Financial Planning & Analysis AnalystAt 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 & 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 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:Business Analysis • Supports analysis of business performance versus budget and forecast and proposes improvement actions. Planning and preparation of Budgets and 5Q Rolling Forecast.• Knowledge of Accounting, allocation, and reporting of functional costs.• Works with the management team to understand and analyze the drivers of financial performance and identify trends. Prepares financial modelling for various “what if” scenarios and the overall impact to organization.Financial Reporting • Supports preparation of relevant organization financial reporting, business planning, budgeting and forecasting.• Validates accuracy of financial data and business information and reports by performing reconciliations and review of exceptions. Periodic analysis of financial statements and KPI's such as Cash flow, Balance sheet, Income statement.• Process knowledge of back charging, third party accounting, issuing invoices and tracking payment.Information and communication• Provides information to management by assembling and summarizing data, preparing reports, making presentations of findings, analyses, and recommendations. Optimization

Qualifications for the role

\tBachelor’s or master’s degree in a Finance or Accounting, CMA/CA/ MBA Finance preferred\tUp to 2 year experience in Financial Planning and Analysis\tStrong analytical and problem-solving skills.\tHands on experience in SAP modules preferred.\tExperience with MS Office\tAbility to work with diverse teams across different countries.\tFluent in English and strong communication skills

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. #MyABBStoryIt 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