Financial Planning & Analysis Analyst

oilandgas.org.uk • California, MO, United States • $200k - $250k / year • 1w ago

Financial Planning & Analysis Analyst

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 position reports to

Financial Planning & Analysis Specialist

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, #LI- Hybrid. This role is contributing to the ABB Services in Bangalore. You will be mainly accountable for:

Performing analysis of business performance versus Plan and forecast. Performing month end closing activities and MIS reports for the respective business/functions.
Working with 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

Bachelor or Master's degree in Finance and/or Accounting. CMA/CA/MBA Finance preferred.
2-4 year experience in Financial Planning and Analysis.
Strong analytical and problem-solving skills. Thorough/detail-oriented approach. Strong communication skills.
Fluent in English. Hands-on experience in SAP FICO modules preferred, experience with MS Office.
Ability to work with diverse teams across different countries. Self-motivated with a strong commitment to quality.

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. #J-18808-Ljbffr