Assistant General Manager Finance

Options Executive Search Private Limited · Vishakhapatnam, India

Our client, a large, well-established manufacturing plant near Visakhapatnam, is hiring an AGM - Finance | CapEx Accounting and Asset Management to take financial ownership of major capital investments and strengthen CapEx governance, asset integrity and management reporting.

This is not a routine fixed-assets accounting role.

The successful candidate will oversee CapEx investments exceeding Rs 100 crore , working closely with Projects, Procurement, Shared Services and other cross-functional teams.

• Grade/Level: Assistant General Manager
• Location: Visakhapatnam, Andhra Pradesh
• Experience: Approximately 6 to 8 years of relevant experience
• Qualification: CA, CMA or MBA Finance
• Core expertise: CapEx accounting, project accounting, fixed assets and financial controls

What the role owns

• Preparing and monitoring the annual CapEx budget.
• Evaluating Capital Expenditure Proposals within defined timelines.
• Monitoring CapEx commitments, commercial negotiations and Bank Guarantee validation.
• Reviewing CWIP balances and driving timely project closure and asset capitalisation.
• Ensuring the accuracy, completeness and integrity of fixed-asset records.
• Coordinating physical verification and reconciliation of assets.
• Monitoring Mega Risk Insurance and EAR Cum Storage policies for major projects.
• Supporting post-CapEx evaluation and project financial monitoring.
• Strengthening accounting controls, statutory compliance and audit readiness.
• Preparing inputs for the CFO and other senior management reviews.
• Visiting project sites periodically to assess project status and financial progress.

What we are looking for

• Approximately 6 to 8 years of relevant experience in CapEx accounting, project accounting, fixed assets or financial controls.
• Strong working knowledge of CapEx and asset accounting.
• Hands-on experience with SAP, financial reporting, MIS, audit and internal controls.
• Experience managing multiple high-value projects within demanding timelines.
• Strong analytical and problem-solving ability.
• Confidence to question delays, identify financial risks and drive matters to closure.
• Strong stakeholder-management skills across Finance, Projects, Procurement and Shared Services.
• Willingness to work on-site in Visakhapatnam and visit project locations when required.

Why this is a strong opportunity

• Financial ownership of a CapEx portfolio exceeding Rs 100 crore.
• Direct involvement across the complete investment cycle, from proposal and budgeting to capitalisation and post-investment review.
• Considerable cross-functional visibility and exposure to senior management.
• An opportunity to improve how a major manufacturing business governs, protects and evaluates its capital investments.