Assistant Manager – Finance – CAPEX Full Time NEW

Assistant Manager – Finance – CAPEX

Purpose of Role

To manage and control Capital Expenditure (CAPEX) processes across the manufacturing plant, ensuring robust financial evaluation, governance, budgeting, tracking, and compliance to support capacity expansion, modernization, and operational efficiency.

Key Accountabilities / Responsibilities

• Support preparation of annual CAPEX budgets in coordination with plant, engineering, and business teams.
• Track CAPEX utilization against approved budgets and timelines.
• Conduct financial evaluation of CAPEX proposals including ROI, IRR, NPV, and payback analysis.
• Review technical and commercial assumptions in coordination with engineering and SCM teams.
• Ensure correct accounting of capital assets in line with accounting standards and company policies.
• Coordinate timely capitalization of assets post commissioning.
• Ensure compliance with statutory requirements related to CAPEX accounting.
• Support internal, statutory, and tax audits by providing necessary documentation.
• Maintain proper CAPEX records, asset registers, and audit trails.

Critical Success Factors – Essential

• CA or CMA, MBA – Finance or equivalent.
• 6+ years of FP&A experience.
• The experience should include working on budgetary controls processes, PPT for various management review, MIS consolidation.
• Strong exposure to budgeting, capitalization, and audit support.
• Financial Planning & Analysis, Strong knowledge of financial principles & Budgeting

Competencies

Behavioural – Impact and Influence

Behavioural – Information Seeking

Behavioural – Initiative

Behavioural – Innovative Thinking

Functional – Financial

Functional – Operational

Functional – People

Functional – Strategic

About Us

Sterlite Electric is India’s leading integrated power transmission developer and solutions provider, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital.

We believe that electricity access transforms societies and delivers long-lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery.

We Are Guided By Our Core Purpose Of Empowering Humanity By Addressing The Toughest Challenges Of Energy Delivery. Our Four Core Values Form The Pillars Of Our Organization

• Respect: Every one counts
• Social Impact: We work to improve lives
• Fun: “Thank God it’s Monday!”
• Innovation: A new way today

Sterlite Electric is a leading global developer of power transmission infrastructure with projects of over 10,000 circuit km and 15,000 MVA in India and Brazil. With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The Company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing.

For more details, visit: https://www.sterliteelectric.com/