Minerals Capital-Allocation and Financial-Accountability Adviser

The mandate

The committee's recurring question is how to allocate mineral and steel investment through a cycle without letting current prices justify commitments that remain binding when margins fall. Financial accountability also requires a clear path from approved investment assumptions to later performance evidence. The adviser will test that path, including where long-lived capital, funding conditions and operating uncertainty demand staged choices.

The reserved cadence is four days monthly for investment-paper analysis, project and treasury interviews and a written challenge discussion. Scheduled committee attendance is included. Papers arrive seven working days before review; urgent queries receive acknowledgement within one business day and a reasoned answer within three where evidence exists. New project diligence or independent engineering assessment is not implied by the retainer.

The nine-month advisory calendar begins on 19 October 2026. Renewal rests with the committee chair and must identify unfinished capital or accountability questions, with independence reassessed. Visakhapatnam is the base for planned India workshops and remote preparation. Advice should improve the committee's durable review discipline rather than leave every future investment dependent on external permission.

Investment challenge creates no line authority for the adviser over project or finance teams. The role carries no executive responsibility for capital release, funding compliance or project execution. The committee approves investment, and qualified engineering, reserve and environmental specialists provide their own conclusions. Recommendations must show when the financial case depends on those conclusions rather than quietly treating them as proven inputs.

Concurrent work can continue outside competing projects and reviewed financing counterparties. A fee for arranging the same funding, interest in a proposed project supplier or involvement in preparing the investment case would conflict. Disclosure, recusal and information barriers are agreed before access. The adviser may not reuse confidential capital or commodity assumptions to support another transaction or supplier proposal.

What you will own

• Test mineral and steel capital proposals across price and operating downside, separating contractual commitments from staged expenditure that the committee can still resize or defer.
• Question funding assumptions for covenant, collateral and liquidity constraints before a nominally attractive return is treated as an executable investment opportunity.
• Shape investment comparisons linking financial value, reversibility and specialist evidence dependencies, making missing reserve or engineering conclusions visible rather than substituting finance judgement.
• Press sponsors to define accountable post-approval measures that compare actual cash and operating evidence with the assumptions used to justify capital release.
• Challenge governance papers where approval history or delegated authority is ambiguous, recommending a clear decision route without taking statutory or company-secretarial responsibility.
• Recommend release gates and review triggers that protect capital discipline through the cycle, including the conditions under which the committee should stop supporting a previously approved case.

Candidate qualifications

• Show twenty-two-plus years in finance with CFO or senior capital-governance experience in mining, minerals, steel or comparable industrial sectors. Describe an investment you challenged under cyclical conditions, the assumption changed and the decision influenced. The role requires personally evidenced financial judgement, not only board familiarity.
• Demonstrate capital-allocation and funding analysis across commodity exposure, operating variability and long-lived commitments. Provide a case where a base-case return concealed downside obligations, and explain how you made alternative release sequences comparable without assuming every funding source would remain available.
• Bring disciplined board finance and accountability practice, including approved assumptions, delegation evidence and post-investment review. A recognised professional finance background is expected. Show how you connected actual performance to the original case and preserved specialist engineering, reserve, environmental and statutory responsibilities rather than expanding finance authority.
• Prove independence with project, lender or supplier conflicts managed in practice. Disclose current industrial advisory, investment and funding relationships, and explain how you maintain the four-day monthly review commitment. The adviser must be able to disagree transparently with strong sponsors while leaving capital decisions and execution risk with authorised internal leaders.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 7 October 2026. Mandate reference PCT-ADV-2026-IND-54.