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Cost Specialist

ABB

Cost Specialist

ABB

Shanghai, Shanghai, China

·

On-site

·

Full-time

·

1mo ago

Required Skills

Cost accounting

Financial analysis

Cost modeling

Communication

Problem-solving

About the Role

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we'll give you what you need to make it happen. It won't always be easy, growing takes grit. But at ABB, you'll never run alone. Run what runs the world.

This Position reports to: Finance Manager

At ABB, we help important industries outrun - leaner and cleaner. Every person here makes that happen. By rethinking, rewiring, and improving, we combine the world's best minds and technologies to elevate performance to a whole new level.

Responsibilities

  1. Develop and maintain accurate should-cost models for motors and generators
  2. Act as the key interface between R&D, product management, engineering, purchasing, manufacturing, to ensure cost/design optimization.
  3. Analyze product specifications, to identify cost drivers and their impact on cost models.
  4. Build and continuously improve cost models and tools that support decision-making and enable technical and commercial trade-offs.
  5. Collaborate with function managers to understand long-term cost trends and align product specifications and strategies accordingly. Provide expert advice on cost improvement, supporting business case development.

Qualifications

  1. Bachelor's degree in Finance and Accounting. Over five years of experience as a cost accountant or Finance controlling in the traditional manufacturing industry.
  2. Strong analytical skills with the ability to build and manage detailed cost models.
  3. Proactive mindset with a strong sense of ownership and personal drive.
  4. Comfortable working independently within a matrix and global organization.
  5. Excellent interpersonal and communication skills to collaborate across functions and cultures.
  6. Team-oriented with a collaborative approach to problem-solving and decision-making.
  7. Background on factory costing is highly preferred.

What's in it for you?

We empower you to take initiative, challenge ideas, and lead with confidence. You'll grow through meaningful work, continuous learning, and support that's tailored to your goals. Every idea you share and every action you take contributes to something bigger.

ABB offers a full range of benefits to help you thrive at work and beyond.

About Us

The High power Division offers a comprehensive product portfolio of large AC motors and generators. The Division's induction, synchronous and special design motors and synchronous generators power critical applications across industry, infrastructure and marine transportation. Combining the best available materials with superior technology, the large motors and generators are designed to operate efficiently and reliably, even for challenging processes or applications and to have low life cycle costs.

Why ABB

Working at ABB gives you the opportunity to contribute to a healthier and more prosperous world. Add to your story by joining a passionate team, focused on pushing the boundaries of technology to drive performance, shape new business models and find new ways of working that benefit our customers, partners and society. We want you to be proud of being part of ABB.

We care

At ABB, we care about our people and their stories. We create safe, fair, equitable and inclusive working environments in which our people can succeed and develop, regardless of gender, ethnicity, sexual orientation or cultural, religious or social background. Diverse teams make us stronger. ABB is also committed to a high standard of integrity in everything we do.

We grow

We help our people succeed and develop, and we empower them to create their own careers at ABB. Our benefits, reward and development programs encompass a wide array of offerings.

How to apply

Do you want to shape the future, together with us? Get more insights into our recruitment process and find some helpful tips and tricks how to join the team. Make our story your story.

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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

Reviews

3.5

3 reviews

Work Life Balance

3.0

Compensation

2.0

Culture

2.5

Career

3.5

Management

2.0

35%

Recommend to a Friend

Pros

Award ceremonies and achievement recognition

Professional experience opportunities

Relevant marketing and writing experience

Cons

Awards only recognize sales and leadership teams

Auxiliary departments excluded and understaffed

No cost of living raises provided

Salary Ranges

405 data points

Mid/L4

Senior/L5

Mid/L4 · Project Manager

102 reports

$117,433

total / 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