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ABB
ABB

Global technology leader in electrification and automation

Fixed Assets Analyst at ABB

RoleFinance
LevelMid Level
LocationBangalore, Karnataka, India
WorkOn-site
TypeFull-time
Posted1 day ago
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About the role

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.

This Position reports to:

  • Accounting & Reporting Manager
  • General Accounting

Your role and responsibilities (Mandatory)

In this role, You will be working Senior Analyst-Cost Accounting and will be reporting to Team Lead – Cost Accounting and will be a part of Bangalore, India. In this role you will be focused on the complete, accurate, and timely completion of Fixed Assets Accounting & Reporting and related activities within the General Accounting (GA) team. Ensure compliance with internal guidelines and procedures as well as external regulatory requirement

The work model for the role is: Onsite

This role is contributing to the Finance BA Function

You will be mainly accountable for:

  • Performing general accounting activities and recording financial transactions.
  • Conducting investigations and reconciliations of accounts as necessary for any discrepancies.
  • Executing accounting analyses and reports in support of finance and business leaders.
  • Producing reports, statement of accounts, reconciliations, statements of sourcing
  • Month end book closing activities
  • Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business.
  • Basic Knowledge of Result Analysis on Sales & Distribution, CRM Orders, Projects, Material master modules in SAP.
  • Basic Knowledge on Over Head rates calculation and Inventory accounting process.
  • Develop, monitor, and manage secondary cost elements in cost accounting systems.
  • Ensure accurate assignment and allocation of costs to appropriate cost elements.
  • Cost Reporting and Analysis: Generate and analyze regular and ad-hoc cost reports, highlighting trends, variances, and opportunities for cost optimization.
  • Cost Management Reorganization: Lead the reorganization of cost elements, cost centers, and cost structures to align with new business models or organizational changes.

Qualifications for the role (Mandatory)

  • A Bachelor’s / Master degree in Accounting, Finance or Commerce
  • For experienced Analysts; we are looking forward to 0 to 1 years’ experience on SAP
  • Outstanding attention to detail, accuracy, and ability to multitask.
  • Strong written and verbal communication skills.
  • Secondary Cost Element Management
  • Ability to work with diverse teams across different countries.
  • Problem solving skills

More about us (Mandatory)

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 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.

Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences.

Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe.

Recruitment Fraud Warning:

ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process.

View current job openings and apply at: https://careers.abb/global/en/home

For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning

Required skills

Fixed assets accounting

General accounting

Reconciliations

Month-end close

Financial reporting

SAP

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About ABB

ABB

ABB

Public

ABB is a multinational technology corporation that provides electrification, robotics, automation, and motion solutions for industrial and infrastructure applications.

10,001+

Employees

Zurich

Headquarters

$28.5B

Valuation

Reviews

10 reviews

3.4

10 reviews

Work-life balance

2.8

Compensation

4.0

Culture

4.2

Career

3.0

Management

2.5

65%

Recommend to a friend

Pros

Great team culture and supportive colleagues

Excellent benefits and competitive compensation

Professional development and training opportunities

Cons

Heavy workload and overwhelming demands

Frequent overtime and high-pressure environment

Poor management direction and leadership communication

Salary Ranges

405 data points

Mid/L4

Senior/L5

Mid/L4 · Project Manager

102 reports

$117,433

total per year

Base

$109,179

Stock

-

Bonus

$8,254

$79,130

$175,443

Interview experience

5 interviews

Difficulty

3.8

/ 5

Duration

14-28 weeks

Offer rate

20%

Experience

Positive 0%

Neutral 60%

Negative 40%

Interview process

1

Application Review

2

Phone Screen

3

Technical Interview

4

System Design/Panel Interview

5

Onsite/Final Round

6

Offer Decision

Common questions

Technical Knowledge

System Design

Behavioral/STAR

Past Experience

Problem Solving