Job Information
KONE, Inc Business Controller in Nashville, Tennessee
KONE, founded in 1910, is one of the largest, award-winning elevator companies in the world and our offering for employees is as competitive as our offering for customers. Not only do we provide highly competitive salaries, company vehicles for specific roles, and world-class benefits for our salaried employees - we also pride ourselves on our culture and principles. Innovation, sustainability, collaboration, and ethical business practices are just some of the pillars that we use to define our own success. Come join our family in KONE Americas to be a part of something big!
As Business Controller , you will support the Head of Business Controlling in analyzing and monitoring the business performance for one or more front line districts. Supports the business by supplying timely, accurate information to leaders to help support execution of business actions, monitors key metrics and proactively identifying solutions to improve business performance. Regularly reviews and ensures that activities are performed in accordance with the KONE Financial Control Model (FCM) and provides necessary analysis to ensure financial impacts are measured and reported following the KONE accounting standards and instructions.
Location of position: Lombard, IL (or surrounding areas), Nashville, TN (or surrounding areas). Hybrid structure requires 3-4 days onsite and open to accommodate 1-2 days remote.
JOB DUTIES
Analyze and report on the financial performance.
Ensure that key reporting principles, internal controls, and correct costing parameters as defined by IAS, General Accepted Accounting Principles (GAAP), KARI, KAS and Financial Control Model (FCM) have been implemented and followed.
Ensure the correctness of managerial reporting including volume reporting (OR and sales), financial reporting (RE50 and R80), performance KPI’s (P2P pre vs. post calc., hours/floor), contract profitability.
Assure the correctness of managerial information (including order book, WIP, stock, provisions, accruals, etc.)
Monitor, track and verify project sales, costs and CMII in the Order Book
Analyze and understand the weekly/monthly actual performance of the business, as well as the deviations compared to planned (BUD /FCS) performance.
Generate accurate monthly closeout reports and projections for profits and losses through facilitation of the plan management (PM) meetings. Monitor, track, verify and update project costs and close projects within the guidelines of Close Out Policy
Coordinate, develop and manage financial accounting within the region to fulfil internal and external requirements consistent with company policy.
Provide analysis of key dependencies between the key operational processes, relationships, and metrics.
Promote and ensure adequate finance understanding in the business organization as a member of the business controlling team.
Provide actionable insights, key findings, and conclusions to business, not just numbers.
Assist in evaluating industry, economic, financial, and market trends to forecast the organization’s short, medium, and long-term financial and competitive position.
Provide general analysis that supports Business Lines, e.g., analyzing the opportunity funnel, and producing scenario analyses for versatile purposes (e.g., market demand vs. pricing in different scenarios).
Support the planning and forecasting processes.
Provide financial parameters for the planning and forecasting processes to support the sales and cost planning by the business (e.g., inflation rate, foreign exchange rates, increases in wages and salaries, costs for corporate materials, milestone lead times)
Validate and analyze the outcome and ensure a realistic level of figures.
Ensure that plans and forecasts are consolidated and reported in a timely manner and that deadlines are respected.
Support the development, implementation and attainment of an annual business plan, operating budget, and orders budget utilizing KONE business processes.
Other tasks:
Implementation, monitoring, and support of best business practices for billing and collection activities according to policies and procedures
Coordination, development and management of cash flow and credit/collections activity within the region
REQUIREMENTS
7+ years' experience in finance or relevant experience to the role.
3+ years of business controlling experience.
Bachelor’s degree in finance, business, or relevant field.
Effective communication skills.
Proficient in use of Excel and databases (converting analytics and constructing PPT presentations)
SAP and Hyperion, or similar application knowledge is an advantage.
About KONE
We have the courage to hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because we believe diversity drives innovation (https://www.kone.com/en/sustainability/diversity-equity-and-inclusion/) :
We value your authentic self
Diversity, equity and inclusion is embedded in our strategy and values
Collaborative, creative and supportive work environment
Passionate about safety, quality and innovation
We care about the communities where we live and work
Some of our many benefits include:
Competitive salary
Flexible work schedule
Opportunities to learn and grow
Matching 401K
Pension plan
Comprehensive health and wellness plans for the entire family
Paid holidays and paid time off
Come share your passion and energy to make a positive impact at KONE for our customers and your career (https://kone.wd3.myworkdayjobs.com/en-US/Careers) !
Beware of Recruitment Scams (https://www.kone.us/about-us/careers/)
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
IND123
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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 www.kone.com/careers
Did you know KONE moves over one billion people every day? In 2023, we had annual net sales of EUR 11.0 billion. We employ over 60,000 driven professionals in more than 60 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.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.