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ELDS Factory Business Controller, Selmer

Full time ABB Careers in Accounting & Finance Email Job
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Job Detail

  • Offered Salary 1000
  • Experience 5 Years
  • Gender Male
  • Industry Management
  • Qualifications Degree Bachelor

Job Description

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.

ABB Distribution Solutions are a global leader in power distribution solutions, delivering pioneering low and medium-voltage innovations and services. We care about your tomorrow, providing solutions for a smarter, safer, environmentally friendly and more reliable flow and distribution of electricity.

One of the reasons for ABB’s success is our rigorous and forward thinking Finance function. With more than 3,600 people in over 100 countries, the integrated Finance organization delivers the insights we need to make successful, long-term business decisions.

The role reports to Business Controller and is located in Selmer, Tennessee. As a ELDS (Electrification Distribution Solutions) Factory Business Controller, need to act as a business partner to a factory manager to develop a business model and optimize financial performance within an assigned factory/site. 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. Drive definition and implementation of standards and business specific guidelines in financial control processes.

Your responsibilities

  • Strategy: Contributes to the definition of the strategy for the business unit. Serves as the key partner for the relevant business leader in determining strategy for area of responsibility, aligning with wider strategy, implementing and making adjustments in implementation as needed. Maintains constant contact with relevant other managers and Controllers regarding financial, market and customer situation 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. Special focus areas: product/business line profitability, product costing, production variances, over/under-absorption analysis/inventory analysis, incl. cycle count results.
  • Risk management: Assesses business risk exposure and defines risk mitigation strategies to reduce impact on business performance. Ensures risk management processes are consistently implemented in own area of responsibility. Identifies and communicates commercial and financial risks and opportunities from business propositions.
  • 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 Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.

Your background

  • Bachelor’s degree / Professional Degree in finance or related field with a minimum of 8 years of controlling/finance experience working, or alternatively, a special combination of education and experience and/or demonstrated performance and results; in the areas of business, finance, operational/manufacturing controlling and accounting required.
  • A minimum of five (5yrs) years supervising others in a controller team required.
  • Candidates must already have a work authorization that would permit them to work for ABB in the US.
  • Demonstrated knowledge of Microsoft Office software applications and SAP or any other ERP.
  • Demonstrated knowledge in the understanding & interpreting complex project commercial Terms & Conditions, preparing Project Full cost model, Project Cashflow management, etc.
  • Excellent English writing and verbal skills.
  • Strong leadership and interpersonal skills preferred.
  • Ability to manage multiple tasks with varying due dates.
  • Must be able to communicate complex financial subjects to upper management.
  • Ability to manage multiple tasks with varying due dates.

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