Capex Procurement Analyst

4 - 6 years

4 - 6 Lacs

Posted:16 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

A Capex (Capital Expenditure) Analyst is responsible for evaluating, managing, and optimizing capital expenditure projects within the organization. The Capex Analyst will work closely with the Global Category Manager - Capital on the strategy build up and execution, and with all the stakeholders (eg Engineering, Asset Management).

This role requires a combination of financial acumen, analytical skills, and knowledge of procurement processes. Below is a detailed job description for a Capex Analyst:

Job Summary:

  • The Capex Analyst will oversee the evaluation, acquisition, and management of capital expenditure projects, working closely with the Global Category Manager for Capital.
  • This role involves analyzing financial data, preparing cost-benefit analyses, coordinating with various departments and key stakeholders, and ensuring that all Capex purchases align with the companys strategic goals and budgetary constraints.

Key Responsibilities:

Procurement and Vendor Management Support:

  • Identify and evaluate potential sources and vendors for capital projects.
  • Prepare alternate Vendor list, Run RFI/RFQ s with vendors to support the Engineering Capital Category management.
  • Understanding of contracts, basic terms, and transactional maintenance of contracts on the ERP or subsequent tools.
  • Delivery expediting and ensure the status of PO through invoice is managed effectively throughout the sourcing process.

Financial Analysis and Planning:

  • Conduct detailed financial analysis and cost-benefit studies for proposed capital expenditures.
  • Assist in preparations of Project Estimations.

Project Management:

  • Coordinate with the Global Category Manager, project managers, engineers, and other stakeholders to ensure the successful completion of Capex projects.
  • Monitor project progress and expenditures to ensure alignment with approved budgets and timelines.
  • Prepare and present regular reports on project status, budget performance, and potential risks.

Compliance and Documentation:

  • Maintain accurate and up-to-date records of all capital expenditures, contracts, and related documentation.
  • Support internal and external audits by providing necessary documentation and explanations.

Market Analysis:

  • In line with the Category Strategy, conduct market research to stay informed about industry trends, pricing, and suppliers, ensuring the company benefits from competitive pricing and innovative products.

Continuous Improvement:

  • Identify opportunities for process improvements in Capex procurement and Project management process.
  • Explore and identify best practices, innovative solutions to enhance the efficiency and effectiveness of Project management.

Reporting:

  • Prepare regular reports on procurement activities, savings achieved, supplier performance, and project status for senior management

    .

Education:

  • Bachelors degree in Engineering, Supply chain Management, Business Administration, or a related field.
  • A Master s degree or professional certifications (e.g., CPA, CMA) is a plus.

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