Capex Finance Management and Control

Responsibilities

1. Capex Financial Management

• Lead Project and Capex budgeting, financial planning, and controlling for all capex projects.
• Prepare and review detailed financial projections, Financial KPI IRR/NPV analysis, and sensitivity assessments for capital projects.
• Develop, monitor, and control project cash flows, ensuring alignment with approved budgets and funding plans.
• Oversee billing, payouts, milestone-based disbursements, and ensure adherence to financial controls and compliance requirements.
• Ensure timely and accurate MIS reporting on capex performance, cash flows, and budget variances.

 

2. Procurement & Financial Prudence

• Establish and enforce financial discipline, governance frameworks, and prudence for all large‑scale capex procurement decisions.
• Actively participate in procurement decisions for projects above ₹10 crore, jointly with the Technical and Commercial (TC) teams.
• Review business cases, cost estimates, and commercial terms to ensure value for money and risk mitigation.
• Provide financial oversight and advisory support for smaller capex projects in consultation with the respective BU.

 

3. Project Oversight & Performance Audit

• Support Business Units in financial close‑out of capex projects, ensuring timely completion of all financial actions and reports.
• Conduct post‑implementation and performance audits of capex projects to assess efficiency, cost control, and value realization.
• Identify cost optimization opportunities and lead or support commercial and financial negotiations with vendors and contractors.
• Ensure lessons learned from completed projects are institutionalized into future capex governance frameworks.

 

4. Stakeholder Management & Collaboration

• Work closely with CFOs, CPOs, Group Finance, and Procurement teams to align capex strategies across business units.
• Partner with Business Unit Heads and Project Teams to ensure capex objectives are achieved in line with approved financial KPIs.
• Act as a key finance interface for senior management, providing clear, data‑driven insights on capex performance and risks.

 

5. Reporting, Governance & Accountability

• Ensure accurate, transparent, and timely reporting of capex financial performance to the CFO, CEO  and CHMO.
• Maintain high standards of governance, audit readiness, and accountability across all capex‑related financial decisions.