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Financial Planning & Analysis Analyst

Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future. At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.

Act as a strong individual contributor to support LPG controller to lead local Controlling teams to optimize financial performance within CNIIB. Support effective business decisions by monitoring, analyzing, and interpreting financial data in order to evaluate various business alternatives and recommend the most appropriate business solutions.

Your responsibilities

  • 1. Business planning and forecasting:
  • In coordination with LPG Controller, translate strategy into business plans and establishes measurable targets. Oversee the business planning and forecasting process for the area of responsibility and serves as the interface to LPG Controller. Evaluates financial implications of various strategic decisions, builds scenarios, and recommends actions.
  • 2. Business performance:
  • Support LPG controller to monitor all financial aspects of the area of responsibility and related costs, production costing, operational KPI’s, R&D investment effectiveness and provide insight and analysis to support operational decision-making. Identify issues and advise management on action plans and operational strategies to resolve. Responsible to drive appropriate cost structure, productivity optimization and capital efficiency. Support and implement transfer pricing according to Global Marketing and Sales guidelines. Manage and closely monitors OCF, supply revenues, Operational EBITA % and take action to improve Net Working Capital. Capital expenditure investment must be in line with global “assets light” strategy.
  • 3. Financial reporting:
  • In coordination with the LPG Controller, establish and oversee processes and tools necessary to obtain transparent and reliable financial data and business information. Ensure high quality and compliance of financial data and business information in line with defined standards & financial closing schedules. Performance analysis, review& proposal for actions to management supporting business performance. Enforcement of country and BU specific finance directives and instructions, enforcement of Group Accounting and Reporting Guidelines and if applicable filing as per local (legal) requirements.
  • 4. Price management:
  • Work closely with Company GM and related functions (PM, commercial, etc.) to define reporting unit price strategy that price maintenance must be in line with profitability development. Monitor price approval to in line with reporting unit LAT. Fully involve in product life cycle management to ensure price maintained in certain level even if “phase-out” products. Improve and optimize price approval workflow. Pre-alert management for any unusual movement for price. Work closely with commercial team to propose TP increase / decrease to ensure less negative impact on company profitability (such as, commodity price-up, components change for specific products with higher price, which is requested by front-end, etc.)
  • 5. Risk management:
  • Assess business risk exposure and defines risk mitigation strategies to reduce impact on business performance in own area of responsibility. Ensure risk management processes are consistently implemented in own area of responsibility, in coordination with the LPG Controller.
  • 6. Internal controls & compliance:
  • Implement and ensure compliance with global and local standards, rules and regulations (including direct and indirect taxation, international transfer pricing regulation), tools, policies and processes related to operations/project execution and share functional best practices and lessons learned across the ABB organization. Ensure transparency in financial reporting and disclosures. Define and support implementation of internal controls regarding financial and non-financial operations. In coordination with the LPG controller, responsible for Assurance, SOX and overall oversight on the governance. Align with CNIIB business model change, design and continuous optimize the finance and control related processes and procedures to fulfill ABB internal control and integrity requirements. Ensure reporting unit LAT (local authorization table) amendment and implementation fully in line with Global BAT.
  • 7. OHS & integrity:
  • Support ensuring a safe working environment, continuous HSE improvement processes and integrity performance. Personally, lives the ABB values and Group standards.

Your background

  • Bachelor Degree or above, major in Accounting, Auditing, Economics, Financial Management or related.
  • 8+ years of relevant working Experience on Accounting, financial analysis, or controlling areas
  • Require a broad knowledge of diverse financial functions in manufacturing and general business.
  • Excellent understanding ABB financial, business process and structure is preferred.
  • Good command of Chinese and English.
  • Skilled at office software, ERP system; SAP experience is a plus.
  • High potential on managerial direction, strong will of development and fast learner.
  • Easy going, optimistic, patient, persevering, good inter-personal skills, with result orientation and customer orientation.

Benefits

  • Life insurance
  • Disability insurance
  • Accident insurance
  • Sick pay
  • Meal allowance

More about us

We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com. Work model: remote #LI-remote Work model: hybrid #LI-hybrid Work model: on site #LI-onsite

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Confirmed 5 hours ago. Posted 30+ days ago.

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