Job Description:

Role Overview:

The CAPEX Controller - Sricity is the dedicated finance partner for Mondelz India's single largest-ever capital investment - building the biggest chocolate factory in the world. This high-impact, high-visibility role owns end-to-end financial management of the Sricity expansion: CAPEX planning, procurement controls, cash & payables, fixed asset management, and capitalization & depreciation governance.

Key Responsibilities:

CAPEX Planning & Governance:

- Lead financial planning, investment approvals, ROI evaluation, and phased spend execution for the Sricity program the largest CAPEX initiative in Mondelz India, representing >50% of total country CAPEX.

- Conduct post-implementation reviews; collaborate with AMEA regional teams for major investment approvals.

- Partner with the Site Director and Engineering teams on capacity & capability readiness aligned to growth milestones.

Procurement Controls & Finance Partnering:

- Act as the on-ground finance partner to engineering & procurement - validating spend decisions, negotiating vendor payment terms, and ensuring performance-based clauses (milestone releases, penalty provisions, post-installation holds).

- Review all vendor contracts for financial soundness in partnership with the dedicated legal resource.

Cash Management & Payables:

- Drive quarterly cash planning with the India Cash COE determining spend, advances, and deferrals aligned to COE cycles.

- Coordinate with Accenture team for timely vendor payments; manage non-standard one-time payables outside automated cycles.

- Enforce controls around advance and deferred payments based on milestones and vendor performance.

Fixed Asset Management & Capitalization, Depreciation:

- Own end-to-end fixed asset lifecycle - CWIP accumulation & tracking pre-commissioning, on-ground asset verification, and physical reconciliation at site.

- Drive capitalization once assets are commissioned ensuring accuracy, completeness, and audit readiness.

- Lead capitalization reviews and manage depreciation schedules for all Sricity assets in line with accounting standards and internal policies.

- Partner with the AER team on policy alignment; support internal & external audits on CAPEX, fixed assets, and depreciation.

Contract & Commercial Review:

- Review all vendor contracts for financial soundness: payment terms, milestone-based releases, penalties, and post-installation disbursement conditions.

Mandatory Requirements:

Total Experience: Minimum 3-6 years in finance roles.

CAPEX Experience: Minimum 1-2 years of hands-on CAPEX management - non-negotiable.

Qualification: CA / MBA Finance / CMA (preferred).

Preferred Background: Plant finance with CAPEX/depreciation focus; FMCG or large-scale greenfield/brownfield exposure.

Knowledge & Skills:

- Functional: Deep CAPEX lifecycle knowledge (planning - procurement - installation - capitalization - depreciation); cash management & working capital principles; procurement and contract commercial clauses.

- Technical: CAPEX evaluation & ROI modelling; fixed asset accounting (CWIP, capitalization, depreciation); SAP (preferred); advanced Excel & dashboarding.

- Competencies: Strong on-ground coordination & physical site presence; cross-functional collaboration (engineering, procurement, legal, finance); ability to influence from analyst to director level; structured analytical mindset; effective communication in a fast-paced expansion environment.

Key Stakeholders:

- Site Director - Sricity, Engineering & Procurement Teams, India Cash COE, Accenture (Payables), Legal Team, AER / Accounting Team, Plant Finance Teams, MSC Finance / COE / BU Finance, Regional SC Finance AMEA