This position reports to
RA Business Area FP&A Services - Lead
Your role and responsibilitiesIn 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 financial performance and optimize business outcomes.The work model for the role is: #LI- Onsite, #LI- HybridThis role is contributing to the ABB Services in Bangalore. You will be mainly accountable for:•\tPerforming analysis of business performance versus Plan and forecast. Performing month end closing activities and MIS reports for the respective business / functions.•\tWorking with the other financial professionals in Divisions / Hubs / Countries / functions to understand and analyze the drivers of financial performance. Analysis of overhead under / over absorption indicating root cause.•\tPerforming cost / benefit analysis and analysis of inventories, NWC. Preparing ad-hoc reports as per business / function’s request. •\tSupporting preparation of relevant organization financial reporting, business planning & forecasting. Supporting audits.•\tValidating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions.•\tOptimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. Identify areas for process / report standardization across different countries, divisions and business units.•\tEnsure processes and controls within own area of responsibility are implemented in line with Group and unit requirements.•\tMaintain proper audit trail and documentation for future tax / internal / external audits and reviews. Maintain SOPs for all activities performed.
Qualifications for the role\tBachelor or Master’s degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred.\tUp to 2 year experience in Financial Planning and Analysis\tStrong analytical and problem solving skills. Thorough / detail oriented approach.\tStrong communication skills. Fluent in English.\tHands on experience in SAP FICO modules preferred\tExperience with MS Office\tAbility to work with diverse teams across different countries. Self-motivated with a strong commitment to quality
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