Finance Transformation Manager

About SKF

SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.

SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.

About the organization: www.skf.com/in

SKF Purpose Statement

Together, we re-imagine rotation for a better tomorrow.

By creating intelligent and clean solutions for people and the planet

Role Title:          Finance Transformation Manager

Reports to:        Head – Finance Operations

Role Type:          Team Handling

Job Location:     Pune

Purpose of the role:

The Manager – Regional Support is responsible for leading the Finance Support organization across all countries within the region, ensuring effective support for service delivery in line with agreed service levels, governance requirements, and business objectives.

The role acts as a key enabler of operational excellence, standardization, business continuity, capability development, finance transformation, and continuous improvement across the regional finance organization. The incumbent will drive process harmonization, workforce readiness, reporting and analytics excellence, digital adoption, and sustainable operating practices while supporting regional and global strategic priorities.

Key Responsibilities

Regional Finance Support Leadership

• Lead the regional Finance Support organization towards the target operating model and future-state vision.
• Ensure delivery of support services in accordance with established service agreements, governance requirements, and performance expectations.
• Drive operational excellence, service quality, process compliance, and continuous improvement across the region.
• Develop organizational capabilities and competency frameworks for support functions.
• Coordinate and govern the implementation of standardized finance processes, templates, and best practices across all countries within the region.
• Ensure fulfilment of applicable regulatory, statutory, internal control, and company compliance requirements.

Process Excellence, Training, BCP & Sustainability

• Lead the development, review, standardization, and governance of Standard Operating Procedures (SOPs), process documentation, and operating manuals.
• Design and implement role-based operational, finance, and cross-functional training programs to strengthen organizational capability and workforce readiness.
• Establish and govern knowledge management practices to reduce single-point dependencies and improve operational resilience.
• Own Business Continuity Planning (BCP) processes, including development, testing, maintenance, and continuous enhancement of recovery plans.
• Lead succession planning, cross-training programs, and critical skills development initiatives.
• Support sustainability objectives by coordinating initiatives, tracking progress, and embedding sustainable business practices into day-to-day operations.
• Drive employee engagement, knowledge-sharing, collaboration, and capability-building initiatives across the regional support organization.
• Ensure operating practices align with governance standards, internal controls, risk management requirements, and business objectives.

Reporting, Analytics, Automation & Finance Transformation

• Lead regional performance reporting, business analytics, and management information processes to support data-driven decision-making.
• Support performance management initiatives across the region.
• Develop and continuously enhance KPI dashboards, management reporting packs, and executive performance reviews.
• Generate actionable insights related to business performance, costs, productivity, operational risks, and improvement opportunities.
• Drive automation, digitization, and simplification of finance support and reporting processes using available technologies and AI-enabled tools.
• Partner with Finance, Business, and Technology teams to identify and implement process improvement and transformation opportunities.
• Lead finance transformation programs, including process standardization, ERP enablement, SAP implementation support, governance enhancement, and benefits realization.
• Monitor transformation initiatives through defined metrics, milestones, and value realization measures.
• Support leadership with business cases, executive presentations, financial analysis, and strategic recommendations.

Stakeholder & People Management

• Build strong partnerships with regional finance leaders, shared services teams, business stakeholders, and external partners.
• Act as a trusted advisor to leadership on process governance, operational risks, transformation priorities, and capability development.
• Lead, coach, mentor, and develop high-performing teams across multiple locations.
• Foster a culture of accountability, collaboration, continuous learning, innovation, and performance excellence.
• Drive change management initiatives and ensure successful adoption of new processes, systems, and ways of working.

Qualifications & Experience

Education

• Bachelor’s degree in finance, Accounting, Business Administration, Economics, Engineering, Operations Management, or a related discipline.
• MBA, CA, CPA, CMA, ACCA, Lean Six Sigma, PMP, or equivalent professional qualification is preferred.

Experience

• Typically 12–15 years of progressive experience in Finance Operations, Shared Services, Global Business Services (GBS), FP&A, Process Excellence, Finance Transformation, or Regional Finance Leadership roles.
• Proven experience leading regional or multi-country finance support organizations.
• Strong background in process standardization, governance, operational excellence, and continuous improvement.
• Experience in training and capability development programs, business continuity planning, and knowledge management.
• Demonstrated success in leading ERP, SAP, automation, digital transformation, or finance modernization initiatives.
• Experience managing cross-functional stakeholders and large-scale organizational change programs.
• Strong understanding of finance processes, controls, compliance requirements, and reporting frameworks.

Key Skills & Competencies

Leadership & Management

• Strategic Leadership
• People Management and Coaching
• Stakeholder Management
• Change Management
• Cross-functional Collaboration

Functional Expertise

• Finance Operations Management
• Process Excellence and Standardization
• Shared Services / GBS Operations
• Reporting and Business Analytics
• Project and Program Management
• Business Continuity Planning
• Governance and Compliance Management

Technical & Analytical Skills

• ERP/SAP Systems Knowledge
• Power BI, Analytics and Dashboarding
• Automation and Digital Solutions
• Data Analysis and Performance Reporting
• Advanced Excel and Financial Modelling
• AI-enabled Productivity Tools

Behavioral Competencies

• Results Orientation
• Structured Problem Solving
• Customer and Service Mindset
• Continuous Improvement Mindset
• Effective Communication
• Innovation and Learning Agility
• Execution Excellence

Success Measures

Success in this role will be evaluated through:

Service Delivery & Operations

• Achievement of service level agreements (SLAs) and operational KPIs.
• Regional process standardization and governance compliance.
• Quality, efficiency, and productivity improvements.

Process Excellence & Capability Building

• SOP completion and review compliance.
• Training effectiveness and workforce readiness.
• Cross-training coverage and reduction of single-point dependencies.
• Business continuity readiness and successful testing outcomes.

Finance Performance & Transformation

• Reporting accuracy and cycle-time improvements.
• Forecast quality and planning effectiveness.
• Adoption and effectiveness of analytics dashboards.
• Automation benefits and process efficiency gains.
• Successful delivery of finance transformation initiatives and value realization targets.

People & Sustainability

• Employee engagement and retention metrics.
• Leadership effectiveness and succession readiness.
• Delivery of sustainability objectives and embedded best practices.
• Stakeholder satisfaction and business partner feedback.

Interested candidate/s can share their resume to hema.chaudhary@skf.com