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 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: onsite This role is contributing to the ELSB, ELSP Marketing & Sales Finance Organization. You will be mainly accountable for: Analyzes orders, revenues, rebates, and margins to identify key performance drivers, explain favourable and unfavourable variances, and highlight trends affecting topline volume and profitability. Reviews backlog and revenue coverage to identify risks relating to delivery delays, backlog accumulation, and timely conversion of orders into revenue; assesses overdue receivables by customer, considering ageing and historical payment patterns to identify potential non-payment and collection risks. Prepares and maintains forecasts for topline key performance indicators, including orders, revenues, rebates, backlog, and overdue receivables, and explains material changes in assumptions and outlook. Analyzes performance against budget and forecast across sales channels, customers, and business lines, explains key variances, and highlights significant risks and opportunities. Coordinates with relevant stakeholders to review and validate performance data and forecast assumptions, follow up on topline KPIs, and monitor agreed actions. Validates the accuracy and consistency of business and financial information through reconciliation, exception analysis, and follow-up of identified discrepancies. Provides management with timely information by consolidating and summarizing data, preparing reports, and presenting analyses, findings, and recommendations. Improves productivity and reporting effectiveness by developing automated solutions, eliminating duplication, and coordinating information requirements across stakeholders. Performs controls within the area of responsibility and maintains appropriate documentation and audit trails. Qualifications for the role Degree in Accounting, Finance or related subjects Minimum of 5 years of experience in the areas of business, finance, operational controlling and/or accounting High motivation to work in dynamic environment with orientation towards process improvement/simplification with ability to work effectively in a team environment. Strong attention to detail, ensuring accuracy and confidence in information produced. Ability to work well under pressure is a prerequisite (meeting deadlines with highest quality). Strong communication skills. Proven ability to efficiently collaborate with various stakeholders Fluent in English – Written & Spoken Preferably proficient in SAP and Microsoft Excel, including Power Query and macros, and/or Power BI, to support efficient data analysis, reporting and automation solutions. More about us ABB Smart Buildings enables optimization of energy efficiency, safety, security and comfort for any building type, through new installations or retrofit solutions. The Division offers integrated digital technologies to control HVAC, lighting, shutters, and security, in addition to energy distribution solutions including DIN rail products, enclosures and emergency lighting through to industrial plugs and sockets and conventional wiring accessories, accommodating for single family homes, multiple dwellings, commercial buildings, infrastructure and industrial applications. The Division’s highly innovative technologies and digital solutions serve rising global demand among real estate developers, owners, and investors for smart building technologies that optimize energy distribution and building automation. The scalable solutions aim to deliver significant sustainable and financial benefits, meeting social and environmental demands, while being able to address even the most complex of customers’ carbon reduction strategies. Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. That's why we welcome people from all backgrounds and experiences. Ready to make an impact? Apply today or visit https://www.abb.com to learn more about the impact of our solutions across the globe.