Financial Planning & Analysis Specialist
ABB · Bengaluru · onsite · Posted 66d ago
Undisclosed3–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
This Position reports to:
FP&A CoE Hub Business Area Lead Roles and Responsibilities:
- Performing analysis of business performance versus budget and forecast. Performing bench-marking of key performance indicators with external and internal peers.
- Performing 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 and identify trends.
- Preparing and analyzing Product / Customer profitability. Financial analysis for various what if scenarios and sensitivity analysis and the overall impact to the Divisions.
- Perform Capital investment evaluation using NPV / IRR techniques. Preparing allocation cycles and calculation of Labour hour rates and overhead absorption rate for different business sce-narios. Performing cost / benefit analysis and analysis of inventories, NWC. Preparing and ana-lyzing ad-hoc reports as per divisions / functions request.
- Analysis of overhead under / over absorption indicating root cause. Supporting preparation of relevant organization 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 area of responsibility are designed and implemented in line with Group and unit requirements.
- Providing training to FP&A Analysts and onboarding of new employees. Optimize own perfor-mance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. Recommend changes of process standards and proce-dures to improve the timely performance 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 with Group and unit requirements. Maintain proper audit trail and docu-mentation for future tax / internal / external audits and reviews.
Qualifications for the role
- Total 3-5 Year of experience in financial planning and analysis in Manufacturing industry (Man-date)
- 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 mod-ules 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
SAPSAP FICOstrategic planningBusiness PlanningProduction PlanningFinancial ReportingSalesfinancial analysisFinancial PlanningForecasting
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.
Industries
Industrial Machinery
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