Manager

Manager Capex and Corporate Functions

Department: Finance
Experience: 6–10 Years
Qualification: CA / CMA / MBA Finance preferred; Bachelor's degree in Commerce, Finance, Accounting or related field

Role Overview

We are looking for an experienced Manager – Support Function Finance to manage financial planning, budgeting, forecasting, MIS reporting and financial control for key support functions including Legal, IT, HR and CAPEX.

The role will be responsible for partnering with functional heads, monitoring OPEX and CAPEX utilization, analysing financial performance and providing timely financial insights to support business decision-making and cost optimization.

Key Responsibilities

1. Budgeting & Financial Planning

• Manage the annual budgeting and financial planning process for Legal, IT and HR functions.
• Prepare and monitor OPEX budgets in coordination with respective functional heads.
• Support forecasting, revised estimates and periodic financial planning activities.
• Analyze budget requirements and ensure alignment with business priorities.

2. CAPEX Budgeting & Monitoring

• Lead CAPEX budgeting, monitoring and reporting across projects/functions.
• Review CAPEX proposals and assess budget availability before approval.
• Track approved CAPEX against actual expenditure and committed costs.
• Monitor project-wise CAPEX utilization and identify potential cost overruns.
• Analyze CAPEX variances and provide recommendations for corrective actions.
• Ensure effective utilization of approved CAPEX budgets.

3. MIS & Financial Reporting

• Prepare and present monthly MIS and Budget vs. Actual reports for support functions.
• Conduct detailed OPEX and CAPEX variance analysis and identify key drivers.
• Provide financial insights, trends and recommendations to functional heads and senior management.
• Develop management dashboards and reports to facilitate effective decision-making.
• Support periodic management reviews and financial performance discussions.

4. Business Finance & Stakeholder Management

• Act as a finance business partner to HR, IT and Legal functional teams.
• Provide financial guidance on spending, budgeting and cost optimization.
• Coordinate with Procurement, Accounts, Tax, Treasury and other Finance teams for effective financial management.
• Work closely with stakeholders to understand business requirements and translate them into financial plans.
• Ensure adherence to internal financial policies, budgetary controls and approval processes.

5. Cost Optimization & Financial Controls

• Identify opportunities for cost optimization and improved budget utilization.
• Monitor expenditure against approved budgets and highlight deviations proactively.
• Ensure appropriate financial controls are followed for OPEX and CAPEX expenditures.
• Review spending patterns and recommend measures to improve cost efficiency.
• Ensure timely escalation of significant budget variances and potential financial risks.

Key Skills & Competencies

• Strong experience in Budgeting, Forecasting and Financial Planning.
• Hands-on experience in CAPEX and OPEX planning and monitoring.
• Strong understanding of Budget vs. Actual and variance analysis.
• Excellent MIS and management reporting skills.
• Advanced proficiency in MS Excel, financial modelling and data analysis.
• Working knowledge of ERP/SAP and financial systems.
• Strong analytical and problem-solving abilities.
• Excellent business partnering and stakeholder management skills.
• Strong communication and presentation skills.
• Ability to manage multiple functional stakeholders and work effectively in a cross-functional environment.
• Strong understanding of financial controls, approval processes and cost management.

Educational Qualification

• CA / CMA
• Bachelor's degree in Commerce, Finance, Accounting or a related discipline.

Experience

• 6–10 years of relevant experience in Finance, FP&A, Business Finance, Budgeting or Management Reporting.
• Strong experience in CAPEX planning, monitoring and financial analysis is required.
• Experience in partnering with support functions such as IT, HR and Legal will be an advantage.

Key Success Measures

• Effective management and control of support-function budgets.
• Accurate and timely MIS and Budget vs. Actual reporting.
• Effective CAPEX utilization and control over project cost overruns.
• Timely identification of financial variances and cost optimization opportunities.
• Strong stakeholder engagement and financial business partnering.
• Compliance with internal financial policies and budgetary controls.
• Quality and timeliness of financial insights provided to senior management.