Officer - MTP & OE

Adani Power; Mundra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Adani Power Limited (APL), part of the Adani Group, is seeking an Officer- MTPOE to manage inventory planning, procurement, and financial oversight for O&M activities. The role focuses on asset verification, budget tracking, and ensuring uninterrupted operations across multiple plants.

Ideal candidates have BE/B.Tech with 8+ years in inventory management and budgeting within manufacturing or energy sectors, and experience in CAPEX/OPEX controls and audits.

Qualifications

• BE/B.Tech or equivalent degree is mandatory.
• 8+ years of inventory management, budgeting and financial oversight experience.
• Experience in manufacturing, energy, utilities or related sectors.
• Knowledge of asset verification, CAPEX/OPEX processes and audits.

Responsibilities

• Inventory planning and scheduling to ensure optimal stock levels and timely procurement.
• Carry out asset verification, NFA initiation and internal finance coordination.
• Prepare Service Entry Sheets and manage PR/PO processes across departments.
• Monitor Non-Moving Inventory, provisions and periodic updates to management.
• Budget consolidation, CAPEX/OPEX tracking, CER reporting and variance analysis.
• Drive IMS, AWMS, DISHA/CHETNA compliance, safety and audits.

Skills

Inventory management

Budgeting

Financial oversight

Procurement processes

Asset verification

O&M coordination

Digitalization

Education

BE/B.Tech or equivalent degree

Job description

JOB DESCRIPTION

Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world-class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large-scale infrastructure development in India with O&M practices benchmarked to global standards. With four IG-rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Adani Power Limited (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. We have a power generation capacity of 15,250 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, and a 40 MW solar power project in Gujarat.

Job Purpose:

This role is responsible for managing and optimizing inventory levels for operational efficiency, managing procurement processes, and ensuring uninterrupted O&M activities. Additionally, this role involves financial oversight, including budget preparation, asset verification, and expenditure tracking to align with the company's financial strategy and operational needs.

Responsibilities

Officer- MTPOE

Inventory Management And Planning

• Execute inventory planning as per overhauling requirements to facilitate timely procurement from external vendors within budget constraints, ensuring optimal stock levels for operational efficiency.
• Monitoring running inventory that is consumed regularly and ensuring availability for uninterrupted operations.
• Manage Capitalized Inventory, including high-value items that are essential for major breakdowns but are consumed less frequently.
• Identify obsolete inventory items and plan their removal in consultation with O&M to optimize resource utilization.

Operational Excellence

• Execute financial asset verification and implementation, ensuring accuracy and accountability in asset management.
• Initiate Note for Approvals (NFA) at the department/station level to streamline the approval process.
• Act as an Internal Finance Controller, coordinating with departments to gather data and submit for Finance approvals based on a defined checklist.
• Prepare Service Entry Sheets to ensure accurate recording of services rendered.

Inventory Tracking And Reporting

• Monitor Non-Moving Inventory (NMI), prepare provisions (quarterly), execute transfer of NMI to other plants and provide management updates on NMI status and consumption patterns.
• Conduct vital item availability tracking on a weekly basis to ensure immediate response capabilities in case of breakdowns.
• Supervise the PR/PO process, including monitoring, follow-ups with the Techno Commercial for PR to PO conversion, and ensuring timely delivery of items.
• Engage in planning for the procurement of indigenous spares by coordinating with relevant departments.
• Regularly update inventory levels and communicate with departments to request consumption details and facilitate the raising of POs.
• Carry out screening of purchase requisition (PR) items.

Budget And Financial Oversight

• Coordinate with the maintenance teams to gather and consolidate inputs on budgetary requirements for the year and share with Section Head for review..
• Monitor Opex consumption for existing projects and Capex consumption for new initiatives, providing insights for financial planning.
• Upload Capex expenditure reports into the system, coordinate approvals with Finance based on Work Breakdown Structure (WBS), and ensure CEO approvals for Capex when necessary.
• Monitor PR/PO tracking for the year by departments and manage non-compliances/deviations in Capex Expenditure Reports (CER).
• Manage the timely completion of projects based on Capex within the defined timelines.
• Carry out variance analysis for CAPEX, OPEX and procurement budget.

Business Sustainability

• Implement and Follow IMS, AWMS, DISHA and CHETNA guidelines within the department.
• Prioritize the safety of personnel and equipment by enforcing proper training and adherence to safety protocols.
• Manage inventory manuals and implement updates to maintain compliance with industry standards and best practices.
• Implement and oversee safety processes, including participation in Safety meetings to promote a culture of safety within the organization.
• Facilitate different audits and ensure compliance with audit requirements.

Digitization And Automation

• Execute comprehensive digitization strategies to optimize operational efficiency across inventory and budget management.
• Implement automation solutions to support overall organizational goals and strategies.
• Implement process and system improvements by adopting newer technologies and innovative ideas to enhance operational workflows.
• Facilitate the digitization of inventory tracking and budget reporting processes to improve accuracy and accessibility of data.

Key Stakeholders - Internal

• Stores
• Techno Commercial
• Operations & Maintenance
• ENDORSE - (HO)

Key Stakeholders - External

• Auditors

Qualifications

Educational Qualification:

• BE/B.tech or equivalent degree.

Work Experience (Range Of Years):

• 8+ years of experience in inventory management, budgeting, and financial oversight within an operational setting.

Preferred Industry:

• Experience in manufacturing, energy, utilities, or related industries with a focus on inventory control and financial management.