ABB India | Financial Planning & Analysis Analyst

Responsibilities

• 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.
• 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.
• 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.
• Performing cost / benefit analysis and analysis of inventories, NWC
• Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.

Qualifications for the role

• 3-6 yrs of experience in Financial Planning & analysis Analyst profile, strong experience in Budgeting, forecasting, variance analysis.
• Must have experience in month end closing activities and MIS reports.
• Strong analytical and problem solving skills.
• Thorough / detail oriented approach.
• Hands on experience in SAP FICO modules preferred.
• We value people from different backgrounds.
• Qualifications for the role

ABB India Limited

ABB is a Swiss-headquartered engineering and technology group best known for electrification and automation. It has worked in India for more than a century, and its listed company here, ABB India Limited, began in 1949 as Hindustan Electric Company. ABB India makes and services electrical equipment, motors and drives and automation systems for power utilities, factories, transport and buildings, from plants and engineering centres that also supply ABB businesses in other countries.

Finance openings at ABB in India are concentrated in Bengaluru, in teams that close the books, report and control for ABB units in India and abroad. Typical roles are accounting and reporting analysts and specialists (general ledger, accounts payable and receivable, intercompany, fixed assets and lease accounting), direct and indirect tax analysts, and controlling and FP&A specialists. Most ask for a B.Com, M.Com or MBA (Finance), and several name CA, CMA or CA Inter as a requirement or an advantage.

• Industry: Electrification and automation technology: electrical products and systems, motors and drives, process automation
• Headquarters: Zurich, Switzerland (ABB Ltd); ABB India Limited has its registered office in Bengaluru
• In India: ABB India Limited, listed on the NSE and BSE, with factories, feeder factories for ABB's global supply chain and engineering centres in India; most finance roles are in Bengaluru