Exciting Job Opportunity at ABB for Finance Specialist/Finance Controller Roles . Bachelor’s or master’s degree in Accounting, Finance or Commerce candidates can apply for these.
Table of Contents
The complete details of this jobs are as follows :
- Company – ABB
- Role –Finance Specialist/Finance Controller
- Qualification –Bachelor’s or master’s degree in Accounting, Finance or Commerce
- Experience –0-3
- Location –Bangalore/Vadodara
- Salary –3 LPA – 5 LPA
ABOUT COMPANY
ABB (ASEA Brown Boveri) is a multinational corporation headquartered in Zurich, Switzerland. With a history dating back to 1988, when it was formed through the merger of ASEA and BBC Brown Boveri, ABB has become a global leader in technology solutions.
The company offers a diverse range of products and services across several industries. ABB is widely recognized for its expertise in robotics and automation, providing industrial robots that are known for their precision and reliability. These robots are extensively used in manufacturing processes around the world.
ABB also specializes in power grids and plays a significant role in the power transmission and distribution sector. Its portfolio includes transformers, substations, high-voltage DC systems, and grid integration solutions for renewable energy. By delivering efficient and reliable power solutions, ABB contributes to the stability and sustainability of electrical networks.
In the field of electrification, ABB offers a comprehensive array of products and solutions. These include low- and medium-voltage electrical equipment, charging infrastructure for electric vehicles, and smart building solutions. ABB’s electrification offerings aim to meet the growing demand for sustainable and efficient energy usage.
Sustainability is a key focus for ABB. The company has set ambitious environmental goals and strives to minimize its own carbon footprint while helping customers reduce their environmental impact. ABB actively develops energy-efficient technologies and promotes sustainable practices across its operations and supply chain.
With a global presence in over 100 countries, ABB serves customers in various industries such as manufacturing, utilities, transportation, and infrastructure. It continues to innovate and adapt to emerging technologies, driving advancements in areas such as digitalization, artificial intelligence, and the Internet of Things (IoT).
For the most up-to-date and detailed information about ABB’s products, services, and initiatives, it is recommended to visit the official ABB website or refer to their latest reports and publications.
What You Will Be Doing As An Finance Specialist
- Managing Master data. Reviewing and clearing customer account
- Performing general ledger account reconciliation [AR accounts]
- Analyzing of open credits and applying it against appropriate open AR item
- Preparing MIS for management reviews. Performing AR monthly closing activities
- Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues
- Establishing and maintaining effective and cooperative working relationships with business controllers
What You Will Be Doing As An Finance Controller
- Support the respective Controllers and the Country CFO in reaching their targets regarding Internal Control over Financial Reporting (ICoFR) including identification, review and follow ups on the status of ICoFR and remediations.
- Drive the adherence to and local implementation of all relevant aspects of the ABB Governance Framework especially including Corporate and Business Regulations, Authorization Tables set by Corporate and Business as well as related instructions set by Business IC Manager Motion.
- Prepare action plans for improvements of the internal control framework in cooperation with the respective Controllers and the Country CFO, process and control owners, Global Business Service (GBS) organization, support and follow up on implementation.
- Drive to enhance the transparency, knowledge, and maturity level in the business regarding risk and control and the recognition of the benefits of controls, process understanding and the interfaces to other risk management activities in order to maintain a robust control environment.
- Support the organization in fulfilling statutory role requirements for internal controls in India as needed
- Support and drive implementation of process and control design enhancements to standardize processes and controls (in coordination with Global Finance Process Owners) to simplify and rationalize the control environment.
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SKILL REQUIRED FOR job
- Financial Management: A strong understanding of financial principles, accounting practices, and financial analysis is crucial. This includes knowledge of budgeting, forecasting, financial reporting, and financial statement analysis.
- Strategic Planning: Finance Controllers need to align financial goals with the overall strategic objectives of the organization. They should possess the ability to contribute to strategic planning, evaluate financial risks and opportunities, and provide recommendations to improve financial performance.
- Leadership and Team Management: Finance Controllers often lead a team of finance professionals. Strong leadership skills, including the ability to motivate and guide team members, delegate tasks effectively, and foster a collaborative work environment, are crucial.
- Risk Management: A Finance Controller should have expertise in identifying, assessing, and managing financial risks. This involves knowledge of risk mitigation strategies, internal controls, and compliance with relevant regulations and laws.
- Financial Analysis: Proficiency in financial analysis is essential for a Finance Controller. This includes the ability to interpret financial data, perform financial modeling, analyze variances, and provide insights into the financial health of the organization.
- Technology and Analytical Skills: Proficiency in financial software and systems is important for efficient financial management. Finance Controllers should be comfortable working with spreadsheets, financial management software, and data analytics tools to analyze financial data and generate meaningful reports.
- Communication and Presentation: Finance Controllers need to communicate complex financial information to various stakeholders, including senior management, board members, and external parties. Strong communication and presentation skills are essential to effectively convey financial insights, strategies, and recommendations.
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HOW TO APPLY FOR ABB 2023 ?
To apply for the ABB 2023 Off Campus Drive – interested candidates must follow the procedure outlined below:
- Click on the “Apply here” button provided below. You will be redirected to ABB company official career page.
- Click on “Apply Online”.
- If you have not registered before, create an account.
- After registration, login and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Provide accurate information in your application.
- Verify that all the details entered are correct.
- Submit the application process after verification.
INTERESTED CANDIDATES CAN APPLY THROUGH THE BELOW LINK
Finance Specialist Role – Bangalore
Accounting & Data Analyst Role – Vadodara
ABB– Frequently Asked Question ?
What is the ABB selection process?
The selection process will be based on a Written test followed by Technical and HR interviews.
What is the average salary for the post?
The average salary is 3 LPA- 5 LPA for the this role.
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DISCLAIMER:
The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.
