Lead Project Finance & Accounting

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About the Role

Capex Planning, Controls, and Commercial Oversight

Key Responsibilities

1. Capex Planning & Control

• Prepare and monitor project budgets vs. approved Capex.
• Track commitments, payments, and forecasted cash flows.
• Ensure alignment with financing plans and availability of funds.
• Monitor deviations and provide early alerts to management.

2. Commercial & Contract Support

• Partner with procurement/contract teams to evaluate commercial/financial terms.
• Validate cost impacts of scope changes, variations, and claims.
• Support negotiations with contractors/suppliers with financial impact analysis.
• Ensure contracts safeguard owner's interests (payment terms, LDs, escalation clauses, etc.).

3. Cost Visibility & Reporting

• Maintain transparent dashboards for management visibility.
• Track committed vs. actual vs. forecast costs across all packages.
• Highlight cost overrun risks and potential savings opportunities.
• Present monthly Capex utilization and cash flow forecasts.

4. Timely Payment & Fund Flow Management

• Coordinate with finance/accounts for milestone-based disbursements.
• Ensure compliance with payment terms and avoid penalties.
• Monitor vendor invoices, certification, and payment cycles.

5. Risk & Compliance Oversight

• Ensure adherence to internal Delegation of Authority (DOA).
• Track project insurance, guarantees, and tax implications.
• Monitor forex exposure and financing covenants (if funded by lenders).

6. Decision Support

• Provide scenario analysis for change orders, delays, or alternate procurement options.
• Highlight cost-benefits of engineering/technical changes.
• Support management in balancing Capex with lifecycle costs.

Skills & Attributes

• Strong understanding of Capex project lifecycles (EPC Engineering, Procurement, Construction).
• Sound knowledge of contracts & commercial terms.
• Strong analytical, forecasting, and risk assessment skills.
• Ability to coordinate across project, engineering, procurement, finance, and treasury teams.
• Proactive in providing early warnings on overruns or cash flow mismatches.
• Strong reporting and presentation skills at senior management level.

Education & Experience

• Education:

  MBA with BE (preferred) or B. Com

• Experience:

  15+ years of experience
• Prior experience in

  petrochemical or large-scale industrial projects

  .
• Proven track record in Capex control, commercial management, and dispute resolution.

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