Accounting Advisor – Capex

Location

Sri Lanka - Makola Kelanyia

Apply by

2026-05-23

Workplace

On-site

About Us:

We are Yokohama TWS, a leading global supplier of tires and complete wheels for the agricultural, material handling, construction, motorcycles segments.

We design and manufacture tire and wheel solutions made for the future. With a combination of value, safety and ease, our solutions provide a more productive and sustainable performance our customers demand.

We pair the expertise and power of our global reach with the care and knowledge of local proximity. This brings innovation, technology and sustainability together to answer the specific needs of our customers. All while continuing to reduce our and their impact on the planet.

Our people take ownership to deliver on this promise every day.

We are a global Company with a local reach, operating in more than 50 Countries worldwide with 5.300 employees of 40 different nationalities, 12 state-of-the-art plants and 4 innovation centers. We are part of Yokohama Rubber Co., Ltd., a global leader in the tire industry with 1094 billion yen in revenues (approx. 6.7 billion euro), approximately 34,000 people around the globe and with operations in more than 120 countries.

If you have an entrepreneurial mindset, enjoy taking responsibilities and getting things done in the right way, join us! We are plenty of opportunities to grow and develop in a truly dynamic and easy-going environment.

About the opportunity

The Capex Accountant is responsible for end to end accounting, control, and reporting of Capital Expenditure (CAPEX) across the organization. This role ensures that capital projects are properly approved, capitalized, monitored, transferred, and reported in line with IFRS, group policies, and internal controls, while supporting budgeting, forecasting, and audits.

 Key Responsibilities

CAPEX Governance & Control

  • Manage the CAPEX request and approval process, ensuring compliance with company policies and authorization limits
  • Review and validate CAPEX proposals, business cases, and investment summaries
  • Ensure correct classification between OPEX and CAPEX

Capital Accounting

  • Monitor and reconcile Construction in Progress (CIP) and ensure timely transfer to Fixed Assets upon project completion
  • Capitalize assets accurately, including appropriate asset lives, depreciation methods, and asset categories
  • Maintain the Fixed Asset Register and ensure proper tagging and documentation

Month End & Reporting

  • Provide CAPEX related inputs for monthly financial close, including capitalization, depreciation, and variance analysis
  • Analyze actual CAPEX vs budget, investigate deviations, and explain variances
  • Support cash flow forecasting related to investment activities

Budgeting & Forecasting

  • Support annual CAPEX budgeting and rolling forecasts
  • Track commitment accounting and future spend projections
  • Coordinate with Engineering, Operations, and Procurement on project timelines and spend

Audit & Compliance

  • Actively support internal and external audits, providing documentation, asset listings, and reconciliations
  • Ensure compliance with IFRS and group accounting policies related to tangible and intangible assets

Process Improvement

  • Identify and recommend improvements to CAPEX and fixed asset processes
  • Support ERP based controls and reporting enhancements

Key Deliverables / KPIs

    • Accurate and timely CAPEX reporting
    • CIP aging analysis and on time asset capitalization
    • CAPEX budget adherence and variance explanations
    • Audit issues related to CAPEX and Fixed Assets = minimal / zero

 Your eligibility

  • Bachelor’s Degree in Accounting, Finance, or a related field.
  • 3–5 years of relevant experience in accounting, controlling, or audit
  • Strong exposure to CAPEX accounting and Fixed Assets, preferably in a manufacturing or multinational environment
  • Hands on experience with ERP systems
  • Strong interpersonal and problem-solving skills
  • Ability to interact effectively with all levels of the organization
  • Self-motivated and able to work independently
  • Must be proficient in speaking, writing, and conversing in the English language

What we offer

If you are a dynamic, proactive professional ready to contribute to our organization's success, we would love to hear from you. For those who have what it takes, we offer an attractive remuneration package, a wide range of benefits, and a world-class work experience. Please visit www.yokohama-tws.com to learn more about our company and our way of working.

Responsible recruiter

Tharanga Samaraweerakoon

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