Job Description

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 toFinancial Planning & Analysis SpecialistYour role and responsibilitiesIn 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- Hybrid This role is contributing to the ABB Services in Bangalore. You will be mainly accountable for: \xe2\x80\xa2 Performing analysis of business performance versus Plan and forecast. Performing month end 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. \xe2\x80\xa2 Analysis of overhead under / over absorption indicating root cause. Performing cost / benefit analysis and analysis of inventories, NWC, preparing ad-hoc reports as per business / function\xe2\x80\x99s request, supporting preparation of relevant organization financial reporting, business planning & forecasting, Supporting audits. \xe2\x80\xa2 Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions. Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. Identify areas for process / report standardization across different countries, divisions and business units. \xe2\x80\xa2 Ensure processes and controls within own area of responsibility are implemented in line with Group and unit requirements. Maintain proper audit trail and documentation for future tax / internal / external audits and reviews. Maintain SOPs for all activities performed.Qualifications for the role

• Bachelor or Master\xe2\x80\x99s degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred
• 2- 4 year experience in Financial Planning and Analysis
• Strong analytical and problem-solving skills. Thorough / detail-oriented approach. Strong communication skills.
• Fluent in English. Hands on experience in SAP FICO modules preferred, Experience with MS Office
• Ability to work with diverse teams across different countries. Self-motivated with a strong commitment to quality

More about usABB 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. #MyABBStory It 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

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