Financial Planning

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 toFinancial Planning Analysis SpecialistYour role and responsibilitiesIn 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 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 functions 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 Masters degree in a 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 usABB 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 MyABBStory 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