Finance Controlling

Mercedes-Benz Group AG; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Mercedes-Benz Group AG in Bengaluru, India, seeks an FP&A professional to act as strategic partner to business leaders, guiding budgeting, forecasting and cost control. You will develop trackers, perform variance analyses, and present insights on financial trends, risks, and opportunities to senior stakeholders.

Responsibilities include budgeting cycles, top-down alignment with HQ, and cross-functional collaboration with FP&A, Controlling, and Commercial teams.

Qualifications

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

Responsibilities

• Understand business strategy, services, cost drivers and competencies of the business unit.
• Act as a trusted financial advisor to leaders, supporting data-driven decisions.
• Lead annual budgeting, monthly forecasting, and detailed budget analysis.
• Prepare cost budgets and analyze impact on price-per-FTE and other metrics.
• Create trackers, dashboards, and reports for spend visibility and performance.
• Ensure governance by reviewing requisitions within budget and policy.
• Coordinate with HQ for top-down targets, service agreements, and milestones.
• Support contracting, invoicing, and shared services coordination with HQ.

Education

MBA/PGDM in Finance

CA / CMA (ICWA)

Master’s / Bachelor’s degree in Finance/Accounting

Job description

Aufgaben

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.

Qualifikationen

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.