ABB India | Financial Planning and Analysis Manager

Roles and responsibilities

• Performs analyses of business performance versus budget and forecast, and accordingly proposes improvement actions.
• Works with program director, functions and project manager to understand and analyse the drivers of financial performance of the NewGen program and identify trends.
• Prepares financial modelling for various hypotheses and the overall impact to the NewGen program.
• Supports the preparation of financial reporting, business planning, budgeting, and forecasting for the New Gen program.
• Validates the accuracy of financial data and business information and reports through reconciliations and review of exceptions.
• Provides information to management by gathering and summarizing data, preparing reports, and making presentations of findings, analyses, and recommendations.
• Conducts detailed cost analysis and identifies trends, cost-saving opportunities, and areas for improvement for the assigned function.
• Identifies process inefficiencies and proposes improvements to enhance the accuracy of financial analysis and reporting.
• Ensures processes and controls within area of responsibility, are designed, and implemented in line with internal policies and regulations.
• Maintains proper audit trail and documentation for internal/external audits and reviews.
• Takes the lead in the benefit calculation of the projects or delivered solutions.
• Optimizes their performance to increase productivity by developing automated solutions, eliminating duplications, and coordinating information requirements.
• Manages relationships with stakeholders in their area of responsibility and ensures alignment.
• Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative.

Requirements

• 5+ Years of experience in financial planning and analysis analyst with good experience in Budgeting, forecasting and month end closing activities.
• Should have good experience in Performance Management. Risk Management and Internal Controls and Data Analytics.
• Strong communication skills. Fluent in English.
• Hands on experience in SAP FICO, S/4HANA and COPA modules.
• We value people from different backgrounds.
• Qualifications for the role (Mandatory)
• Experience with MS Office

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