilization, project status, and financial performance.
• Collaborate with IT teams to ensure data integrity, system reliability, and security.
• Identify opportunities for process automation and implement tools or software solutions to enhance efficiency.

Financial Analysis and Reporting

• Conduct financial analysis, including ROI calculations, payback period, and other relevant metrics, to evaluate the viability of capital projects.
• Prepare financial reports, forecasts, and presentations for senior management and stakeholders.
• Provide recommendations based on financial analysis to support strategic decision-making and investment prioritization.
• Compliance and Risk Management
• Ensure compliance with internal financial policies, regulatory requirements, and accounting standards.
• Identify and mitigate financial and operational risks associated with Capex activities.
• Collaborate with internal audit and risk management teams to address control deficiencies and implement risk mitigation measures.

Criteria:

2 - 4 years of post qualification experience.