Divya Subhas
Stockholm
Summary
Highly motivated finance professional with 15+ years of diversified experience across Asia and Europe in IT and manufacturing industry. Possessing strong controlling and reporting skills with a proven ability to provide key financial data to steer business decisions. Expert in leading cross department teams to achieve financial objectives.
Overview
18
18
years of professional experience
Work History
Head of Finance & Business Control - IT
Scania
Stockholm
09.2026 - Current
- Lead Business Controllers across IT domains in Europe, Brazil & China, aligning planning assumptions, reporting standards, forecasts and performance narratives.
- Provide executive decision support to the CIO, GROUP CFO and senior IT leadership.
- Drive the transition from traditional cost-centre reporting to a transparent, portfolio-based IT financial model linked to business value and service consumption.
- Lead cost optimisation and efficiency initiatives across personnel, managed services, software, cloud and infrastructure.
- Drive the IT cost-reduction agenda, including a 10% OPEX reduction target and longer-term efficiency improvements through 2028.
- Improve reporting and finance processes through standardised templates, automation, digital tools and AI-enabled use cases.
- Partner with IT and business leaders on investment, capacity, transformation, efficiency and resource-allocation decisions.
- Lead the practical adoption of AI to reduce manual finance work, improve closing activities & analysis and create capacity for business partnering and continuous improvement.
Head of Finance & Governance | IT
Scania
Stockholm
03.2025 - 08.2026
- Led Finance and Governance department of 25+ employees for Scania IT during a period of significant operating-model and financial transformation.
- Led IT controlling, financial planning, forecasting, performance management, investment analysis and financial governance.
- Established the foundation for a new IT financial model focused on portfolio transparency, decision drivers and business value.
- Developed Smart IT Steering to strengthen prioritisation of IT investments, cost ownership, business alignment and governance of Business IT and Common IT.
- Improved transparency around IT allocations, intercompany charging, CAPEX, OPEX, software costs and shadow IT.
- Led IT Governance across controlling, risk, compliance, vendor management, business continuity and Software Asset Management.
- Introduced stronger automation and digital ways of working in reporting, closing, invoicing, forecasting and finance administration.
Finance Director : M&A & Strategic Projects
Assa Abloy Global Solutions AB
Stockholm
04.2022 - Current
- Responsible for strategic projects within Hospitality BA. Continuously collaborating in a matrix organization across hospitality business units, finance shared service, IT & controlling organization to implement key strategic initiatives.
- Identified and evaluated acquisition opportunities with business owners that align with overall strategy & growth plan of the organization.
- Responsible for the M&A life cycle from LOI, due diligence, closing, carve-outs/separations and post-merger integration. Completed 5 acquisitions (asset & share deal) including post financial integration.
- Developed and executed global pricing strategies that align with the company's business objectives and market demands. Collaborated with IT and created pricing reports to track price organic growth of Hospitality products and services enabling sales managers to make data driven decision on price, mix & volume change.
Finance Director & Head of Business Controlling
Assa Abloy Global Solutions AB
Stockholm
04.2019 - 03.2022
- Managed controlling for Hospitality BA with revenue of over 300 MEUR. Drove the annual business planning and target setting for the BA. Created 5-year plan along with external consulting company.
- Owned and delivered high quality budget, forecast and monthly reporting for the BA. Prepared and presented monthly review, quarterly board review to executive management team.
- Led a team of controllers and directed cross functional teams to deliver financial KPIs. Identified improvement of the business through market & customer analysis as well as profitability & growth analysis.
- Actively supported the business through pricing discussions, sales targets & avoiding revenue leakage. Coordinated assessments of sales by channel, product mix and gross margin analysis to improve business processes.
Regional Financial Controller
Pirelli Tyre Nordic AB
Stockholm
01.2018 - 03.2019
- Responsible for Nordics monthly, quarterly, and year-end closing and overall financial performance of the region.
- Responsible for FP&A for Nordics, helping the business in their value creation and provide data insights to support decision making.
- Worked very closely with logistics team to drive operational efficiency in distribution costs.
- Evaluated commercial variances in relation to the planned targets and forecasts and drove corrective actions in the critical areas. Supported the commercial pricing team with bonus and rebate package analysis.
Business Controller
SAP
Paris & Stockholm
03.2013 - 12.2017
- Responsible for Global Digital Marketing division, partnering with SVP of division. Managed and controlled the P&L for the global marketing unit (100 MEUR) that is spread across US, Europe and Asia.
- Managed the annual planning and forecasting process. Worked closely with business leads and regional teams to define, align and manage marketing KPIs & investments.
- Analyzed monthly, quarterly, and annual financial reports to identify trends and advise on potential improvements. Ensured alignment of the financials by partnering with finance shared service to ensure complete transparency with the budget owners.
IT & Business Consultant
Logica
Chennai
08.2008 - 08.2011
- As IT consultant designed & developed the end-to-end client server application using J2EE, JSF, Spring, Hibernate, MQSeries used for Number Portability by the Dutch telecom operators
- Moved to Ops & Delivery division as part of Job rotation program and supported the Finance team where I managed the Operations budget management, cost control, performed forecast preparation, budget planning
Education
Master of Science - International Business Management
Grenoble Ecole de Management
Grenoble01-2013
Bachelor of Technology - Computer Science Engineering
VIT University
Vellore01-2008
Skills
- Financial Budgeting & Forecasting
- Business review processes & KPI measurement
- Mergers & Acquisitions
- Pricing control and reporting
- Financial Control, Cost Control & Strategic Planning
- Month-end close & Variance analysis
Accomplishments
- Planned & executed a new IT financial model for Scania IT to steer IT investments in an effective way by enabling financial transparency to our business areas
- Completed 5 acquisitions in US, Canada, Spain & Germany for Hospitality including successful post integration.
- Developed pricing reporting tool to create visibility for the management team to understand the net price impact on the profitability and price impact grew by 5% YOY
- Defining recurring revenue KPIs for the BA along with product management and implementing reports that provides transparency into growth of recurring revenue YOY.
- Led the project along with operations team in consolidating multiple warehouses in Europe by creating European distribution center & bringing down the operational cost by 2 MEUR the BA
- Improved cash flow by renegotiating payment terms with suppliers by increasing DPO
- Successfully implemented process improvements in logistics forecasting and controlling. Strategically restructured financial reporting processes, implemented DSO reporting cycle for better understanding of financial payments and commercial decisions at Pirelli.
Languages
- English - Native
- Swedish - Intermediate
Software
- Open AI , Microsoft Copilot
- ERP : SAP, Oracle, Microsoft AX
- BI : Power BI, Analyser
- Micorsoft Excel & Powerpoint
Timeline
Head of Finance & Business Control - IT
Scania
09.2026 - Current
Head of Finance & Governance | IT
Scania
03.2025 - 08.2026
Finance Director : M&A & Strategic Projects
Assa Abloy Global Solutions AB
04.2022 - Current
Finance Director & Head of Business Controlling
Assa Abloy Global Solutions AB
04.2019 - 03.2022
Regional Financial Controller
Pirelli Tyre Nordic AB
01.2018 - 03.2019
Business Controller
SAP
03.2013 - 12.2017
IT & Business Consultant
Logica
08.2008 - 08.2011
Bachelor of Technology - Computer Science Engineering
VIT University
Master of Science - International Business Management
Grenoble Ecole de Management