ABB - Controlling & Planning Analyst - Financial Planning & Analysis - Electrical/Automation/Manufacturing

Controlling & Planning Analyst :

Responsibilities :

Business Analysis :

- Perform analysis of business performance versus budget and forecast.

- Perform benchmarking of key performance indicators with external and internal peers.

- Work with the other financial professionals in Divisions / Regions / Countries and functions to understand and analyze the drivers of financial performance and identify trends.

- Prepare financial analysis for various - what if scenarios and sensitivity analysis and the overall impact to the business units.

- Analysis of overhead under / over absorption indicating root cause

- Preparing and analysing Product / Customer profitability.

- Calculation of Labour hour rates and overhead absorption rate for different business scenarios.

- Perform cost / benefit analysis, NVP / IRR analysis and payback period for capex initiatives.

- Analysis of inventories and NWC

- Prepare ad-hoc reports as per Business units- request

Financial reporting :

- Support preparation of relevant organization financial reporting, business planning, budgeting and forecasting.

- Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions

Information and communication :

- Provide information to management by assembling and summarizing data, preparing reports, presentation of findings and analysis

Optimization :

- Optimize own performance to increase productivity by developing automated solutions, eliminating duplication, coordinating information requirements.

- Recommend changes of process standards and procedures to improve the timely performance of process activities

- Identify areas for process / report standardization across different countries, divisions and business units.

Internal control and documentation :

- 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 documentation for future tax / internal / external audits and reviews

- Prepare SOPs for all activities performed.

Knowledge and Skills :

- Strong analytical and problem solving skills.

- Thorough / detail oriented approach.

- Strong communication skills.

- Fluent in English.

- Hands on experience in SAP FICO 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

Experience : Up to 5 year experience in Financial Planning and Analysis, preferably in a Manufacturing unit.

Education : Bachelor degree in Accounting with CMA/ CA / MBA