Specialist /Senior Specialist - Business Finance Partner

Business Finance Partner

The Finance Controller will partner closely with Aptiv's Engineering Directors, Program Managers, to drive financial control and visibility for R&D spend across multiple product lines (Active Safety, Signal & Power, Infotainment, ADAS, etc.). The role manages budgeting, forecasting, engineering headcount, NRE costs, prototype spend, bundle cost control, D&D NRE capitalization, and program-level financial governance.

Job Responsibilities and Duties:

• 1. Engineering Budgeting & Forecasting - Financial Planning & Analysis
  
  • Build annual engineering budgets (AOP), quarterly forecasts, and monthly outlooks.
  
  • Control & Analyze OPEX, headcount, capital spend; variances vs. plan & key cost drivers.
  
  • Provide detailed cost variance analysis, headcount tracking, and resource utilization insights.
  
  • Evaluate ROI and payback on capital and technology investments.
  
  • Prepare and present monthly business reviews and variance analysis to leadership.
  
  2. Program Finance & NRE
  
  • Own NRE financials for programs including: Hours tracking , Prototype BOM Test costs Tooling etc
  
  • Validate Engineering estimates used in F1/RFQ pricing.
  
  • Ensure all costs align with Aptiv program lifecycle gates.
  
  3. Capitalization & D&D Accounting
  
  • Assess which R&D costs qualify for capitalization under Aptiv R&D capitalization policy.
  
  • Monthly capitalization entries, amortization schedules, and impairment checks.
  
  4. Variance Analysis & Month-End Close
  
  • Prepare monthly engineering cost variance reports vs Budget/Forecast.
  
  • Accruals for engineering hours, lab expenses, prototypes, external vendors.
  
  • Work with Project Management (CC tracking) to ensure correct cost booking.
  
  5. Business Finance Partnering with Engineering
  
  • Work with Engineering Directors, PMO, Product Managers.
  
  • Provide financial insights on cost-to-complete, EAC, engineering change costs.
  
  • Challenge assumptions, ensure engineering discipline on cost control.
  
  6. Financial Modeling & Decision Support
  
  • Build models for new engineering programs ( ADAS, vehicle connectivity).
  
  • Support make-vs-buy, insource-vs-offshore, and contractor optimization.
  
  • Support bundle quote process with finance validations.
  
  • Monitor project cost allocations, ensuring compliance with internal policies and external audit requirements.

Key Competencies:

• • MBA Finance, CA,ICWA, CMA or Any PG in Finance
  
  • 9+ years of experience in Engineering Finance, R&D FP&A, Program Finance, Automotive/Tech/Manufacturing
  
  • Strong Excel, SAP, Hyperion/Anaplan
  
  • Experience with product development lifecycle (Concept → DV → PV → SOP)
  
  • Strong understanding of NRE, prototypes, toolings, SW/HW hours, D&D capitalization
  
  • Ability to partner with engineering and PMO cross-functional teams
  
  Technical Skills:
  
  - Advanced Excel & financial modeling
  
  - ERP and Forecasting tool experience
  
  - Experience with BI tools (Power BI / Tableau) would be added advantage.

WHY JOIN US?
• You can grow at Aptiv. Aptiv provides an inclusive work environment where all individuals can grow and develop, regardless of gender, ethnicity or beliefs.
• You can have an impact. Safety is a core Aptiv value; we want a safer world for us and our children, one with: Zero fatalities, Zero injuries, Zero accidents.
• You have support. We ensure you have the resources and support you need to take care of your family and your physical and mental health with a competitive health insurance package.

Your Benefits at Aptiv:

• Higher Education Opportunities (UDACITY, UDEMY, COURSERA are available for your continuous growth and development);
• Life and accident insurance;
• Sodexo cards for food and beverages
• Well Being Program that includes regular workshops and networking events;
• EAP Employee Assistance;
• Access to fitness clubs (T&C apply);
• Creche facility for working parents;

Apply today, and together let's change tomorrow!

Privacy Notice - Active Candidates: https://www.aptiv.com/privacy-notice-active-candidates

Aptiv is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual orientation, disability status, protected veteran status or any other characteristic protected by law.

#LI-PP2

Privacy Notice - Active Candidates: https://www.aptiv.com/privacy-notice-active-candidates

Aptiv is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual orientation, disability status, protected veteran status or any other characteristic protected by law.

Client-provided location(s): Bangalore, India

Job ID: Aptiv-J000687119

Employment Type: OTHER

Posted: 2025-11-28T20:15:08