Business Finance & Controllership - Lead
Larsen & Toubro
- Location
- Coimbatore South, Tamil Nadu, India
- Job type
- Full-time
Required skills
- accounting
- business models
- corporate finance
- forecasting
- go-to-market
- SAP
About the role
Larsen & Toubro
Website:
larsentoubro.com
Job details:
- 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
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