Business Controller
At 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 Senior Operations Finance Manager.
Your role and responsibilities include:
- Strategy: Serves as the key partner for the relevant business leader in determining strategy for area of responsibility, aligning with the wider Division strategy, implementing and making adjustments in implementation as needed. Maintains consistent communication with other leaders regarding operations, financial, market and customer situations and outlook.
- Business Planning and Forecasting: Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager. Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions.
- Business Performance and Decision Support: Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital.
- Risk Management: Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure.
- Financial reporting and business information: Establishes and oversees processes and tools necessary to obtain transparent and reliable financial data and business information. Ensures high quality of financial data and business information in line with defined standards and financial closing schedules.
- Internal controls and compliance: Ensures transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations and guidelines. Supports internal and external audits.
- Communication with internal stakeholders: Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center and other internal customers to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility.
- People leadership and development: Ensures (with HR Business Partner support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.
Our team dynamics You will join a dynamic, talented, and high performing team, where you will be able to thrive.
Qualifications for the role include:
- Bachelor's degree in business administration, finance or accounting is required.
- Should have minimum 12 years of experience or advanced theoretical with 10 years of experience. At least 3 years of experience in a senior Finance role related to Plant / Operations is required.
- Travel required - 5%
- Candidates must already have a work authorization that would permit them to work for ABB in the US.
ABB Installation Products Division helps manage the connection, protection and distribution of electrical power from source to socket. The Division's products are engineered to provide ease of installation and perform in demanding and harsh conditions, helping to ensure safety and continuous operation for utilities, businesses and people around the world.