Capex Finance

Position Summary:

Senior Manager - Capex Project Finance

Job Location: Tirunelveli Nearby location

Qualification: M.COM/ MBA/ CMA/ CA

About the Company: Solar based Industry

Industry prefer: Any Manufacturing/ Process Industry

Capex Finance

Key Responsibilities:

1. Financial Planning and Analysis:

• Develop comprehensive financial plans and budgets for Capex projects.
• Conduct financial analysis and modeling to support Capex planning and decision-making.
• Prepare and present financial reports, including variance analysis and forecasts, to senior management.

2. Budget Management:

• Establish and manage Capex budgets, ensuring expenditures align with project goals and financial constraints.
• Monitor and control project expenditures to avoid cost overruns and ensure financial efficiency.
• Implement and maintain cost control measures and processes.

3. Financial Reporting:

• Prepare and present regular financial reports to senior management, highlighting key financial metrics, risks, and opportunities.
• Ensure accurate and timely reporting of financial performance against the project budget.
• Provide insights and recommendations based on financial data to support strategic decisions.

4. Cost Management:

• Develop and implement strategies for cost reduction and optimization in Capex projects.
• Monitor and analyze project costs to identify trends, variances, and areas for improvement.
• Work closely with procurement, engineering, and project management teams to ensure cost-effective sourcing and expenditure.

5. Capital Allocation:

• Oversee the allocation of capital resources to ensure optimal utilization and alignment with project priorities.
• Evaluate investment proposals and business cases for Capex projects.
• Ensure compliance with internal policies and financial regulations in capital allocation decisions.

6. Risk Management:

• Identify and assess financial risks associated with Capex projects and develop mitigation strategies.
• Ensure compliance with financial regulations, company policies, and accounting standards.
• Conduct regular financial audits and reviews to ensure the integrity and accuracy of financial records.

7. Stakeholder Collaboration:

• Collaborate with project managers, engineering teams, and other departments to ensure alignment of financial plans with project requirements.
• Act as the financial point of contact for external stakeholders, including auditors, investors, and regulatory authorities.
• Facilitate effective communication and collaboration among all project stakeholders.

8. Process Optimization and Improvement:

• Continuously evaluate and improve financial processes and systems to enhance efficiency and effectiveness.
• Implement best practices in financial management and Capex accounting.
• Ensure accurate and timely documentation of all financial activities related to Capex projects.

9. Team Leadership and Development:

• Lead and manage the finance team responsible for Capex projects, providing guidance, training, and mentorship.
• Set performance objectives and conduct regular reviews to ensure team members meet their goals.
• Foster a collaborative and high-performance culture within the team.

Qualifications:

Education and Experience:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree or professional certification such as CPA/CMA preferred).
• Extensive experience in financial management and Capex accounting, preferably in the renewable energy or manufacturing sector.
• Proven track record of managing the financial aspects of large-scale Capex projects.

Skills and Competencies:

• Strong financial planning and analysis skills.
• Excellent budget management and cost control abilities.
• In-depth knowledge of Capex accounting and financial reporting standards.
• Effective communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Proficiency in financial management software and tools.
• Ability to work collaboratively with cross-functional teams and senior executives.

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial planning and reporting for Capex projects.
• Effective management of Capex budgets and control of project costs.
• Achievement of cost reduction and optimization targets.
• Compliance with financial regulations and company policies.
• High performance and satisfaction of the finance team.
• Successful financial execution of Capex projects, leading to the achievement of strategic objectives.