Lead – Capex Controller

Adani Group; Ahmedabad District; On-site; INR 2,800,000 - 4,200,000; Full time

Job summary

Adani Group in Ahmedabad is seeking an experienced finance professional to oversee capex governance from budgeting to capitalization. You will ensure ERP/SAP WBS/CTC integrity, commitment tracking and utilization visibility to protect capital efficiency, with audit-ready documentation.

In this role you will align capex phasing to milestones and funding drawdowns, manage CWIP aging and asset transfers, and maintain an accurate asset register.

Qualifications

• CA/CMA/MBA (Finance) from a recognized Indian institution; seniority suited.
• CA/CFA/MBA Finance with exposure to real estate, project finance or treasury systems.
• Qualification to match role seniority and relevant experience.

Responsibilities

• Define capex budgeting framework, approval workflows and DOA compliance for capex spend.
• Track commitments vs budgets; run periodic forecasting and variance analysis for capex lines.
• Ensure WBS/CTC mapping and capex coding integrity in ERP/SAP; fix exceptions promptly.
• Govern CWIP ageing, capitalization policies and timely transfer to fixed assets with documentation.
• Maintain asset register integrity and run reconciliations; support audits and observation closures.
• Align capex phasing to project milestones and funding drawdowns; manage end-use reporting.
• Validate capex payment support documents; enforce controls and segregation of duties.
• Publish capex MIS (utilization, ageing, capitalization status, risks) for leadership reviews.

Skills

Budgeting & forecasting

Cash flow / treasury control

Financial analysis & MIS

Audit & compliance

Education

CA/CMA/MBA Finance

CFA / MBA Finance exposure

Recognized Indian degree

Job description

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
• Audit & compliance

Qualifications and Experience

• CA / CMA / MBA (Finance) / B.
• Com from a recognized Indian institution; qualification to match role seniority.
• CA / CFA / MBA (Finance) with exposure to real estate, project finance or treasury systems.