Financial Planning and 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

FP&A CoE Hub Business Area Lead

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:•\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.•\tAnalysis of overhead under / over absorption indicating root cause. Performing cost / benefit analysis and analysis of inventories, NWC •\tPreparing ad-hoc reports as per business / function’s request. Supporting 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.•\tIdentify areas for process / report standardization across different countries, divisions and business units. Ensure 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

\tEducation: CMA/CA/ Qualified with more than 2 years relevant experience.\t2-4 year experience in Financial Planning and Analysis\tStrong analytical and problem solving skills. \tThorough / detail oriented approach.\tStrong communication skills. Fluent in English.\tHands on experience in SAP FICO modules preferred\tExperience with MS Office

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 standardsWe 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