Manager - Capex Accounting - CA

About Company

The company is a global food-service brand with a large international presence, operating thousands of locations across over 100 countries. It provides quick, convenient meal options and focuses on delivering a consistent experience while allowing flexibility to meet local preferences.

Roles& Responsibility:-

1. Capex Budgeting & Planning:

• Track approved vs. actual spend and highlight cost overruns or delays.

• Partner with Project and Operations teams to forecast Capex phasing and cash flow requirements.

2. Capex Control & Monitoring:

• Review and control end-to-end Capex spend, from purchase order to capitalization.

• Ensure each project adheres to approved budgets

• Review vendor invoices, GRNs, and project closure documents to ensure compliance with internal controls.

• Maintain project-wise, store-wise, and category-wise Capex utilization reports.

3. Accounting & Compliance:

• Ensure correct accounting treatment as per Ind AS 16 / IFRS for capitalization and CWIP.

• Drive timely capitalization of completed projects and maintain asset registers.

• Support statutory, internal, and management audits related to Capex and fixed assets.

• Implement Capex approval hierarchy and documentation in line with corporate policy.

4. Preparation and Review of Fixed Asset Register (FAR):

• Maintain and periodically update a comprehensive Fixed Asset Register for all business units (stores, warehouses, offices, and IT assets).

• Ensure proper classification, tagging, location mapping, and depreciation of assets as per company policy.

• Coordinate with Projects, Admin, and Store teams to reconcile physical assets with the FAR at regular intervals.

• Review asset disposals, transfers, impairments, and write-offs to ensure proper accounting treatment and documentation.

• Drive automation and ERP integration of the FAR for real-time visibility and control. 5. Insurance & Risk Management

• Manage insurance coverage for all fixed assets (stores, warehouses, head office, IT infrastructure).

• Ensure assets are adequately insured against fire, theft, natural calamities, and other business risks.

• Coordinate with brokers and insurers for policy renewals, endorsements, and claims settlements.

• Maintain insurance schedules, premium trackers, and claims MIS.

• Liaise with Risk, Legal, and Admin teams to ensure compliance with company risk management framework.

• Conduct periodic risk assessment of physical assets and recommend preventive measures.

6. Reporting & MIS:

• Prepare monthly Capex MIS, highlighting actual vs. budget, committed vs. uncommitted spend, and CWIP movement.

• Publish store/project-wise dashboards for management review.

• Present insurance coverage adequacy and claim status to management quarterly.

7. Governance & Process Improvement:

• Standardize Capex and insurance processes across regions and store formats.

• Strengthen internal controls and documentation around Capex approvals and insurance claims.

• Automate Capex and fixed-asset tracking through ERP / BI tools (SAP / Oracle / Power BI). Partner with cross-functional teams to ensure financial discipline in expansion and maintenance projects.

Experience:

• 4-6 years of relevant experience in Retail / QSR / FMCG sector handling Capex control, fixed asset accounting, and insurance.

• Exposure to multi-store operations and new store rollout environment preferred.