• Job Description

  Req#: 19092

  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.

  SKF India has been recognized as a "Top Employer 2024" by the Top Employers Institute, acknowledging excellence in People Practices.

  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

  Job Title: Business Controlling Executive

  Reports to: Controller - Central Functions

  Role Type: Individual Contributor

  Location: Chinchwad, Pune

  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

  Working Capital Management:

  • Preparation and 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

  Purchase Function:

  • Preparation of monthly cost index, purchase price variance for direct and indirect materials.
  • Prepare Trend analysis at operating unit level
  • Track the progress of cost savings activities and follow up on actions.
  • Track and analyse accounts payable ageing

  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

  Internal Control and Internal Audits:

  • Walk through of different processes to identify the scope for improvements
  • Prepare and communicate with stakeholders for Operational controls reviews
  • Liaise with Internal Control and Internal Audit functions for any related activities affecting the business
  • Collaborate with the Internal Control and Internal Audit functions for a structured and well managed approach with the Business units in ISEA
  • Coordinate with the requirements related to financial reporting, Internal Controls, or any matters having any potential impact on financial performance

  Competency Profile:

  • Graduate with knowledge in Financial Accounting and MS Office
  • Analytical skills, quick problem solving skills
  • Adaptability and willingness to learn
  • Business communication and influencing skills
  • Teamwork, strong and networking skills
  • Showing integrity, professionalism and courage to challenge in a constructive way

• About the company

  AB SKF is a Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden, in 1907.

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