Financial Planning & Analysis Analyst
ABB · Bengaluru · onsite · Posted 65d ago
Undisclosed1–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
This Position reports to: FPA CoE Hub Business Area Lead.
Roles and Responsibilities - Performing analysis of business performance versus budget and forecast.
- Performing bench-marking ofkey performance indicators with external and internal peers.
- Performing closing activities and MIS reports for the respective business / functions.
- Working with theother financial professionals in Divisions / Hubs / Countries / Functions to understand and analyze thedrivers of financial performance and identify trends.
- Preparing and analyzing Product / Customer profitability.
- Financial analysis for various what if scenariosand sensitivity analysis and the overall impact to the Divisions.
- Perform Capital investment evaluation using NPV / IRR techniques.
- Preparing allocation cycles andcalculation of Labour hour rates and overhead absorption rate for different business sce-narios.
- Performingcost / benefit analysis and analysis of inventories, NWC.
- Preparing and ana-lyzing ad-hoc reports as perdivisions / functions request.
- Analysis of overhead under / over absorption indicating root cause.
- Supporting preparation of relevantorganization financial reporting, business planning forecasting.
- Supporting forex valuations, hedging,audits Group on special projects.
- Validating accuracy of financial data and business information and reports by performing rec-onciliation
- and review of exception.
- Active participation in business process /project reviews / functions review, assisting in target setting, strategic planning analyzing performance of portfolio for various segments and presenting financial dashboards for business review.
- Ensur-ing processes and controls within own areaof responsibility are designed and implemented in line with Group and unit requirements.
- Providing training to FPA Analysts and onboarding of new employees.
- Optimize own perfor-mance toincrease productivity by developing automated solutions, eliminating duplications, coordinating informationrequirements.
- Recommend changes of process standards and proce-dures to improve the timelyperformance of process activities
- Identify areas for process / report standardization across different countries, divisions and busi-ness units.
- Ensure processes and controls within own area of responsibility are designed and implemented in line withGroup and unit requirements.
- Maintain proper audit trail and docu-mentation for future tax / internal /external audits and reviews.
- Total 3-5 Year of experience in financial planning and analysis in Manufacturing industry (Man-date) - Budgeting, Forecasting, PL, Variance Analysis.
- Strong analytical and problem-solving skills. Thorough / detail-oriented approach.
- Strong communication skills. Fluent in English.
- Hands on experience in SAP FICO, S/4HANA and COPA modules
- Basic Knowledge of Sales Distribution, Production planning, Projects, Material master modules in SAP
- Experience with MS Office
- Ability to work with diverse teams across different countries.
- Self-motivated with a strong commitment to quality.
Sourced from naukri
Skills
CopaFinancial Planning & Analysisbusiness processfinancial dataauditsBusiness PlanningCustomer profitabilityCommunication SkillsForexFinancial Reportingfinancial analysisBudgetingFinancial PlanningfinanceForecasting
About ABB
ABB
Industrial Machinery
3.6k+
employees
1988
38 years old
Zurich
Switzerland
About
ABB is a leader in automation and electrification, providing solutions that enhance efficiency and sustainability in manufacturing and operations across industries.
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Industrial Machinery
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