Financial Planning and Analysis Specialist
Job post no longer accepts applications
ABB
Financial Planning and Analysis Specialist
Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future. At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.
This position reports to
RA Business Area FP&A Services - Lead
Your role and responsibilities
The work model for the role is: #LI - Onsite, # LI- Hybrid This role is contributing to the ABB Services in Bangalore. You will be working as Financial Planning & Analysis Specialist and will be part of Robotics & Discrete Automation Business Area for BA Function Finance Division. In this role you will be handling and providing Financial Planning and Controlling expertise to the organization by compiling and inspecting metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance. Your role : Performing inspection of business performance versus budget and forecast; benchmarking of key performance indicators with external and internal peers. Working on financial examine for various "what if" scenarios and responsiveness inspect and the overall impact to the Divisions Performing closing activities and MIS reports for the respective business / functions. Working with the other financial professionals in Divisions / Hubs / Countries / Functions to know and inspect the drivers of financial performance and identify trends Preparing and inspecting Product / Customer profitability; preparing allocation cycles and calculation of Labor hour rates and overhead absorption rate for different business scenarios. helping forex valuations, hedging, audits and Group on special projects Performing Capital investment evaluation using NPV / IRR techniques and performing cost / benefit examination and inspection of inventories. Recommending changes of process standards and procedures to improve the timely performance of process activities Preparing and inspecting ad-hoc reports as per division's / function's request. Inspection of overhead under / over absorption indicating root cause. Ensuring processes and controls within own area of authority are designed and implemented in line with Group and unit requirements Assisting preparation of relevant organization financial reporting, business planning & forecasting. Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions Participating in business process /project reviews / functions review, assisting in target setting, & strategic planning & inspecting performance of portfolio for various segments and presenting financial dashboards for business review.
Qualifications for the role
More about us
ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards. We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory 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 criteria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make payments 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
Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future. At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.
This position reports to
RA Business Area FP&A Services - Lead
Your role and responsibilities
The work model for the role is: #LI - Onsite, # LI- Hybrid This role is contributing to the ABB Services in Bangalore. You will be working as Financial Planning & Analysis Specialist and will be part of Robotics & Discrete Automation Business Area for BA Function Finance Division. In this role you will be handling and providing Financial Planning and Controlling expertise to the organization by compiling and inspecting metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance. Your role : Performing inspection of business performance versus budget and forecast; benchmarking of key performance indicators with external and internal peers. Working on financial examine for various "what if" scenarios and responsiveness inspect and the overall impact to the Divisions Performing closing activities and MIS reports for the respective business / functions. Working with the other financial professionals in Divisions / Hubs / Countries / Functions to know and inspect the drivers of financial performance and identify trends Preparing and inspecting Product / Customer profitability; preparing allocation cycles and calculation of Labor hour rates and overhead absorption rate for different business scenarios. helping forex valuations, hedging, audits and Group on special projects Performing Capital investment evaluation using NPV / IRR techniques and performing cost / benefit examination and inspection of inventories. Recommending changes of process standards and procedures to improve the timely performance of process activities Preparing and inspecting ad-hoc reports as per division's / function's request. Inspection of overhead under / over absorption indicating root cause. Ensuring processes and controls within own area of authority are designed and implemented in line with Group and unit requirements Assisting preparation of relevant organization financial reporting, business planning & forecasting. Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions Participating in business process /project reviews / functions review, assisting in target setting, & strategic planning & inspecting performance of portfolio for various segments and presenting financial dashboards for business review.
Qualifications for the role
- Bachelor or Master's degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred
- Minimum 5 year experience in Accounting and Finance with 2+ years of experience in FP&A is preferable
- Strong problem-solving skills along with thorough / detail oriented approach
- Hands on experience in SAP FICO and COPA modules and basic knowledge of Sales & Distribution, Production
- planning, Projects, Material master modules in SAP is an advantage
- Experience with MS Office
- Ability to work with diverse teams across different countries
More about us
ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards. We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory 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 criteria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make payments 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 SpecialistABB
Bengaluru
a month ago
N/A
Full-time