Lead – Capex Controller

Adani Realty

Mumbai

On-site

INR 3,000,000 - 7,000,000

Full time

2 days ago
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Job summary

Adani Realty in Mumbai seeks a senior finance professional to lead capex budgeting and governance across multiple projects. You will define budgeting frameworks, ensure DOA compliance, and maintain ERP/SAP integrity through accurate coding and reconciliations.

Responsibilities include forecasting, variance analysis, asset register upkeep, CWIP capitalization, audits support, and leadership reporting on capex MIS. A strong financial background in real estate or project finance is essential.

Qualifications

  • Essential CA / CMA / MBA (Finance) / B.Com from a recognized Indian institution; qualification to match role seniority.
  • Desirable CA / CFA / MBA (Finance) with exposure to real estate, project finance or treasury systems.
  • Total Years (Band)-12-20 years; Years (Relevant)-9-16 years; Senior function leader in large real estate / infra led environments.

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
ERP/SAP
Internal controls
Audit/compliance
Financial analytics
Stakeholder management

Education

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

Tools

ERP/SAP

Job description

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.
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.
Qualifications

Qualififcation

Essential CA / CMA / MBA (Finance) / B.Com from a recognized Indian institution; qualification to match role seniority.

Desirable/Preferable CA / 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.

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