Business Controller - Chennai (APM)

Kone; Chennai District; On-site; INR 1,800,000 - 2,600,000; Full time

Benefits offered by this job

Career progression

Total reward elements

Learning and development programs

Job summary

KONE India seeks an experienced Business Controller to join the Business Controlling & Analytics team in Chennai. You will partner with business leaders to deliver accurate reporting and forecasting in line with the KONE Financial Control Model.

You will drive planning, budgeting, and profitability analyses for projects, ensuring proper revenue and cost recognition and supporting strategic decision-making. Travel may be required.

Qualifications

• 10–15 years of industrial experience with cost planning and profitability analysis.
• Professional CA/ICWA/CIMA qualification or equivalent.
• Strong Excel, modelling and data analysis capabilities.
• Working knowledge of SAP ERP and BI tools is essential.
• Ability to partner with leaders and influence decisions across functions.
• Willingness to travel and adapt to a multicultural environment.

Responsibilities

• Managing and analyzing actual monthly and year to date OR, Sales and CMII
• Facilitating planning, forecasting and budget process
• Calculating and updating Labor rates & Burden rates for tendering and OB
• Monitoring compliance of OR recognition / Revenue recognition as per policy through sample check
• Managing the quality of OB through KPIs 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 estimate as per timelines
• 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.,
• Other activities in line with Business requirements as and when needed

Skills

Advanced Excel

Analytical skills

Strategic communication

Automation flair

Multi-cultural adaptability

Influence in matrix org

Education

CA/ICWA/CIMA

Tools

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. 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 OR, Sales and CMII
• Facilitating planning, forecasting and budget process
• Calculating and updating Labor rates & Burden rates for tendering and OB
• Monitoring compliance of OR recognition / Revenue recognition as per policy through sample check
• Managing the quality of OB through KPIs 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 estimate as per timelines
• 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.,
• 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
• Flair for Automation
• Ability to adopt to a multi cultural environment
• Willingness to travel
• Good organizational, process planning and change management skills, influencer in a matrix organization

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.