Business Finance & Controllership - Lead...

• DEIC-L&T Precision Engineering & Systems IC
• Coimbatore Campus

Knowledge & Posting Location

Minimum Qualification

• Business Finance & Controllership
  • Act as the single point of accountability for business financial performance at the vertical level.

  • Drive monthly MIS, dashboards, and costing reviews with deep analytical insights.

  • Support the F&A Head in budgeting, forecasting, rolling forecasts, and long-range planning.

  • Partner with business heads to translate strategy into business plans and execution metrics.

• Business Model Evaluation & Financial Viability
  • Evaluate new business models, pricing strategies, and go-to-market structures.

  • Conduct profitability analysis by product, customer, project, and segment.

  • Build controlling models for new initiatives, make-vs-buy decisions, and scale-up plans.

  • Support strategic decisions through IRR, NPV, breakeven, and sensitivity analysis.

• Costing, Cost Monitoring & Cost Audit
  • Own product costing frameworks including standard cost, actual cost, and variance analysis.

  • Establish and monitor cost control mechanisms across manufacturing / operations

  • Conduct periodic cost audits and identify cost leakage, inefficiencies, and improvement levers.

  • Drive cost reduction initiatives in collaboration with operations and supply chain teams

• Inventory Reporting & Variance Analysis
  • Oversee inventory accounting, valuation, and ageing analysis from SAP

  • Track and analyze inventory variances (price, quantity, mix, obsolescence).

  • Ensure strong controls over slow-moving, non-moving, and obsolete inventory.

  • Partner with operations to improve inventory turns and working capital efficiency

• BOM Costing & New Product Cost Validation
  • Own BOM-level costing and ensure accuracy in product cost build-ups.

  • Validate new product costs before commercialization and pricing sign-off.

  • Work closely with Engineering / R&D to assess design-to-cost opportunities.

  • Ensure cost assumptions are realistic, auditable, and scalable

• Governance, Controls & Stakeholder Management
  • Ensure adherence to internal controls, accounting policies, and audit requirements.

  • Support internal and external audits from a business finance perspective.

  • Act as a trusted finance partner to Operations, SCM, Engineering, Sales, and Corporate Finance