Project Finance AnalystAt ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions.Write the next chapter of your ABB story.
This position reports to

Financial Planning & Analysis Manager

Your role and responsibilities

In this role, you will have the opportunity to support in all financial and commercial matters related to the project. Each day, you will actively drive their respective project’s performance. You will also show-case your expertise by preparing project invoices and financial accounting and reporting (including project site accounting) documents.The work model for the role is: #LI-Onsite, #LI - HybridThis role is contributing to the ABB Services in Bangalore, India. You will be mainly accountable for:•\tSupport project managers in all financial and commercial matters and actively drive the project’s performance. Ensure compliance with Accounting & Reporting Policies and applicable internal control procedures\t•\tMaintain projects in SAP, hereunder the project cost- and income budget and the WBS and ac-tivity structure. Ensure timely invoicing according to the contract and timely payment of invoices.•\tEstablish any required financial guarantees. Establish any required foreign currency contracts (hedging) and initiate swap arrangements when required•\tProvide forecast information like cash flow plan, revenue recognition plan and cost-to-complete•\tMonthly reporting internally and externally. Monitor and control actual cost and revenues against the budget and forecast. Identify, analyze, report and follow-up any economical deviations related to recognized revenues and gross margin, actual/planned costs, cash flow and over dues.•\tParticipate in the project’s risk management process for early identification of risks and opportu-nities, and do monthly assessment of the identified risks, contingencies and opportunities•\tParticipate in project review committee. Provide input to the Project Cost report and PR+ and other relevant tools. •\tPromote commercial awareness in the project team

Qualifications for the role

\tBachelor’s in Commerce / accounting / business administration / CMA / CWA / CA\t2 - 4 years of experience in Project Controlling / Financial Planning & Analysis\tFluency in English\tProactive and responsible personality with good team work and excellent communication skills\tFlexibility and willingness to take on responsibility\tEfficient and high work capacity to master periodically high workload\tExperience in use of SAP and relevant Microsoft programs. Can work independently, result-oriented and structured

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. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStoryIt has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the criteria to apply.ABB does not charge any fee whatsoever for recruitment process. Please do not make payments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning