Fp&a Specialist – Factory Controlling (costing Focus)

Year    KA, IN, India

Job Description

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we'll give you what you need to make it happen. It won't always be easy, growing takes grit. But at ABB, you'll never run alone. Run what runs the world.


This Position reports to:


Financial Planning & Analysis Manager

Job Summary:




We are looking for an experienced FP&A Specialist to support factory controlling activities with a strong focus on product costing and cost analysis. This role will work closely with the Local Division Controller and cross-functional teams to ensure accurate product costing, variance analysis, and reporting that support operational and strategic decision-making at the factory level (Peenya Location). Job will also involve performing monthly closing activities for reporting & financial planning activities like budgeting & forecasting for the business unit.

Main Accountabilities:



Factory Cost Controlling and Analysis




Perform product costing and variance analysis using SAP


Collaborate with manufacturing, supply chain, and engineering teams to understand cost drivers and ensure accuracy in cost allocations. Monitor standard costs, identify deviations from actuals, and provide actionable insights. Support inventory valuation and cost of goods sold (COGS) analysis

Financial Planning & Analysis




Support budgeting and forecasting for manufacturing cost elements, including material, labor, and overhead. Prepare financial analyses to assess the impact of operational changes on cost structure and profitability.


Assist in developing and implementing cost-saving initiatives in coordination with plant operations

Management Reporting




Generate and present regular cost center and product-level reports to stakeholders


Ensure accurate and timely reporting of manufacturing KPIs and cost performance metrics


Support accounting & reporting for monthly LBU closing to have accurate reporting

Improvement Initiatives




Drive continuous improvement in cost controlling processes


Support digitalization and automation efforts in cost reporting and factory finance processes

Collaboration & Communication




Serve as a key liaison between finance and operations teams to ensure transparency and alignment. Coordinate with Group FP&A, local finance, and controlling teams for reporting and compliance purposes

Qualifications:



Bachelor's degree in finance, Accounting, or related field & professional certification (e.g., CMA, CA, CIMA) is a plus 3-5 years of experience in factory controlling or manufacturing finance, preferably in a global industrial organization Strong working knowledge of SAP, especially costing-related transactions. Experience in standard costing, variance analysis, and cost optimization Proficient in Excel and data visualization/reporting tools (Power BI preferred) Strong analytical skills, attention to detail, and ability to work independently. Excellent communication and cross-functional collaboration skills


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Job Detail

  • Job Id
    JD3973775
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year