Financial Planning and Analysis Analyst
ABB
Financial Planning and Analysis Analyst
At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.
This position reports to
Financial Planning and Analysis Manager
Your role and responsibilities
In this role, you will have the opportunity to collect, analyze, and interpret financial data. Each day, you will update budgets and forecasting models and identify trends and problems. You will also showcase your expertise by communicating insights and collaborating with cross-functional teams to drive finan-cial performance and optimize business outcomes. The work model for the role is: #LI- Hybrid, #LI- Onsite This role is contributing to the ABB Services in Bangalore, India. You will be mainly accountable for: • Performing analysis of business performance versus Plan and forecast, including analysis of overhead under/over absorption, cost center analysis, margin analysis and inventories / NWC analysis. • Performing month end closing activities and MIS reports for respective Division, supported with audit trail and documentation for tax / internal / external audits and reviews. • Validating accuracy of financial data and business information and reports by performing rec-onciliation and review of exceptions. • Preparing ad-hoc reports as per business / function's request which includes requests from Di-visions / Hubs / Countries / functions to understand and analyze the drivers of financial per-formance • Supporting preparation of relevant organization financial reporting, business planning & fore-casting. • Optimize own performance to increase productivity by developing automated solutions, elimi-nating duplications, coordinating information requirements. • Identify areas for process / report standardization within local Division, and maintain SOPs for all activities performed. • Ensure processes and controls within own area of responsibility are implemented in line with Group and Division requirements.
Qualifications for the role
More about us
Electrification provides leading electrical distribution and management technologies, solutions and services to electrify the world in a safe, smart and sustainable way. The portfolio includes medium- and low-voltage electrical components, switchgear, digital devices, enclosures, and circuit breakers, among others. With our products, solutions and services, we collaborate with customers to improve power delivery and security, enhance energy management, efficiency and operational reliability, as we seek to achieve a low carbon society. go.abb/electrification. It has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the crite-ria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make pay-ments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning
At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.
This position reports to
Financial Planning and Analysis Manager
Your role and responsibilities
In this role, you will have the opportunity to collect, analyze, and interpret financial data. Each day, you will update budgets and forecasting models and identify trends and problems. You will also showcase your expertise by communicating insights and collaborating with cross-functional teams to drive finan-cial performance and optimize business outcomes. The work model for the role is: #LI- Hybrid, #LI- Onsite This role is contributing to the ABB Services in Bangalore, India. You will be mainly accountable for: • Performing analysis of business performance versus Plan and forecast, including analysis of overhead under/over absorption, cost center analysis, margin analysis and inventories / NWC analysis. • Performing month end closing activities and MIS reports for respective Division, supported with audit trail and documentation for tax / internal / external audits and reviews. • Validating accuracy of financial data and business information and reports by performing rec-onciliation and review of exceptions. • Preparing ad-hoc reports as per business / function's request which includes requests from Di-visions / Hubs / Countries / functions to understand and analyze the drivers of financial per-formance • Supporting preparation of relevant organization financial reporting, business planning & fore-casting. • Optimize own performance to increase productivity by developing automated solutions, elimi-nating duplications, coordinating information requirements. • Identify areas for process / report standardization within local Division, and maintain SOPs for all activities performed. • Ensure processes and controls within own area of responsibility are implemented in line with Group and Division requirements.
Qualifications for the role
- Bachelor or Master's degree in a Finance and/or Accounting. CMA/CA preferred
- 1-3 year experience in Financial Planning and Analysis
- Strong analytical and problem solving skills, Thorough / detail oriented approach.
- Strong communication skills.
- Hands on experience in Power BI is a MUST
- Experience with MS Office
- Ability to work with diverse teams across different countries
- Good knowledge of Power BI & Power Query will add value
More about us
Electrification provides leading electrical distribution and management technologies, solutions and services to electrify the world in a safe, smart and sustainable way. The portfolio includes medium- and low-voltage electrical components, switchgear, digital devices, enclosures, and circuit breakers, among others. With our products, solutions and services, we collaborate with customers to improve power delivery and security, enhance energy management, efficiency and operational reliability, as we seek to achieve a low carbon society. go.abb/electrification. It has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the crite-ria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make pay-ments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning
JOB SUMMARY
Financial Planning and Analysis Analyst
ABB
Bengaluru
11 days ago
N/A
Full-time
Financial Planning and Analysis Analyst