Business Controller - Business Controlling and Analytics

Posted One Month Ago
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Chennai, Tamil Nadu, IND
In-Office
Expert/Leader
Logistics • Transportation • Design • Automation • Manufacturing
The Role
Business Controller responsible for financial analysis, budgeting, forecasting, KPI development, profitability analysis, revenue and cost recognition, compliance monitoring, project provisions, tendering support, and business partnering. The role provides financial insights to business leaders, manages reporting quality, supports process simplification, evaluates risks and opportunities, and coordinates planning and performance actions across a multicultural organization.
Summary Generated by Built In

Did you know KONE moves over one billion people every day? In 2025, we had annual net sales of EUR 11.2 billion. We employ over 60,000 driven professionals in close to 70 countries worldwide joined together by a shared vision. As a global leader in the elevator and escalator industry, it is our mission to improve the flow of urban life.

Why this role?

KONE India is  embarking upon an exciting growth phase and this represents an opportunity for you to join our Business Controlling and Analytics team .

We are presently hiring for multiple Business Controller positions to support the  activities of our three Business Lines – New Elevators and Escalators , Service and Modernisation.

Purpose

Business Controller supports key business leaders and the Finance Director in driving and monitoring the business performance by providing financial insight. Ensures KONE business activities are conducted in accordance with the KONE Financial Control Model (FCM), and that financial impacts are measured and reported following the KONE accounting standards and instructions.  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. Business Controller is also accountable for executing the planning process according to global guidelines with the business leaders

Responsibilities and Key activities

  • Business Partnering with strong outside in mindsets
  • Managing and analyzing financial performance -  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.,
  • Work in close coordination with Business leaders to align business priorities
  • Other activities in line  with Business requirements as and when needed

Are you the one?

  • Demonstrated leadership qualities and abilities
  • Minimum 15 - 20 years of industrial  experience, preferably in a manufacturing environment, including cost planning, profitability analysis, financial modelling and business partnering
  • Academic qualification – Intermediate completion of Professional course CA / ICWA / CIMA
  • Advanced Microsoft excel knowledge
  • SAP ERP (or similar) and BI tools working knowledge
  • Excellent analytical, communication skills, coupled with the ability to build trust and collaboration among business leaders/ stakeholders
  • Working knowledge of IT tools and flair for  Automation
  • Ability to adopt to a multi cultural environment
  • Willingness to travel within and outside India
  • 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 or any other foreign language  will be an added advantage

What do we offer?

  • Career progression opportunities within a global organization.
  • Total reward elements that engage and motivate our employees and help us make KONE a great place to work.
  • Comprehensive learning and development programs covering a wide range of professional skills.
  • All positions are based in Chennai

At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

Read more on https://kone.com/global/en/careers.html

Skills Required

  • Minimum 10-15 years of industrial experience, preferably in an industrial environment
  • Experience in cost planning, profitability analysis, financial modelling, and business partnering
  • Intermediate completion of a professional CA, ICWA, or CIMA course
  • Advanced Microsoft Excel knowledge
  • Working knowledge of SAP ERP or similar systems and BI tools
  • Excellent analytical and communication skills
  • Ability to build trust and collaboration with business leaders and stakeholders
  • Working knowledge of IT tools and aptitude for automation
  • Ability to adapt to a multicultural environment
  • Willingness to travel within and outside India
  • Organizational, process planning, and change management skills
  • Ability to influence in a matrix organization
  • Hands-on business partnering experience
  • Proficiency in English
  • Working knowledge of French or Arabic

Kone Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Kone and has not been reviewed or approved by Kone.

  • Fair & Transparent Compensation — Pay is considered competitive across many roles and markets, with field positions sometimes benefiting from overtime and strong union scales. Feedback suggests base compensation is often a relative positive even when other factors vary.
  • Retirement Support — Retirement programs, including 401(k) and in some regions pension or annuity structures, are consistently highlighted as strong. Feedback suggests these elements meaningfully enhance the overall package.
  • Healthcare Strength — Core health coverage is viewed as comprehensive, commonly including medical, dental, and vision options. Feedback suggests a global well‑being framework and EAP resources further reinforce health-related support.

Kone Insights

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The Company
HQ: Espoo
31,273 Employees
Year Founded: 1910

What We Do

At KONE, our mission is to improve the flow of urban life. This means understanding urbanization and, together with our partners and customers, helping cities to become better and more sustainable places to live. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. Headquartered in Helsinki, Finland, we operate in more than 60 countries around the world, employ over 60,000 people and serve 550,000 customers. In 2022, KONE had annual sales of EUR 10.9 billion. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

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