Senior Manager, Project CAPEX Controllership

Role Summary:

The Senior Manager for Project Controllership serves as the critical bridge between executive leadership and the operational controllership team. This reports directly to the AVP Controller and is responsible for ARI’s capital expenditure (CAPEX) budget management, enterprise valuation, impairment testing, and capital structuring strategies.

This position involves overseeing CAPEX financial transactions, executing valuation analyses, and ensuring robust capital structuring while providing direct management and leadership to the Managers of Project Controllership. The Senior Manager aligns project costs, financing, and valuation strategies with ARI’s financial goals, supporting long-term financial health and project viability in compliance with accounting standards.

Outcomes Expected and Responsibilities:

CAPEX Financial Control and Reporting

● Oversees, develops, and maintains systems to track and report CAPEX costs by project and portfolio, ensuring accuracy and timely reporting.

● Directs the accurate forecasting and budgeting of CAPEX, aligning with ARI’s financial strategy and compliance requirements.

● Establishes, implements, and enforces financial policies, procedures, and internal controls over CAPEX processes to maintain a robust financial control environment.

Capital Structuring and Optimization

● Drives capital structuring efforts related to project CAPEX funding and evaluates financial strategies for CAPEX projects to optimize resource allocation.

● Collaborates with Treasury and Finance teams to align financing and cash flow requirements for ongoing projects

Project Financial Performance

● Coordinates with Project Development, Project Management, and Business Development teams to evaluate cost performance and develop action plans for CAPEX projects.

● Ensures compliance with financial governance policies for PIR, OPEX, and purchase requisitions.

● Monitors cost forecasts, validating alignment with project goals and reporting deviations as needed.

Stakeholder Collaboration and Reporting

● Regularly communicates CAPEX and valuation performance to ARI management and relevant stakeholders.

● Partners with internal and external stakeholders, such as contractors, suppliers, and auditors, to facilitate efficient financial processes and address CAPEX-related concerns.

● Prepares consolidated CAPEX reports to support strategic decision-making.

● Coordinates with Project Development, Project Management, and Business Development teams to evaluate cost performance and develop action plans.

● Monitors cost forecasts, validating alignment with historical data and reporting material deviations to the AVP Controller.

● Regularly communicates CAPEX and valuation performance to ARI management and partners with internal/external stakeholders (contractors, auditors) to resolve inquiries.

Leadership Functions and Responsibilities:

● Cultivates a high-performing and engaged team by having regular and ongoing conversations, with the purpose of setting and communicating clear targets, developing capabilities, managing performance, and discipline.

● Creates a transparent environment by practicing courageous authenticity while operating on mutual trust, support, and respect.

● Promotes Diversity, Equity, and Inclusion by respecting TM’s individual strengths, views, and experiences to enable innovation, better decisions, and deliver better business results

● Exercises due diligence and administrative responsibility in establishing and maintaining systems that sustain essential operational functions, such as completing compliance requirements, updating documents and protocols, and other such organizational tasks for continuous improvement.

● Champions the organization's culture, values, and philosophy by executing and enacting company policies, safety rules, and procedures.

Minimum Qualification

● 8 years of related experience in financial management, accounting, or cost control.

● 3 years in a leadership or people management role

● 6-8 years in project experience

Preferred Qualifications

● University/college degree in Business Management, Commerce, Accounting, Finance, Applied Math, Engineering, or a related discipline.

● Proven track record in cost control within an integrated project controls team on infrastructure projects

● Experience working in a matrix management structure.

● Proficiency in financial software and MS Office Suite (especially Excel).

● Licenses (CPA, CMA, CFA, etc.) are highly advantageous.