Assistant Manager Controlling

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:    Assistant Manager – Controlling Reports To:        Deputy General Manager- Controlling Lubrication India Role Type:          Individual Contributor Location:             Bengaluru Purpose of the role 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. Profile of the job holder/key requirements CA / CA- Inter / ICWA / CMA with 4 to 8 years of post-qualification experience. Hands-on experience in Financial Planning and Global reporting Strong working experience on MS Office and good understanding of SAP ERP - FICO, Sound knowledge in Power BI . Good communication skills, verbal and written Strong collaboration with stakeholders across Cross Functional Teams Ability to independently handle / manage day-to-day tasks Key Responsibilities An individual contributor role to manage day-to-day Controlling and Reporting Responsibilities of all Manufacturing activities in line with India and Corporate (SKF Group) requirements. Controlling Responsibilities 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. Primarily responsible for updating standard costs annually in the PC Tool; analyzing the deviations of standard costs, ensure proper evaluation, and timely reporting. Assess proposed capital investments by analyzing financial viability, ROI, payback period, and alignment with Business plan . Track expenditure…