Financial Planning & Analysis Analyst - PAMA

Employer
Confidential
Location
Bangalore
Posted
Jul 12, 2024
Closes
Aug 09, 2024
Ref
4776438834
Role
Analyst
Level
Staff
Certification
CMA: Preferred
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Financial Planning & Analysis Analyst - PAMA

At 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 is a position with global grade
14
This position reports to
FP&A CoE Hub Business Area Lead
Your role and responsibilities
In 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
. 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.
. 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's request.
. Supporting preparation of relevant organization financial reporting, business planning & forecasting.
. Supporting audits.
. 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.
. 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

  • 4-7 year experience in Financial Planning and Analysis.
  • Bachelor or Master's degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred
  • Hands on experience in SAP FICO modules preferred
  • Strong analytical and problem solving skills.
  • Thorough / detail oriented approach.
  • Strong communication skills.
More about us
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

Skills: Financial Planning, Sap Fico, Analysis, Problem Solving, Communication

Experience: 4.00-7.00 Years