Role Summary The Finance Business Partner (CRE) serves as the financial bridge between engineering innovation and commercial execution. Operating within the Central Research & Engineering(CRE) division the strategic heartbeat driving Engine and Genset Manufacturing. You will oversee project capitalization, budgetary controls, and financial transparency across diverse sectors, including Defence, Marine, Railway, Construction, and Current Energy.

Key Responsibilities

Financial Planning, Reporting & Compliance
Execute month-end closing activities and manage allocations for all CRE cost

centers.
Lead the Annual Operating Plan (AOP) for Capex and Opex in coordination with

corporate finance and MIS teams.
Ensure compliance with Ind AS (specifically regarding Capitalization & Inventory) and

support statutory, cost, and internal audits.
Assist in generating data for corporate Financial Reporting (FR) and Business

Responsibility and Sustainability Reporting (BRSR). Project Lifecycle & Cost Evaluation
Validate cost-reduction projects to ensure savings are verifiable, impactful, and

aligned with organizational goals.
Review and approve New Asset/Capital Request Forms (NACRF) and Capital

Expenditure Requests (CER).
Resolve systemic operational friction,



including Bill of Materials (BOM) inaccuracies.

Capex Management & Governance
Monitor Capital Work-in-Progress (CWIP) in close collaboration with technical and

project leads.
Establish and formalize Standard Operating Procedures (SOPs) for Capex policies

and financial workflows. Qualifications & Experience
Education: Newly Qualified Chartered Accountant (CA).
Experience: Completed article-ship or early-career exposure within manufacturing or industrial engineering sectors.
Domain Fit: Comfort navigating R& D-heavy settings and interacting with technical engineering teams.

Mandatory Skills & Competencies
Advanced Excel: High proficiency in financial modeling, AOP building, and MIS tracking.
ERP Proficiency: Hands-on experience with Oracle ERP.
Accounting Standards: In-depth knowledge of Ind AS (Capitalization & Inventory focus).
Analytical Thinking: Robust attention to detail for vetting cost savings and preventing budget slippage.
Stakeholder Management: Ability to partner with technical leaders and cross- functional teams.
Process Orientation: Drive to standardize workflows, build SOPs, and enhance data integrity.

📌 Finance Business Partner Pune
🏢 Kirloskar Oil Engines (KOEL)
📍 Pune