Financial Planning & Analysis - Analyst
ABB, India
Job Description
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.
This is a Financial Planning & Analysis - Analyst role, reporting to Team Leader and will be based in Bangalore. In this role, you will be providing Financial Planning and Controlling 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 budget and forecast, performing benchmarking of key performance indicators with external and internal peers.
Working with the other financial professionals in Divisions / Regions / Countries and functions to understand and analyze the drivers of financial performance and identify trends.
Preparing financial analysis for various “what if” scenarios and sensitivity analysis and the overall impact to the business units. Analysis of overhead under / over absorption indicating root cause.
Preparing and analysing Product / Customer profitability. Calculation of Labour hour rates and overhead absorption rate for different business scenarios.
Performing cost / benefit analysis, NVP / IRR analysis and payback period for capex initiatives. Analysis of inventories and NWC, prepareing ad-hoc reports as per Business units’ request.
Supporting preparation of relevant organization financial reporting, business planning, budgeting and forecasting. Validating accuracy of financial data and business information and reports by performing reconciliation and review of exceptions.
Optimizing own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
Ensuring processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.
Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
Job Specification
Your background
Bachelor degree in Accounting with CMA/ CA / MBA.
Up to 4 year experience in Financial Planning and Analysis, preferably in a Manufacturing unit.
Strong analytical and problem solving skills, thorough / detail oriented approach and strong communication skills.
Hands on experience in SAP FICO and COPA modules, basic Knowledge of Sales & Distribution, Production Planning, Projects, Material Master modules in SAP.
Experience with MS Office.
Ability to work with diverse teams across different countries, self-motivated with a strong commitment to quality.
Fluent in English.
More about us
We look forward to receiving your application. If you want to discover more about ABB, take another look at our website www.abb.com.
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