Financial Planning & Analysis Specialist Job in Careers.abb

Financial Planning & 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 is a Financial Planning & Analysis - Specialist role, reporting to Financial Plan-ning & Analysis €“ Team Lead and will be based in Bangalore. In this role, you will be providing Financial Planning and Controlling expertise to the organization by compiling and analyzing metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance.

Your responsibilities

• Performing analysis of business performance versus budget and forecast, performing benchmarking of key performance indicators with external and internal peers.
• Working with the other financial professionals in Divisions / Regions / Countries and functions to understand and analyze the drivers of financial performance and identify trends.
• Preparing financial analysis for various €œwhat if€ scenarios and sensitivity analysis and the overall impact to the business units. Analysis of overhead under / over absorption indicating root cause.
• Preparing and analysing Product / Customer profitability. Calculation of Labour hour rates and overhead absorption rate for different business scenarios.
• Performing cost / benefit analysis, NVP / IRR analysis and payback period for capex initiatives. Analysis of inventories and NWC, preparing ad-hoc reports as per Business units€™ request.
• Supporting preparation of relevant organization financial reporting, business planning, budgeting and forecasting. Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions.
• Optimizing own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
• Ensuring processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.

Your background

• Bachelor degree in Accounting with CMA/ CA / MBA.
• At least 5 year of experience in Accounting and Finance with 2+ years of experience in FP&A is preferable.
• Strong analytical and problem solving skills, thorough / detail oriented approach and strong communication skills.
• Hands on experience in SAP FICO and COPA modules, basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP.
• Experience with MS Office.
• Ability to work with diverse teams across different countries, self-motivated with a strong commitment to quality.
• Fluent in English.

More about us

Global Business Services (GBS) is ABB€™s shared services organization which delivers operational and expert services in Finance, Human Resources, Information Systems, Legal, Global Travel Services and external Customer Contact Centers. With employees based in five main hubs and front offices, GBS provides mainly Business services to ABB teams across the globe as well as supports with external customer inquiries. We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com. 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