Lead – Capex Controller

Adani Group; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Adani Group in Mumbai is seeking a senior finance leader to own capex budgeting framework, ensure DOA compliance, and manage capitalization and asset transfers across multiple projects. You will oversee forecasting, CWIP ageing, asset register integrity, and capex MIS for leadership reviews, with emphasis on internal controls and multi-project environments.

Candidates should have CA/CMA/MBA Finance or equivalent, 12–20 years of experience with real estate/infrastructure exposure and a track

Qualifications

• Essential: CA / CMA / MBA (Finance) / B.Com from a recognized Indian institution; seniority-match.
• Desirable: CA / CFA / MBA (Finance) with exposure to real estate, project finance or treasury systems.
• Work Experience: 12–20 years total; 9–16 years relevant; senior function leader in large real estate/infrastructure/hospitality.

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

Capex budgeting

Forecasting

Variance analysis

ERP/SAP

Asset accounting

Internal controls

Audits

Multi-project management

Education

CA / CMA / MBA (Finance) / B.Com

Job description

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.

Qualifications

Qualififcation

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

Work Experience (Cumulative)

Total Years (Band)-12-20 years
Years (Relevant)-9-16 years
Seniority (desirable)-Senior function leader
Types of Organization-Large real estate / infrastructure / hospitality developers, project-led corporates, NBFC / treasury-heavy environments.
Types of Sector-Real estate, construction, infrastructure, hospitality, mixed-use developments.
Variety of experience-Budgeting, cash flow, project controls, audit/compliance, business partnering.
Qualitative aspects-Should combine strong control orientation with commercial understanding. Exposure to multi-project, capex-intensive businesses is preferred.

Job Info

• Job Identification 58772
• Posting Date 09/23/2026, 04:11 AM
• Locations 601, Hallmark Business Plaza,, Mumbai, Maharashtra, 400051, IN