Controlling And Planning Specialist

You will be responsible for leading a team of FP&A Analyst providing Financial Planning and Controlling expertise to the organization by compiling and analysing metrics, identifying trends and problems, communicating information to relevant groups and recommending actions to improve financial performance.

Responsibilities:-

• 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 analyse 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 Labor 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 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.
• Ensure SOPs are prepared and updated regularly for all activities performed by the team.
• Ensure service delivery of the team is within the agreed SLAs and KPIs.

Qualifications And Experiences:-

• At least 5 year experience in Accounting and Finance in a Manufacturing unit with 2+ years of experience in FP&A is preferable.
• A Bachelor degree in Accounting with CMA/ CA / MBA.
• Strong analytical and problem solving skills.
• Thorough / detail oriented approach.
• Strong communication skills.
• Fluent in English.
• Hands on experience in SAP FICO and COPA modules.
• Basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP.
• Experience with MS Office.
• Ability to work with diverse teams across different countries.
• Self-motivated with a strong commitment to quality.

Location:-

• Bangalore, India.

Company Overview:-

Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centres. With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values, and is committed to powering good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener grid. www.hitachiabb-powergrids.com