Finance Planning & Analysis Analyst

ABB; Bengaluru; On-site; INR 700,000 - 900,000; Full time

Job summary

ABB Finance in Bengaluru, Karnataka, is seeking a Financial Planning & Analysis Specialist to join the team. You will handle accounting, allocation, and reporting of functional costs, support month-end accruals, and drive variance analysis against budgets and forecasts.

The role interfaces with business partners for budgeting and trend insights. The ideal candidate has a Master's degree in Finance or Accounting, 1-3 years in FP&A, and hands-on SAP and MS Office experience to enable accurate P2P

Qualifications

• Master's degree in a Finance or Accounting, CMA (US)/ MBA Finance/MCOM preferred.
• 1-3 years' experience in Financial Planning and Analysis.
• Strong analytical and problem-solving skills.
• Hands on experience in SAP modules preferred.
• Experience with MS Office.

Responsibilities

• Accounting, allocation, and reporting of functional costs.
• Advising invoice booking , creation of month end accruals.
• Management of hosted resources charges.
• Monitoring cost by variance analysis of budget v/s forecast
• Identify deviations, and appropriate action plan such as Actuals Invoicing and reclass.
• Provide inputs to business partnering for forecast/budgeting and trend analysis.
• Po creation in compliance with P2P policies of ABB (i.e.. MDF codes, Correct GL,CC etc.)
• GRIR ageing/Vendor Ageing/customer Ageing analysis.
• Ensure IG is complete and accurate (with no surprises)

Skills

Analytical skills

Problem-solving

FP&A experience

Education

Master's degree in Finance or Accounting

CMA (US)/ MBA Finance/MCOM

Tools

SAP

MS Office

Job description

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 Specialist

Your Role And Responsibilities (Mandatory)

• Accounting, allocation, and reporting of functional costs. Accounting -
• Advising invoice booking , creation of month end accruals.
• Management of hosted resources charges.
• Monitoring cost by variance analysis of budget v/s forecast
• Identify deviations, and appropriate action plan such as Actuals Invoicing and reclass.
• Provide inputs to business partnering for forecast/budgeting and trend analysis.
• Po creation in compliance with P2P policies of ABB (i.e.. MDF codes, Correct GL,CC etc.)
• GRIR ageing/Vendor Ageing/customer Ageing analysis.
• Ensure IG is complete and accurate (with no surprises)

Qualifications for the role:

• Master's degree in a Finance or Accounting, CMA (US)/ MBA Finance/MCOM preferred.
• 1-3 years' experience in Financial Planning and Analysis.
• Strong analytical and problem-solving skills.
• Hands on experience in SAP modules preferred.
• Experience with MS Office.

More About Us

ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards. We value people from different backgrounds.

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.