Financial Planning & Analysis Analyst

Job description

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world. This Position reports to: Financial Planning & Analysis Manager Your role and responsibilities (Mandatory) In this role, you will have the opportunity to collect, analyze, and interpret financial data. You will update budgets and forecasts and identify trends and problems. You will also showcase your expertise by communicating insights and collaborating with cross-functional teams and stakeholders to drive financial performance and optimize business outcomes. This position reports to FP&A Manager. You will be mainly accountable for: 1. Collaborate with the other financial professionals in Divisions / Hubs / Countries / functions to understand on-going accounting practices and adhere to audit compliance and standards. 2. Responsible for end-to-end bottom-up accounting (including monthly/ quarterly closing) for the respective local units pertaining to Real Estate Product Groups. This includes Monthly Journal entries, reclassification entries, review of profit and loss account, Operational Free cash flow and Balance Sheet. 3. Overseeing commercial execution of all Capex Projects and implements finance control processes with precise quarterly Capex projections. Monitoring Fixed Asset Register and timely recording of Capitalization, Transfer and Retirement including quarterly disclosure. 4. Prepare Annual Budgeting including Capital Investments and Occupancy Cost. Supporting the analysis of business actual performance versus plan and proposing improvement actions. 5. Prepare business cases (GMAS - Internal tool) and performing cost - benefit analysis under various scenarios and support decisions. Preparing financial modeling for various hypotheses and analyzing impact to the organization and validating the accuracy. 6. Performing benchmarking of key performance indicators (i.e. Operational EBITA, Net Working Capital and Capex Spending). Working with local/ global management team to understand and analyze drivers of financial performance and identifying market trends of financial data and business information and reporting through reconciliation and review of exceptions. 7. Support preparing management reports including CRIMS internal tool – for Portfolio Management and Capex Tracker and need based MIS. 8. Improve finance engagement across cross function team (example: collaborate with local team/Purchase to Payment (P2P), R2R, AR, Fixed Assets so on) 9. Manages relationship with the stakeholders in their area of responsiblity and ensures alignment. Qualifications for the role (Mandatory)Total 3-5 Years of post qualification experience. You are immersed in Financial Planning and analysis. Possess enhanced knowledge of SAP, BI Tools. Degree in CMA/CA/US CMA/CIMA/ACCA/MBA with Excellent communication skills. Those pursuing degree in the final year / intermediate/awaiting results can also apply. More about us (Mandatory) 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. #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. Location Division Publication Start Date 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.ab b/group/en/careers/how-to-apply/fraud-warning Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences. Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe. Recruitment Fraud Warning ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process. View current job openings and apply at: https://careers.abb/global/en/home For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning Guidelines: Please be aware:All fields in yellow should be populated with relevant information (based on Job description and the Kick-off form). All other text can also be modified if necessary, within the given guidelines. Text in bold is fixed and should not be edited or removed Reporting Manager section is mandatory both internally and externally, to be posted via eRec functionality “Your role and responsibilities” should be plain text followed by maximum 4 additional bullet points The “Qualifications for the role” section should include no less than five and no more than seven bullet points. These bullet points should be listed in order of importance for the success in the role Indicate the required language knowledge in the “Qualifications for the role” section whenever it is mandatory and/or applicable Information about “Licenses and visa/work permit” is optional, use this sentence wherever it is required In the “More about us” section you can add further legal statements/PES indications or Talent Partner contacts, for example Read more about the guidelines in the Guidelines doc available in the SharePoint Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences. Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe. Recruitment Fraud Warning ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process. View current job openings and apply at: https://careers.abb/global/en/home For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning