Business Controller

KONE; Chennai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

KONE India in Chennai is seeking a seasoned Business Controller to drive controlling and analytics, partnering with business leaders to generate financial insights and timely forecasts under the Global Control Model.

The role focuses on planning, revenue/cost recognition, KPI development, and governance across local/global policies, with exposure to tendering, project profitability, and cost optimization.

Qualifications

• 10–15 years of industrial experience in cost planning, profitability analysis, financial modelling and business partnering.
• Intermediate completion of CA / ICWA / CIMA Advanced Microsoft Excel knowledge SAP ERP (or similar) and BI tools working knowledge.
• Excellent analytical, communication skills, coupled with the ability to build trust and collaboration among business leaders/stakeholders.
• Working knowledge of IT tools and flair for Automation.
• Ability to adapt to a multi cultural environment.
• Willingness to travel within and outside India.
• Good organizational, process planning and change management skills, influencer in a matrix organization.
• Hands on Business Partnering experience.
• Proficiency in English; working knowledge of French, Arabic is a plus.

Responsibilities

• Manage and analyze monthly and year-to-date orders, sales and margins.
• Facilitate planning, forecasting and budget processes.
• Calculate labour and burden rates for tendering and order booking.
• Ensure revenue recognition as per policy across projects.
• Develop KPIs for order booking quality (p2f/p2p/cost overrun).
• Monitor completion revenue and cost recognition.
• Support CORE simplification projects.
• Monitor slow/non-moving projects and provisions.
• Coordinate with business on market trends and estimates.
• Analyze profitability of completed projects and share variance insights.
• Support tendering-related commercials terms, cash flow forecasts, future costs, risk & opportunities.
• Stakeholder management and business partnering with leaders.
• Other activities aligned with business requirements.

Skills

Analytical skills

Communication skills

Business partnering

Education

CA / ICWA / CIMA

Tools

Microsoft Excel

SAP ERP

BI tools

Job description

Why this role?

KONE India is embarking upon an exciting growth phase and this represents an opportunity for you to join our Business Controlling and Analytics team in Chennai. The Business Controlling & Analytics team supports business performance by partnering closely with business leaders, in facilitating and supporting decisions with financials insights and ensuring high quality, accurate and timely reporting and forecasting in line with the KONE Financial Control Model.

The purpose of the role is also to ensure that business KPIs are logical and add value, actions are defined based on performance, and that benefit realizations are delivered. The Business Controller supports and ensures that adherence to both local and global policies is controlled. The Business Controller also executes the planning process according to guidelines with the business leaders.

What will you be doing?

• Managing and analyzing actual monthly and year to date Orders, Sales and Margins thereof
• Facilitating planning, forecasting and budget process
• Calculating and updating Labor rates & Burden rates for tendering and Order Booking
• Monitoring compliance of Orders recognition / Revenue recognition as per policy through sample check
• Managing the quality of Order Booking through KPI’s development on p2f/ p2p/ cost overrun etc.,
• Ensuring Revenue and cost recognition as per policy for completion
• Support and coordinate CORE simplification projects
• Monitoring the slow moving and non-moving projects, recognizing provisions as per policy
• Coordinate with Business team on Market trends and estimates
• Monitoring and support Cancellation of OR as per process
• Analyzing the actual profitability of completed project and share insights on p2p variance
• Support business team on Major projects tendering related commercials terms, cash flow forecast, future cost, risk & opportunity, Scenarios etc.,
• Stakeholder Management and Business Partnering in close coordination with Business leaders to align business priorities
• Other activities in line with Business requirements as and when needed

Are you the one?

• Minimum 10-15 years of industrial experience, preferably in an industrial environment, including cost planning, profitability analysis, financial modelling and business partnering
• Academic qualification – Intermediate completion of Professional course CA / ICWA / CIMA Advanced Microsoft excel knowledge SAP ERP (or similar) and BI tools working knowledge
• Excellent analytical, communication skills, coupled with the ability to build trust and collaboration among business leaders/ stakeholders
• Working knowledge of IT tools and flair for Automation
• Ability to adopt to a multi cultural environment
• Willingness to travel within and outside India
• Good organizational, process planning and change management skills, influencer in a matrix organization
• Hands on Business Partnering experience
• Proficiency in English language . Working knowledge of French , Arabic will be an added advantage

What do we offer?

Career progression opportunities within a global organization. Total reward elements that engage and motivate our employees and help us make KONE a great place to work. Comprehensive learning and development programs covering a wide range of professional skills. At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

Read more on https://kone.com/global/en/careers.html

At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.