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Manager-Capex

Manager-Capex

NouryonChennai, Tamil Nadu, India
14 hours ago
Job description

At Nouryon, our global team of Changemakers takes positive action every day, to reach higher goals collectively and individually. We create innovative and sustainable solutions for our customers to answer society’s needs – today and in the future.

Purpose of the Job

We are currently seeking a motivated and detail-oriented individual to join our EMEA Shared Services Center as a Capex Manager. The ideal candidate will be responsible managing all aspects of Fixed Assets and Capital Accounting, ensuring compliance with company policies, SOX controls, and statutory requirements. Acts as the first point of contact for complex fixed asset transactions and supports global reporting requirements.

About the job (Job Responsibilities)

Oversee the capitalization, depreciation, and disposal of fixed assets, ensuring compliance with IFRS, Industry standards and company policies.

Perform depreciation variance analysis. Develop and circulate global depreciation forecasts for budgeting and reporting.

Calculation and posting of Capitalized interest entries, including the review of WACC with treasury.

Maintain the Fixed Asset Register (FAR), reconciling sub ledger with the General Ledger.

Manage accounting of asset transfer, retirements and disposals, including determining and recording of associated gain or loss.

Roll forward PP&E & Intangible asset and Accumulated Depreciation accounts.

Yearly impairment testing for Customer Lists, Trademark and Technology assets in working with the Corporate Accounting team

Track capital expenditures (Capex) against approved budgets and manage Construction in Progress (CIP) accounts, ensuring timely capitalization of completed projects.

Support budgeting and forecasting processes by providing accurate asset-related data.

Ensure compliance with applicable laws, regulations, and company policies. Understanding and adhering to SOX control.

Coordinate with internal and external auditors and regulatory bodies as needed during financial and operational audits.

Built and maintain SOPs for all Fixed Asset transactions and ensure compliance with company policy.

Coordinate with technical accounting and global teams for queries and process improvements.

We believe you bring (Education & Experience)

CA / CMA / MBA Finance with a minimum of 5-12 years of relevant experience in fixed assets accounting, preferably in manufacturing industry.

Strong understanding of accounting principles and financial reporting related to Fixed Asset / Intangibles.

Strong knowledge of IFRS and experience with large-scale capital projects.

Proficiency in Microsoft Office Suite, with advanced skills in Excel.

Experience with ERP systems, such as SAP.

Experience working with CAPEX projects and asset impairment assessments.

Strong analytical, problem-solving, and organizational skills.

Ability to communicate effectively, both written and verbally, with employees at all levels within the organization.

Working Conditions

Full-time position, typically Monday through Friday (EU timings) with the possibility of additional hours during peak periods.

This role may require occasional travel to different company sites or for professional development opportunities.

Please apply via our online recruitment system. We will not accept applications via e-mail. Once it's with us we will review to see if we have a match between your skills and the role! For more information about our hiring process, visit : nouryon.com / careers / how-we-hire /

We look forward to receiving your application!

We kindly ask our internal candidates to apply with your Nouryon email via Success Factors.

We’re looking for tomorrow’s Changemakers, today.

If you’re looking for your next career move, apply today and join Nouryon’s worldwide team of Changemakers in providing essential solutions that our customers use to manufacture everyday products such as personal care, cleaning, paints and coatings, agriculture and food, pharmaceuticals, and building products. Our employees are driven by the wish to make an impact and actively drive positive change. If that describes you, we will gladly make way for your ambitions. From day one we support you with your personal growth, through challenging positions and comprehensive learning and development opportunities, in a dynamic, international, diverse, and proactive working environment.

Visit our website and follow us on LinkedIn.

#WeAreNouryon #Changemakers

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Manager-Capex • Chennai, Tamil Nadu, India

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