Job Category: Finance & Control
Career level: Professional
About SKF
SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.
SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.
To know more, please visit: www.skf.com/in
SKF Purpose Statement
Together, we re-imagine rotation for a better tomorrow.
By creating intelligent and clean solutions for people and the planet
JOB DESCRIPTION
Position Title: Business Controller - Central Controlling _ISEA
Reports To: Head of Finance and Controlling Business Area India & Southeast Asia
Role Type: Individual Contributor
Location: Pune
Responsibilities:
ISEA Industrial Financial Reporting
- Contribute to the financial reporting for Industrial Region India & Southeast Asia (ISEA). This involves monthly, quarterly, and annual reporting.
- Participate and coordinate in the monthly outlook and business plan process for Industrial business, India & Southeast Asia Region
- Consolidation and compilation of various management reports (financial and non-financial) on a periodic and ad-hoc basis for through understanding of the business performance and analysis thereof to support/contribute to business decisions
- Publish structured communications and follow-up on timelines and guidance with business controllers.
- Maintain and follow-up on data requirements from the business controllers ISEA region
- Consolidate Manufacturing entities and complete IS14 - Industrial Region India & Southeast Asia financial statement monthly
- Consolidate, review, and analyse the forecast in Anaplan or in any other format used for the reporting purpose
- Cost level analysis for our own Manufacturing units to get the overview of operation at Industrial Region India & Southeast Asia
- Actual cost development analysis includes the Cost level at operational units as well as Industrial Region India & Southeast Asia level and SPDIV cost level development on monthly, quarterly, and annually
- Gross Profit analysis at consolidate level which includes Price / Mix, Volume, Currency, Inflation, and other COGS.
- Operating profit analysis at consolidate level which includes Gross profit analysis plus S&A analysis
- Actual vs Forecast Analysis showing comparison on month/quarter vs Forecast
- One pager sheet showing full year Forecast by quarter and YoY and sequential comparison
- Prepare ISEA level presentations for ISEA Business Controller – MMR, MBR,
- Monthly update of the Business Area’s consolidated financial reporting (Consolidated report of Automotive, Independent and Emerging Business, and Industrial Business)
- Prepare presentation for Town Hall and related communication of the Business Area performance
- Coordinate with Business Controllers from all Business Areas (Automotive, Independent and Emerging Business, and Industrial Business)
- Prepare ad-hoc reports when needed for the Business Area including support for Px, IT, Marketing and other support functions.
Investor Relations – SKF India Limited
- Analysing SKF India Financial Statements
- Preparing Presentations and FAQs for Earnings Call and other meetings with Investor Community.
- Preparing Presentations for Audit Committee and Board.
- Monitoring SKF India Limited Performance on a regular basis.
- Understanding and resolving matters impacting SKF India Statutory results.
- Prepare Business Plan for SKF India
- Perform Competition Analysis and monitor competition performance.
MANUFACTURING FUNCTION
- Consolidation of weekly pulse reports from manufacturing units in ISEA region.
- Collate results for all factories from Business Planning and Consolidation tool.
- Preparation of monthly analytical reports
- Track the key performance indicators vs plan and follow up on variations
WORKING CAPITAL MANAGEMENT
- Responsible for the reporting of Net Working Capital (‘NWC’) performance and related reports.
- To coordinate NWC related activities and reports with the relevant stakeholders in the business and local units
- Track and analyse accounts payable ageing
INternal control and internal audits
- Understand overall Internal Control and audit plan for the year
- Follow up on Internal Control and Audit issues
- Ensure all stakeholders are resolving all the issues in a time bound manner.
Responsible for Monthly reports
- Net Sales Bridge
- Gross Profit Bridge
- Operating Profit bridge
- Actual cost development analysis
- SPDIV cost level and Operating Margin % development
- Operating Cashflow report
- ROCE %
- Net working capital analysis
- Inventory analysis for Supply chain
- Manufacturing cost level
- Productivity details for Px
- Headcount reporting BPC vs PBI
- Bowler chart update
- Performance metrics update
- Any ad hoc reports necessary from time to time
Candidate Profile:
- Education and Experience: -MBA, CA, ICWA with 6+ years of experience
- Strong Business Controlling experience
- Strong Excel, Power Point, Power BI Skills required
- Good communication skills, strong networking skills, good influencing skills
- Showing integrity and courage to challenge in a constructive way
If interested, please share your updated profile @ [email protected]
