Job Title: Lead Projects Accounts & FinanceLocation: Corporate Office, VadodaraReporting To: CFOAbout the RoleWe are seeking a highly skilled professional to lead Capex Planning, Controls, and Commercial Oversight for our large-scale projects. The role demands strong financial acumen, cross-functional coordination, and hands-on experience in managing petrochemical or large industrial projects. The incumbent will play a critical role in ensuring financial discipline, transparent reporting, and effective risk/commercial management across the project lifecycle.Key Responsibilities1. 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 Finance 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.Interfaces: SCM, Project Managers, Process Engineers, Treasury, Accounts
Job Title
Lead Project Finance & Accounting