Assistant general manager finance

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

This is not a routine fixed-assets accounting role.

The successful candidate will oversee Cap Ex 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: Cap Ex accounting, project accounting, fixed assets and financial controls

What the role owns

Preparing and monitoring the annual Cap Ex budget. Evaluating Capital Expenditure Proposals within defined timelines. Monitoring Cap Ex 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-Cap Ex 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 Cap Ex accounting, project accounting, fixed assets or financial controls. Strong working knowledge of Cap Ex 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 Cap Ex 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.