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.