Senior Manager / Manager - Finance

Overview

Senior Manager / Manager Finance at KONE's Chennai HO team, responsible for day-to-day financial controlling of the unit to meet short and long-term business objectives and comply with KONE Financial Control Models, external regulations, accounting principles and standards. Reports to a Financial Director/Manager.

What you'll do

• Ensure legal entity financial reporting is prepared on time in accordance with KONE Accounting Standards and statutory requirements.
• Ensure all defined month-end closing tasks are executed by finance operations partner(s), KONE Business Services and finance Global Process Owners for the unit.
• Collaborate with finance operations partner(s), KONE Business Services and finance GPOs on close activities, providing local business insight and supporting evidence on account movements.
• Review and approve key reconciliations, journal entries and the bridge between KONE Reporting (IFRS) and statutory reporting.
• Ensure proper balance sheet reconciliation for the legal entity in accordance with the KONE balance sheet reconciliation policy.
• Ensure timeliness, completeness and accuracy of legal entity and business line/unit results and forecasts in KONE consolidation system (CPM Beacon), in collaboration with business controllers.
• Organize and run periodic financial performance and balance sheet reviews with Finance Director, Business Controllers, KONE Business Services and finance operations partner(s).
• Ensure forecasting of statutory income statement and balance sheet items, bridging business forecasting and legal entity view.
• Ensure execution of unit-specific internal control activities, relevant documentation and monitoring as defined by the global KONE internal controls framework.
• Ensure statutory and tax reporting are filed in accordance with local legislation and globally agreed timelines.
• Ensure annual dividends are distributed in accordance with the KONE dividend policy.
• Manage the audit process, ensuring group and statutory audits are conducted in accordance with globally defined schedule and scope.
• Continuously follow up on local legislation and its potential impacts on the business and financial reporting, proactively communicating to local and global stakeholders.
• Act as first point of contact for local authorities.
• Approve payment proposals and authorize manual payments in accordance with KONE policy.
• Collaborate with finance GPOs, KONE Business Services and finance operations partner(s) to resolve process issues or exceptions, and implement global finance processes and improvement initiatives in the unit.
• Identify and forecast FX exposure and agree on hedge plan with KCO treasury.
• Actively participate in relevant mergers and acquisitions activities in cooperation with the global KONE M&A team.
• May lead a team of financial professionals.
• Provide actionable insights on unit financial performance to the Finance Director, Business Controllers and business leaders on a day-to-day basis.
• Participate in selected business meetings and provide accounting expertise as needed.
• Advise business on bank guarantees, provide approvals, and collect back bank guarantees.
• Gain understanding of FX exposure and potential impacts for the unit and advise business on FX management in projects.
• At month-end, review and summarize legal entity financial result, performance and balance sheet with business controllers to validate completeness and accuracy of financial and management reporting and forecasting.

What you'll need

• 10+ years of experience.
• Relevant education.

Details

• Location: Chennai (HO).
• Reports to a Financial Director/Manager.