Job Description: Financial Planning & Analysis

About ABB

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.

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.

Position Overview

This Position reports to: FP&A Co

E Hub Business Area Lead:

Roles and Responsibilities

• Performing analysis of business performance versus budget and forecast. Performing bench-marking of key performance indicators with external and internal peers.
• Performing closing activities and MIS reports for the respective business / functions. Working with the other financial professionals in Divisions / Hubs / Countries / Functions to understand and analyze the drivers of financial performance and identify trends.
• Preparing and analyzing Product / Customer profitability. Financial analysis for various "what if" scenarios and sensitivity analysis and the overall impact to the Divisions.
• Perform Capital investment evaluation using NPV / IRR techniques. Preparing allocation cycles and calculation of Labour hour rates and overhead absorption rate for different business scenarios. Performing cost / benefit analysis and analysis of inventories, NWC. Preparing and analyzing ad-hoc reports as per division's / function's request.
• Analysis of overhead under / over absorption indicating root cause. Supporting preparation of relevant organization financial reporting, business planning & forecasting. Supporting forex valuations, hedging, audits & Group on special projects.
• Validating accuracy of financial data and business information and reports by performing reconciliation and review of exception. Active participation in business process /project reviews / functions review, assisting in target setting, & strategic planning & analyzing performance of portfolio for various segments and presenting financial dashboards for business review. Ensuring processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.
• Providing training to FP&A Analysts and onboarding of new employees. Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. Recommend changes of process standards and procedures to improve the timely performance of process activities
• Identify areas for process / report standardization across different countries, divisions and business units. Ensure processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements. Maintain proper audit trail and documentation for future tax / internal / external audits and reviews.

Qualifications

• Total 3-5 Year of experience in financial planning and analysis in Manufacturing industry (Mandate)
• Strong analytical and problem-solving skills. Thorough / detail-oriented approach.
• Strong communication skills. Fluent in English.
• Hands on experience in SAP FICO, S/4HANA and COPA modules
• Basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP
• Experience with MS Office
• Ability to work with diverse teams across different countries. Self-motivated with a strong commitment to quality

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.

We value people from different backgrounds. Apply today or visit www.abb.com to read more about us and learn about the impact of our solutions across the globe.

For current open positions you can visit our career website https://global.abb/group/en/careers and apply.

Fraud Warning

Any genuine offer from ABB will always be preceded by a formal application and interview process. We never ask for money from job applicants. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning.