Financial analyst and project controller

Posted Yesterday
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Beijing, CHN
In-Office
Senior level
Robotics • Analytics • Energy
The Role
Manages project financial controls, including risk reviews, budgets, cost tracking, KPI monitoring, variance analysis, reporting, and post-project reviews. Oversees product cost planning, standard costing, supplier costs, cost accounting, ERP accuracy, and cost-reduction initiatives for a manufacturing unit. Requires strong financial analysis, project accounting, risk management, communication, and ERP skills.
Summary Generated by Built In

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.

This position reports to:

Finance Manager

__

Responsibilities:A. Project Controlling (60-70%)
  • Project Risk Review: Identify and assess project financial and operational risks; Support PM/M&S to develop risk mitigation strategies and contingency plans.
  • Project Budget and Cost Management: Develop and maintain project budgets and financial plans; Monitor project spending against approved budgets.
  • Project Execution Review: Track project financial performance and KPIs; Conduct regular project performance reviews and variance reporting according to project review policy; Conduct post-project financial reviews and lessons learned documentation.
  • Project Reporting and Analysis: Prepare comprehensive project financial reports for management and stakeholders; Escalate critical issues and variances to management.
B. Product Cost Controlling (30-40%)
  • Product Cost Planning: take lead of a small scale manufacturing unit cost yearly plan, calculate OH/labor yearly rate, and update full cost model.
  • Product Standard Cost Monitor:Review and validate product standard costs, track cost changes, and collaborate with product specilist for the cost accuracy.
  • Cost Optimization:Recommend and implement cost reduction strategies and value engineering initiatives.
  • Supplier Cost Management:Monitor and control supplier costs, negotiate contracts, and track supplier performance.
  • Cost Accounting:Maintain accurate product cost records and ensure compliance with accounting standards; oversight ERP cost accounting accuratcy.
  • Cost Reporting: Prepare regular product cost reports and variance analysis for management.
A. Project Controlling (60-70%)
  • Project Risk Review: Identify and assess project financial and operational risks; Support PM/M&S to develop risk mitigation strategies and contingency plans.
  • Project Budget and Cost Management: Develop and maintain project budgets and financial plans; Monitor project spending against approved budgets.
  • Project Execution Review: Track project financial performance and KPIs; Conduct regular project performance reviews and variance reporting according to project review policy; Conduct post-project financial reviews and lessons learned documentation.
  • Project Reporting and Analysis: Prepare comprehensive project financial reports for management and stakeholders; Escalate critical issues and variances to management.
B. Product Cost Controlling (30-40%)
  • Product Cost Planning: take lead of a small scale manufacturing unit cost yearly plan, calculate OH/labor yearly rate, and update full cost model.
  • Product Standard Cost Monitor:Review and validate product standard costs, track cost changes, and collaborate with product specilist for the cost accuracy.
  • Cost Optimization:Recommend and implement cost reduction strategies and value engineering initiatives.
  • Supplier Cost Management:Monitor and control supplier costs, negotiate contracts, and track supplier performance.
  • Cost Accounting:Maintain accurate product cost records and ensure compliance with accounting standards; oversight ERP cost accounting accuratcy.
  • Cost Reporting: Prepare regular product cost reports and variance analysis for management.
Required Qualifications

Bachelor's degree in Finance, Accounting, or related field.

4-5 years above of experience in production cost control, and/or project financial management.

Strong knowledge of project management principles, cost accounting, and risk management.

Proficiency in Excel, financial software, and ERP systems.

Excellent analytical and problem-solving skills.

Strong communication and interpersonal abilities.

Attention to detail and accuracy.

Preferred Qualifications

Project Management Professional (PMP) or similar certification as a plus.

Certified Management Accountant (CMA) or similar credential as a plus.

Experience in manufacturing, engineering, or industrial sectors.

Knowledge of SAP, Oracle, or similar enterprise systems.

Experience with project management software.

Skills Required

Financial analysis and reporting.

Cost control and variance analysis.

Project accounting and financial management.

Risk assessment and management.

Stakeholder communication and presentation.

Problem-solving and decision-making.

Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. That's why we welcome people from all backgrounds and experiences.

Ready to make an impact?

Apply today or visit https://www.abb.com to learn more about the impact of our solutions across the globe.

Skills Required

  • Bachelor's degree in Finance, Accounting, or a related field
  • 4-5 or more years of experience in production cost control and/or project financial management
  • Knowledge of project management principles, cost accounting, and risk management
  • Proficiency in Excel, financial software, and ERP systems
  • Strong analytical and problem-solving skills
  • Strong communication and interpersonal abilities
  • Attention to detail and accuracy
  • PMP or similar certification
  • CMA or similar credential
  • Experience in manufacturing, engineering, or industrial sectors
  • Knowledge of SAP, Oracle, or similar enterprise systems
  • Experience with project management software

ABB Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ABB and has not been reviewed or approved by ABB.

  • Healthcare Strength Healthcare coverage is described as comprehensive, with medical, dental, vision, mental health support, and disability and life insurance included. Immediate eligibility in some roles reinforces the sense of dependable core coverage.
  • Leave & Time Off Breadth Time-off offerings are described as broad, including paid holidays, sick days, volunteer time, sabbaticals, and, in some cases, 25 days of PTO. Flexible scheduling and remote-work options add to perceived time-off and flexibility value.
  • Retirement Support Retirement benefits are positioned as robust, including a 401(k) with company contributions or matching and, in some cases, profit sharing or pension savings. Stock purchase/share acquisition programs complement longer-term savings options.

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The Company
HQ: Zürich
104,000 Employees
Year Founded: 1988

What We Do

ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries. www.abb.com

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