Financial Planning & Analysis Specialist

Reposted Yesterday
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Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
3-7 Annually
Mid level
Robotics • Analytics • Energy
The Role
This role involves analyzing business performance against budgets and forecasts, conducting KPI benchmarking, preparing financial reports, and performing cost/benefit analysis.
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:

Financial Planning & Analysis Team Lead
 

Your role and responsibilities
• Performing analysis of business performance versus budget and forecast.
• Performing benchmarking 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 allocation cycles and calculation of Labour hour rates and overhead absorption rate for different business scenarios.

•   Performing cost / benefit analysis and analysis of inventories, NWC

calculation of Labour hour rates and overhead absorption rate for different business scenarios.
•    Performing cost / benefit analysis and analysis of inventories, NWC
•    Preparing and analyzing ad-hoc reports as per division’s / function’s request. 
•    Analysis of overhead under / over absorption indicating root cause.

Qualifications for the role
• Experience required – 3-7 Yrs
• Flexible with shifts - 12PM - 9PM and 10:30 AM- 7:30 PM

Experience in Power BI, Power Apps, Budgeting, forecasting, MIS reporting.
• Strong analytical and problem-solving skills. Experience with MS Office
• Degree – CMA/ MBA Finance
• Thorough / detail oriented approach.
• Strong communication skills.
• Hands on experience in SAP FICO and COPA modules

Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences.

Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe.

Recruitment Fraud Warning

ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process.

View current job openings and apply at: https://careers.abb/global/en/home

For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning

Skills Required

  • 3-7 years of experience in financial planning and analysis
  • Experience with MS Office
  • Degree in CMA/ICWA/CA/MBA Finance
  • Hands-on experience in SAP FICO and COPA modules

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
Bengaluru, Karnataka
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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