Local Division Controller

6 days ago


Bengaluru Karnataka, India ABB Full time

**Local Division Controller**:
**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**:
Service Manager

**Your role and responsibilities**:
In this role, you will have the opportunity to act as a business partner to the relevant business manager and leads local finance teams to optimize the financial performance within an assigned division / business area. Each day, you will support effective business decisions by monitoring, analyzing, and interpreting financial data to evaluate various business alternatives. You will also showcase your expertise by recommending the most appropriate business solutions. You will be working as Local Division Controller and will be part of Motion Business for Service division, based in Bangalore, India. Work model: on site #LI-onsite You will be mainly accountable for: - Contribute to the definition of the strategy for local division. Partner with relevant business leader in determining strategy for area of responsibility in alignment with wider strategy and developing implementation & monitoring plan - Translate strategy into business plans and establish measurable targets. Drive business planning and forecasting process for the area of responsibility. Evaluate financial implications of various strategic decisions, build scenarios and recommend actions - Monitor progress achieved and provide insight and analysis to support operational decision-making (including pricing support) proactively. Identify issues and advise management on action plans and operational strategies to resolve - Drive appropriate cost structure, productivity optimization and capital efficiency. Drive collection process to reduce overdue receivables and take actions to improve Net Working Capital - Participate & support global initiatives / special projects - Ensure timely and efficient communication with relevant stakeholders to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility - Assessing business risk exposure and define risk mitigation strategies to reduce impact on business performance. Ensuring that risk management processes are consistently implemented in own area of responsibility - Ensure transparency in financial reporting and disclosures. Defining and implementing internal controls regarding financial and non-financial operations - Ensure compliance with the statutory and local tax regulations in conjunction with the relevant support functions. Support internal and external audits

**Qualifications for the role**:

- CA/CWA/MBA (Finance) preferred
- Minimum Work Experience: 10-14 years
- Hands on experience of working in SAP Modules FI, CO, MM, PP

**More about us**:



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