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 to

Financial Planning & Analysis Manager

Your role and responsibilities

n 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- HybridThis role is contributing to the ABB Services in Bangalore. You will be mainly accountable for:•\tPerforming closing activities, MIS reports, analyzing & validating accuracy of financial data of actuals, budget and forecast for the respective business / functions.•\tWorking with the other financial professionals in Divisions / Hubs / Countries / Functions to understand and analyze the drivers of financial performance and identify trends.•\tPreparing allocation cycles and calculation of Labour hour rates and overhead absorption rate for different business scenarios.•\tSupporting preparation of relevant organization financial reporting, business planning & forecasting, forex valuations, hedging, audits & Group on special projects.•\tProviding training to FP&A Analysts and onboarding of new employees.•\tOptimize and recommend changes of process standards and procedures to improve the timely performance and standardization of process activities.•\tEnsure processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.•\tMaintain updated SOPs, proper audit trail and documentation for future tax / internal / external audits and reviews

Qualifications for the role

At least 5 year experience in Accounting and Finance with 2+ years of experience in FP&A is preferable. Bachelor or Master’s degree in a Finance and/or Accounting. CMA/CA/ MBA Finance preferred\tStrong analytical and problem-solving skills, detail-oriented approach.\tStrong communication skills along with fluency in English.\tHands on experience in SAP FICO and COPA modules\tBasic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP\tExperience with MS Office\tAbility to work with diverse teams across different countries.

More about us

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. 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. #MyABBStoryIt 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