Kone India | Business Controller

Responsibilities

• KONE India is embarking upon an exciting growth phase and this represents an opportunity for you to join our Business Controlling and Analytics team in Chennai.
• 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.
• Managing and analyzing 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.
• Working knowledge of IT tools and flair for Automation.

Requirements

• Minimum 10-15 years of industrial experience, preferably in an industrial environment, including cost planning, profitability analysis, financial modelling and business partnering.
• Excellent analytical, communication skills, coupled with the ability to build trust and collaboration among business leaders/ stakeholders.
• Ability to adopt to a multi cultural environment.
• 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 will be an added advantage.
• Advanced Microsoft excel knowledge

KONE Corporation

KONE grew out of Tarmo, a Helsinki machine repair shop founded in 1908, and was incorporated as KONE on 27 October 1910, selling refurbished electric motors and installing imported elevators. Harald Herlin bought it from the Finnish firm Strömberg in 1924, and the Herlin family has controlled it since. KONE Corporation has its corporate offices in Espoo, Finland, and its class B shares are listed on Nasdaq Helsinki. It makes, installs and maintains elevators, escalators and automatic building doors; its MonoSpace (1996) was, by KONE's account, the first machine-room-less elevator. KONE entered India in 1984 through Beacon KONE, a joint venture with Best & Crompton Engineering, and bought out its partner in 1992. KONE Elevator India Private Limited is headquartered in Chennai and has a factory in Sriperumbudur, near Chennai, opened in 2019. Chennai and Pune host a KONE technology and engineering centre, and Chennai has one of KONE's three global shared service centres, supporting KONE units in India, North America, the UK, Ireland, South Africa and the Middle East.

Its finance opening in India is a business controller in Chennai covering project profitability, cost planning, cash flow forecasts and business partnering, which asks for CA, ICWA or CIMA at least at intermediate level and 10 to 15 years of industrial experience.

• Industry: Elevators, escalators and automatic building doors: manufacture, installation, maintenance and modernisation
• Headquarters: Espoo, Finland (listed on Nasdaq Helsinki)
• In India: KONE Elevator India Private Limited, headquartered in Chennai, with a factory at Sriperumbudur, a technology and engineering centre in Chennai and Pune, and a global shared service centre in Chennai