Business Controller - Business Controlling and Analytics

Kone; Chennai District; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

KONE India is hiring for multiple Business Controller roles to support its three lines: New Elevators and Escalators, Service and Modernisation. You will partner with business leaders, drive financial insights and ensure compliant revenue/cost recognition, planning and KPI development.

The role requires extensive experience in manufacturing finance, strong Excel skills, and fluency in English, with travel within and outside India expected.

Qualifications

• 15–20 years of industrial experience, preferably in manufacturing.
• Academic qualification – Intermediate completion of Professional course CA / ICWA / CIMA
• Advanced Microsoft Excel knowledge
• SAP ERP (or similar) and BI tools working knowledge

Responsibilities

• Business Partnering with strong outside-in mindsets.
• Managing and analyzing financial performance – actual monthly and year-to-date Orders, Sales and Margins.
• 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.,
• Work in close coordination with Business leaders to align business priorities.
• Other activities in line with Business requirements as and when needed

Skills

Leadership

English language

Analytical skills

Multicultural adaptability

Willingness to travel

Strong communication

Business partnering

Change management

Hands-on partner­ing experience

Education

CA / ICWA / CIMA (intermediate)

Tools

SAP ERP

BI tools

Microsoft Excel

Job description

Did you know KONE moves over one billion people every day? In 2025, we had annual net sales of EUR 11.2 billion. We employ over 60,000 driven professionals in close to 70 countries worldwide joined together by a shared vision. As a global leader in the elevator and escalator industry, it is our mission to improve the flow of urban life.

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 .

We are presently hiring for multiple Business Controller positions to support the activities of our three Business Lines – New Elevators and Escalators , Service and Modernisation.

Purpose

Business Controller supports key business leaders and the Finance Director in driving and monitoring the business performance by providing financial insight. Ensures KONE business activities are conducted in accordance with the KONE Financial Control Model (FCM), and that financial impacts are measured and reported following the KONE accounting standards and instructions. 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. Business Controller is also accountable for executing the planning process according to global guidelines with the business leaders

Responsibilities and Key activities

• Business Partnering with strong outside in mindsets
• Managing and analyzing financial performance - 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.,
• Work 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?

• Demonstrated leadership qualities and abilities
• Minimum 15 - 20 years of industrial experience, preferably in a manufacturing 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 or any other foreign language 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.
• All positions are based in Chennai

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.