Capital Expenditure Strategist

4 days ago

Hyderabad Secunderabad Telangana, India beBeeExpenditure Full time ₹ 9,00,000 - ₹ 12,00,000
Job Role

A Capital Expenditure Specialist is responsible for evaluating, managing, and optimizing capital expenditure projects within the organization. They will work closely with stakeholders to build up and execute strategies.

This role requires a combination of financial acumen, analytical skills, and knowledge of procurement processes.

Key Responsibilities:
  • Evaluate potential sources and vendors for capital projects.
  • Prepare vendor lists and coordinate with vendors to support category management.
  • Understand contracts, basic terms, and transactional maintenance of contracts on ERP systems or subsequent tools.
  • Delivery expediting and ensure PO status is managed effectively throughout the sourcing process.
Financial Analysis and Planning:
  • Conduct detailed financial analysis and cost-benefit studies for proposed capital expenditures.
  • Assist in preparations of project estimations.
Project Management:
  • Coordinate with project managers, engineers, and other stakeholders to ensure successful completion of Capex projects.
  • Monitor project progress and expenditures to ensure alignment with approved budgets and timelines.
  • Prepare and present regular reports on project status, budget performance, and potential risks.
Compliance and Documentation:
  • Maintain accurate and up-to-date records of all capital expenditures, contracts, and related documentation.
  • Support internal and external audits by providing necessary documentation and explanations.
Market Analysis:
  • Conduct market research to stay informed about industry trends, pricing, and suppliers.
Continuous Improvement:
  • Identify opportunities for process improvements in Capex procurement and Project management.
  • Explore and identify best practices, innovative solutions to enhance efficiency and effectiveness of Project management.
Reporting:
  • Prepare regular reports on procurement activities, savings achieved, supplier performance, and project status for senior management .
Education:
  • Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a related field.
  • Master's degree or professional certifications (e.g., CPA, CMA) is a plus.

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