Controlling Business Partner

Daimler Trucks North America LLC; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Mercedes-Benz Research and Development India Private Limited seeks an experienced Controlling Business Partner to lead FP&A activities, budgeting, forecasting, and cost control. You will provide data-driven financial guidance to business leaders and collaborate with HQ in Germany on targets and service agreements.

The role emphasizes creating dashboards, monitoring variances, and driving cost optimization while ensuring governance on requisitions and budgeting policies within the organization in

Qualifications

• MBA/PGDM in Finance or CA/CMA with FP&A experience.
• Master’s or Bachelor’s degree in Finance/Accounting may be considered with strong FP&A experience.
• Strong analytical and financial planning skills and ability to communicate financial insights.

Responsibilities

• Understand business strategy, key services, cost drivers, and competencies of the assigned business unit.
• Act as a trusted financial advisor to business leaders, supporting data-driven decision making.
• Lead and execute the annual budgeting cycle and monthly forecasting process in coordination with business unit stakeholders.
• Conduct detailed budget analysis, challenge assumptions, and validate bottom-up submissions.
• Prepare cost budgets and analyze the impact on price-per-FTE and other cost metrics.
• Ensure high data accuracy, completeness, and consistency across all financial reports.
• Act as a liaison between business units and HQ/Germany for alignment on top-down targets, service agreements, and planning milestones.
• Create and maintain trackers, dashboards, and reports enabling spend visibility and performance analysis.
• Monitor budget adherence by conducting thorough variance analysis.
• Present periodic financial updates to business leaders, highlighting deviations, risks, and opportunities.
• Partner with business owners to identify cost drivers, implement cost controls, and drive cost optimization initiatives.
• Ensure governance by reviewing and approving purchase requisitions within budget and policy frameworks.
• Review billing processes to identify discrepancies or risks affecting budget accuracy.
• Support billing of products, services, and internal cost allocations by coordinating with HQ and updating required systems.
• Serve as the primary point of contact for finance queries from the business, ensuring seamless coordination across FP&A, Controlling, and Commercial teams.
• Support budget planning for specific business activities through strong alignment with HQ functions.
• Facilitate contracting processes, ensure accurate invoicing, and manage end-to-end coordination with internal teams.
• Validate budget approvals and ensure alignment with purchasing processes and global guidelines.

Skills

FP&A

Budgeting & Forecasting

Variance Analysis

Financial Modelling

Education

MBA/PGDM in Finance

CA / CMA (ICWA)

Bachelor’s in Finance/Accounting with FP&A experience

Tools

SAP

Excel

Power BI

Job description

Job Description - Controlling Business Partner (MER0003ZBO)

Description

A. Strategic Business Partner

• Understand business strategy, key services, cost drivers, and competencies of the assigned business unit.
• Act as a trusted financial advisor to business leaders, supporting data-driven decision making.
• Participate in business reviews, strategic forums, and leadership discussions.
• Provide insights and recommendations on financial trends, risks, and opportunities.

B. Financial Planning, Budgeting & Forecasting

• Lead and execute the annual budgeting cycle and monthly forecasting process in coordination with business unit stakeholders.
• Conduct detailed budget analysis, challenge assumptions, and validate bottom-up submissions.
• Prepare cost budgets and analyze the impact on price-per-FTE and other cost metrics.
• Ensure high data accuracy, completeness, and consistency across all financial reports.
• Act as a liaison between business units and HQ/Germany for alignment on top-down targets, service agreements, and planning milestones.

C. Performance Management & Cost Controlling

• Create and maintain trackers, dashboards, and reports enabling spend visibility and performance analysis.
• Monitor budget adherence by conducting thorough variance analysis.
• Present periodic financial updates to business leaders, highlighting deviations, risks, and opportunities.
• Partner with business owners to identify cost drivers, implement cost controls, and drive cost optimization initiatives.
• Ensure governance by reviewing and approving purchase requisitions within budget and policy frameworks.

D. Cross-Functional Collaboration

• Review billing processes to identify discrepancies or risks affecting budget accuracy.
• Support billing of products, services, and internal cost allocations by coordinating with HQ and updating required systems.
• Serve as the primary point of contact for finance queries from the business, ensuring seamless coordination across FP&A, Controlling, and Commercial teams.

E. Contracting, Invoicing & Shared Services Coordination

• Support budget planning for specific business activities through strong alignment with HQ functions.
• Facilitate contracting processes, ensure accurate invoicing, and manage end-to-end coordination with internal teams.
• Validate budget approvals and ensure alignment with purchasing processes and global guidelines.

Qualifications

Educational Qualification

• MBA/PGDM in Finance or
• CA / CMA (ICWA)
• Master’s / Bachelor’s degree in Finance/Accounting may be considered with strong FP&A experience.

Organization

Mercedes-Benz Research and Development India Private Limited

Primary Location

India-Karnataka-Bangalore

Work Locations

Mercedes-Benz Research & Development India, Embassy Crest 'Embassy Crest' Plot No 5, EPIP Zone, Phase 1, 560 066