Financial Planning & Analysis Analyst Job in Abb

Company Overview:

At ABB, we are committed to addressing global challenges through innovation, sustainability, and collaboration. Our core values care, courage, curiosity, and collaboration empower us to create positive change. We also emphasize diversity, inclusion, and equal opportunities, fostering an environment where everyone can contribute and grow.

Role Summary:

As a Financial Planning & Analysis (FP&A) Analyst at ABB, you will have the opportunity to collect, analyze, and interpret financial data to contribute to the company's financial performance. You will manage and update budgeting and forecasting models, identify trends, and provide actionable insights that optimize business outcomes. You will work closely with cross-functional teams to ensure financial performance aligns with organizational goals.

Key Responsibilities:

• Business Performance Inspection:
  • Inspect and analyze business performance versus plan and forecast, proposing actions for improvement.
• Benchmarking & KPI Analysis:
  • Perform benchmarking of key performance indicators (KPIs) within ABB and against industry competitors.
• Month-End Closing & Reporting:
  • Perform month-end closing activities and generate MIS reports for respective business functions.
• Collaboration with Financial Teams:
  • Work with other financial professionals in divisions, hubs, and countries to understand financial performance drivers.
• Cost/Benefit Analysis:
  • Conduct cost/benefit studies and analyze inventories and Net Working Capital (NWC).
• Ad-Hoc Reports:
  • Prepare and deliver ad-hoc reports based on business or function requests.
• Financial Reporting & Forecasting:
  • Support business planning, forecasting, and financial reporting, ensuring timely and accurate data.
• Data Accuracy & Reconciliation:
  • Validate the accuracy of financial data and business information, performing reconciliations and reviewing exceptions.

Qualifications & Requirements:

• Experience: 3-5 years of experience in Financial Planning & Analysis.
• Technical Skills:
  • Hands-on experience with SAP FICO modules is preferred.
  • Proficient in MS Excel and other financial tools for reporting and analysis.
• Educational Background:
  • Bachelor s or Master s degree in Finance, Accounting, or a related field.
  • CMA, CA, or MBA in Finance is preferred.
• Skills:
  • Strong problem-solving skills.
  • A detail-oriented approach to work.
  • Strong communication skills, both written and verbal.
  • Fluency in English.

Work Model:

The role follows a hybrid work model: #LI-onsite, #LI-hybrid.

Why ABB?

At ABB, our Finance team delivers forward-looking insights that help drive sustainable, long-term results for the business. As a world-class team, we operate at the highest standards to provide strategic support to ABB s global operations. Joining ABB means becoming part of a company that cares about making a positive impact on the world.