ABB - Financial Analyst

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 the 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 duplications, 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.