23 Oct
|
SKF Group
|
Bengaluru
23 Oct
SKF Group
Bengaluru
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.
Assistant Manager – Controlling
Reports To: Deputy General Manager- Controlling Lubrication India
A Finance Controlling role responsible for leading Controlling and Reporting activities to support financial planning, analysis, and decision-making for LLS India. This position serves as a bridge between finance and operations, ensuring that cost optimization initiatives are aligned with business objectives and drive operational efficiency.
CA / CA- Inter / ICWA / CMA with 4 to 8 years of post-qualification experience.
Hands-on experience in Financial Planning and Global reporting
Solid working experience on MS Office and good understanding of SAP ERP - FICO, Sound knowledge in Power BI .
Partner with Engineering, Industrial Engineering, Logistic and Operations teams to provide financial insights and recommendations.
Operating profit analysis for Manufacturing unit which includes material cost variance analysis, plus Fixed and variable cost analysis.
Assess proposed capital investments by analyzing financial viability, ROI, payback period, and alignment with Business plan . Monitor inventory to identify opportunities for optimization. Analyse slow-moving and obsolete inventories, discards / write-offs; monitor and analyse inventory count results.
Strong expertise in SAP-ERP (FICO) Product Costing functionalities, including Cost Component Structure, Routing, Costing Variant configuration, Parallel Valuation, and Settlement Structure.
Carry out cost-level analysis for the manufacturing unit to deliver a comprehensive overview of operations, including tracking actual cost developments at the operational level on a monthly, quarterly, and annual basis.
Actual vs Forecast Analysis showing comparison on month/quarter vs Forecast
Ensure compliance with SKF financial policies, internal controls and audit plan for the year
Cost Project Validation & Controls - Streamline activities and work on improvement projects in line with required KPIs
Costing Power BI Ownership - Support the LLS. Business teams including Factory, in all necessary activities and provide costing related data as required from time to time.
Financial Reporting - Lead the month-end activities related to financial reviews, accruals and data submission to Finance Accounting teams.
Data Analysis and Expense Validation - Responsible for driving data validation, timely processing of all Expenses /Purchase requisitions
Share information to all stakeholders within Business units and factories
Factory Operations Team
📌 Assistant Manager of Planning (1 year relevant experience required) (Bengaluru)
🏢 SKF Group
📍 Bengaluru