Financial Planning & Analysis Analyst

Employer
ABB LTD
Location
Bangalore
Posted
May 13, 2024
Closes
Jun 03, 2024
Ref
4691005583
Role
Analyst
Level
Staff
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Financial Planning & Analysis Analyst

Take 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.

You will be working as Financial Planning & Analysis Analyst and will be part of Process Automation Business Area for Energy Industries Division based in Bangalore, India. In this role you will be reporting to Financial Planning & Analysis Manager and will be responsible in providing Financial Planning and analysis expertise to the organization by compiling and analyzing metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance.

Your responsibilities
  • Performing analysis of business performance versus Plan and forecast. Performing month end closing activities and MIS reports for the Division
  • Working with the other financial professionals in Divisions / Hubs / Countries / functions to understand and analyze the drivers of financial performance and identifying trends. Preparing and analyzing Product / Customer profitability
  • Supporting preparation of relevant functions for financial reporting, business planning & forecasting. Optimizing own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements
  • Identifying areas for process / report standardization across different countries, divisions, and business units. Supporting audits
  • Preparing allocation cycles and calculation of Labor hour rates and overhead absorption rates for different business scenarios. Performing cost / benefit analysis and analysis of inventories, NWC
  • Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions. Maintain proper audit trail and documentation for future tax / internal / external audits and reviews
  • Ensure processes and controls within own area of responsibility are implemented in line with Group and unit requirements. Ensure SOPs are prepared and updated regularly for all activities performed by the team

Your background
  • Bachelor or Master's degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred
  • 1 to 4 years of experience in FP&A
  • Strong analytical and problem-solving skills along with thorough / detail-oriented approach
  • Strong communication skills and fluent in English
  • Hands on experience in SAP FICO, Project controlling and excellent MS Excel skills is an advantage
  • Ability to work with diverse teams across different countries and self-motivated with a strong commitment to quality

More about us

ABB Energy Industries is enabling safe, smart and sustainable projects and operations for businesses across the oil, gas, chemicals, life sciences, power generation and water sectors. Driving integrated solutions that automate, digitalize and electrify industry we connect our people and technology to help our customers adapt and succeed. With over 50 years domain expertise, we continue to innovate and reshape traditional approaches across the energy sector with our technologies designed to improve operational efficiency, reduce risk, reduce energy consumption and waste. 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. 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 Work model: on site #LI-onsite

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