Job Description

Financial Planning & Analysis Specialist - PAMATake your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future. At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.This position reports toFP&A CoE Hub Business Area LeadYour role and responsibilitiesThe work model for the role is: #LI - Onsite, # LI- Hybrid This role is contributing to the ABB Services in Bangalore. You will be working as Financial Planning & Analysis Specialist - PAMA and will be part of Process Automation Business Area for Measurement & Analytics Division. In this role you will be handling in providing Financial Planning and Controlling expertise to the organization by compiling and inspecting metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance. Your role: Performing inspection of business performance versus budget and forecast; benchmarking of key performance indicators with external and internal peers. Working on financial examine for various what if scenarios and inspection and the overall impact to the Divisions Performing closing activities and MIS reports for the respective business / functions. Working with the other financial professionals in Divisions / Hubs / Countries / Functions to know and inspect the drivers of financial performance and identify trends Preparing and inspecting Product / Customer profitability; preparing allocation cycles and calculation of Labor hour rates and overhead absorption rate for different business scenarios. Assisting forex valuations, hedging, audits and Group on special projects Performing Capital investment evaluation using NPV / IRR techniques and performing cost / benefit inspection and examine inventories. Recommending changes of process standards and procedures to improve the timely performance of process activities Preparing and inspecting ad-hoc reports as per divisions / functions request. inspection of overhead under / over absorption indicating root cause. Ensuring processes and controls within own area of authority are designed and implemented in line with Group and unit requirements Assisting preparation of relevant organization financial reporting, business planning & forecasting. Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptionsQualifications for the role

• Bachelor or Masters degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred
• Minimum 5 year experience in Accounting and Finance with 2+ years of experience in FP&A is preferable
• Strong problem-solving skills along with thorough / detail oriented approach
• Strong communication skills and fluent in English
• Hands on experience in SAP FICO and COPA modules and basic knowledge of Sales & Distribution, Production
• planning, Projects, Material master modules in SAP is an advantage
• Experience with MS Office

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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