KONE India is embarking upon an exciting growth phase and this represents an opportunity for you to join our Mumbai (Andheri) team, as a Manager - Finance (Business controller).
Forecast & budget activities:
- Coordination & reporting forecasting, Budgeting.
- Weekly Review calls with branches
- Monthly Region Results review
- HO review/global visitor presentation coordination-As & when needed
NBS/MOD- Order book,P2P,FCM,DOA,OR analysis:
- Order Book review & drive forecast cost discipline with branches
- Quarterly job level review for profitability with Branches & Region Team
- Financial Control Module review for branches & follow-up actions
- OR analysis & insights to Region Director (Analysis by Segment,Single vs Bulk, LR vs MR)-
Service - Pricing, variable cost, productivity, slow & nonmoving, compliance:
Pricing:
- Follow-up of specific action plan agreed with branch managers to improve renewal hike & Discuss with HO finance / business team for review & support needed
- Conversion discount 30% follow-up of specific action plan agreed with branch managers. Discuss with HO finance/business team for review & support needed
Variable Cost review:
- Action plan follow-up on material/freight cost/sub con cost Bud vs act % on sales&per unit compared to previous year (all high variance branches).
Slow & nonmoving inventory:
- Quarterly slow & nonmoving hit branches,review with branch managers on mitigation plan&follow-up.
Compliance:
- Service compliance repeated issues mitigation plan follow & review with HO team
- Review Meetings-sharing key priorities/Concern Points
Financial controlling-Balance Sheet, Digital, change management, audit, process review:
- Ensuring financial integrity by maintaining accurate, timely and compliant balance sheet reporting for the region. Implementing controls to mitigate financial risks and drive transparency.
- Leading and supporting finance-related process changes and digital transformation initiatives. Ensuring smooth adoption by collaborating with stakeholders and driving continuous improvements. -
- Acting as the key liaison for internal and external audits, ensuring adherence to financial regulations, policies and governance frameworks. Addressing audit findings and implementing corrective actions.
- Conducting regular assessments of financial processes to identify inefficiencies, drive standardization and implement best practices. Enhancing financial controls to improve operational effectiveness and compliance
Treasury - BG,tender deposit,insurance:
- Insurance/cost incurred 3 years to relook for providing wip provision/as WIP insurance-EAR can be controlled better ( 84mths insurance coverage is not permitted)
Fixed assets controlling- Capex budget, forecast, physical verification, clearing long pending items:
- Review budget proposals and support the HO team in conducting a comprehensive analysis of needs and identifying reductions to meet budget targets in KEI level.
- Capex forecast review and release of budgets for unplanned or deferred items based on BM/RD's recommendations-
Physical verification:
- Review the outcomes of branch locations and support in preparing case studies for sensitive items and obtaining RD approvals if regularizations are needed-Annually
- Clearing GR/IR mismatch items, Capex advances & Capital WIP - Long pending items-As and when needed
- Provide support in resolving regional-level escalations within the roles defined for branch controllers. - As and when needed
- Minimum 10 years of experience in Business Analytics, forecasting, budgeting, financial controlling.
- Expert in excel & powerpoint.
- Working knowledge of GST.
- 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.
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