Procurement and Logistics Finance Controller
SKF India LtdJob Description
Procurement & Logistics Controller
SKF has been around for more than a century and today we are one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. Our products can be found literally everywhere in society. This means that we are an important part of the everyday lives of people and companies around the world.
In September of 2024, SKF announced the separation of its Automotive business, with the objective to build two world-leading businesses. The role you are applying for will be part of the automotive business. This means you will have the opportunity to be a part of shaping a new company aimed at meeting the needs of the transforming global automotive market.
Would you like to join us in shaping the future of motion? We are now looking for a
Procurement & Logistics – Controller- Automotive Business
We are in the process of identifying a suitable candidate for the role of Procurement & Logistics – Controller. This role will be based in Pune and will report to the Business Controller, Global Automotive IT and R&D.
A Logistics and Procurement Finance Controller manages the financial aspects of logistics and procurement operations, ensuring cost efficiency, compliance, and accurate reporting within the supply chain. This role combines financial oversight with operational coordination, often bridging procurement, logistics teams, and finance leadership.
Key responsibilities (or What you can expect in the role)
- Oversee budgeting, forecasting, and financial planning for procurement and logistics activities, including vendor payments, accruals, and cost variances.
- Monitor and control P&L for logistics costs like freight, duties, tariffs, and inventory holding; perform variance analysis and drive cost-saving initiatives.
- Manage accounts payable processes, invoice verification (PO/GRN matching), cash flow forecasting, and bank reconciliations specific to supply chain vendors.
- Ensure compliance with financial regulations, audit readiness for procurement files, and accurate tracking of rebates, intercompany recharges, and FX exposures.
- Partner with procurement and logistics teams to analyze KPIs (e.g., cost per shipment, savings from negotiations) and support strategic decisions.
Requirements (or We expect you to have/be)
- CA/CWA/MBA Finance/CA-Inter with ~5 years of relevant experience
Category
Essential Skills
Financial
P&L management, forecasting, accruals, variance analysis
Operational
Vendor management, supply chain KPIs, compliance auditing
Technical
ERP systems, Excel/Power BI, cash flow modelling
Soft Skills
Cross-functional collaboration, analytical problem-solving
We offer
- Open to many opportunities and exposure to the markets.
- Get to interact with a range of people and global exposure.
- Get to work in a fair and challenging environment.
- Get in-dept knowledge of the process and systems of purchasing.
- Technically as well as software learning.
SKF is committed to creating a diverse environment, and we firmly believe that a diverse workforce is essential for our continued success. Therefore, we only focus on your experience, skills, and potential. Come as you are – just be yourself. #weareSKF
Some additional information
This position will be in Pune.
If you have any questions about the position or regarding the recruitment process, please contact Supriya Joshi on email Supriya.joshi@skf.com.
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At SKF, we are committed to promoting fairness and inclusivity throughout our recruitment process. To achieve this, we may include assessments and verify the information in your application in compliance with country-specific laws and regulations. If you have any questions or concerns, please feel free to contact the recruiter.
Experience Level
Mid LevelJob role
Job requirements
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