The Purpose of this role is to manage and oversee the capital expenditure processes within the organisation.
ofi is a leading global integrated supply chain manager, processor and grower of agricultural products and food ingredients, supplying various products across five platforms (cocoa, coffee, dairy, nuts and spices), to more than 8,000 customers worldwide. With a direct presence in more than 49 countries, with sourcing and processing in most major producing countries, ofi has built a global leadership position in many of its businesses.
The Capex Accountant is responsible for managing and overseeing the capital expenditure (Capex) processes within the organisation. This role involves ensuring accurate tracking, reporting, and analysis of all capital projects, maintaining the fixed asset register, and supporting project managers with financial insights. The role is split equally, with 50% of the responsibilities focused on Capex and 50% on supporting the business unit.
The Capex Accountant is considered a key business partner who works with key members of the business providing key financial information and insights.
Financial Controlling
Collaborate with the Stage-2 Project Manager, Site Manager, and Financial Controller to analyze and reconcile actual versus approved spend and cash flow projections.
Provide detailed financial analysis to support and challenge project managers and engineers on spend phasing, ensuring alignment with project budgets and timelines.
Purchase Order and Invoice Management
Manage the creation, monitoring, and tracking of purchase orders with CAPEX suppliers.
Ensure timely receipt and processing of CAPEX invoices, working closely with the Project Manager and Accounts Payable team to maintain efficiency.
Asset Management
Oversee the monthly settlement of Planview Work Breakdown Structures (WBS) to allocate spend to Construction Work in Progress (CWIP).
Manage fixed asset settlements, including the creation of asset master’s and supporting documentation, ensuring adherence to internal control policies and requirements.
Budgeting and Forecasting
Lead quarterly and annual CAPEX budget forecasting and prepare presentations for the New Zealand leadership team.
Maintain and update monthly CAPEX cash flow forecasts to support project delivery and financial planning.
Month-End Reporting
Prepare and deliver comprehensive monthly CAPEX reports in accordance with Regional and Steering Committee requirements.
Develop and distribute a clear and concise monthly overview of CAPEX status to the leadership team.
Governance and Compliance
Ensure all CAPEX management processes are thoroughly documented and meet internal governance and compliance standards.
Key Skills
Experience/Skills