ABBFinancial analyst and project controller
ABB is hiring a Financial analyst and project controller in Beijing, China. Level rates it ; you can apply on ABB.
Level's read on this job
- Little AI ●○○○ is how Level rates this finance role: aI is not part of the work.
- Tools and skills the posting cites include ERP, financial analysis and project controlling.
- Level classifies it as a mid-level role.
- Level lists 2,200+ other open roles at ABB.
AI in this role
Responsible for project financial controlling, budgeting, cost management, and manufacturing unit cost planning.
At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.
This position reports to:
Finance Manager__
Responsibilities:
A. Project Controlling (60-70%)
- Project Risk Review: Identify and assess project financial and operational risks; Support PM/M&S to develop risk mitigation strategies and contingency plans.
- Project Budget and Cost Management: Develop and maintain project budgets and financial plans; Monitor project spending against approved budgets.
- Project Execution Review: Track project financial performance and KPIs; Conduct regular project performance reviews and variance reporting according to project review policy; Conduct post-project financial reviews and lessons learned documentation.
- Project Reporting and Analysis: Prepare comprehensive project financial reports for management and stakeholders; Escalate critical issues and variances to management.
B. Product Cost Controlling (30-40%)
- Product Cost Planning: take lead of a small scale manufacturing unit cost yearly plan, calculate OH/labor yearly rate, and update full cost model.
- Product Standard Cost Monitor:Review and validate product standard costs, track cost changes, and collaborate with product specilist for the cost accuracy.
- Cost Optimization:Recommend and implement cost reduction strategies and value engineering initiatives.
- Supplier Cost Management:Monitor and control supplier costs, negotiate contracts, and track supplier performance.
- Cost Accounting:Maintain accurate product cost records and ensure compliance with accounting standards; oversight ERP cost accounting accuratcy.
- Cost Reporting: Prepare regular product cost reports and variance analysis for management.
A. Project Controlling (60-70%)
- Project Risk Review: Identify and assess project financial and operational risks; Support PM/M&S to develop risk mitigation strategies and contingency plans.
- Project Budget and Cost Management: Develop and maintain project budgets and financial plans; Monitor project spending against approved budgets.
- Project Execution Review: Track project financial performance and KPIs; Conduct regular project performance reviews and variance reporting according to project review policy; Conduct post-project financial reviews and lessons learned documentation.
- Project Reporting and Analysis: Prepare comprehensive project financial reports for management and stakeholders; Escalate critical issues and variances to management.
B. Product Cost Controlling (30-40%)
- Product Cost Planning: take lead of a small scale manufacturing unit cost yearly plan, calculate OH/labor yearly rate, and update full cost model.
- Product Standard Cost Monitor:Review and validate product standard costs, track cost changes, and collaborate with product specilist for the cost accuracy.
- Cost Optimization:Recommend and implement cost reduction strategies and value engineering initiatives.
- Supplier Cost Management:Monitor and control supplier costs, negotiate contracts, and track supplier performance.
- Cost Accounting:Maintain accurate product cost records and ensure compliance with accounting standards; oversight ERP cost accounting accuratcy.
- Cost Reporting: Prepare regular product cost reports and variance analysis for management.
Required Qualifications
Bachelor's degree in Finance, Accounting, or related field.
4-5 years above of experience in production cost control, and/or project financial management.
Strong knowledge of project management principles, cost accounting, and risk management.
Proficiency in Excel, financial software, and ERP systems.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal abilities.
Attention to detail and accuracy.
Preferred Qualifications
Project Management Professional (PMP) or similar certification as a plus.
Certified Management Accountant (CMA) or similar credential as a plus.
Experience in manufacturing, engineering, or industrial sectors.
Knowledge of SAP, Oracle, or similar enterprise systems.
Experience with project management software.
Skills Required
Financial analysis and reporting.
Cost control and variance analysis.
Project accounting and financial management.
Risk assessment and management.
Stakeholder communication and presentation.
Problem-solving and decision-making.
Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. That's why we welcome people from all backgrounds and experiences.
Ready to make an impact?
Apply today or visit https://www.abb.com to learn more about the impact of our solutions across the globe.
How we rate this
Financial analyst and project controller at ABB rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Also common in finance jobs at this level
Pay
- Typical finance job
- $105k
This posting doesn't list pay. Use the typical finance figure when pay comes up. See finance jobs
Questions you could be asked
- Tell me about a project where financial analysis was part of your work. What did you do?
- Tell me about a project where project controlling was part of your work. What did you do?
- Tell me about a project where cost accounting was part of your work. What did you do?
- Tell me about a project where budgeting was part of your work. What did you do?
- Tell me about a project where risk management was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Financial Analysis, Project Controlling, Cost Accounting, Budgeting, and Risk Management. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
Get your CV reviewed before you apply
Send your CV and the role you want next. Your review arrives by email within 3 days.
Get new finance jobs by email
One email a week, each job rated for how much AI is in the work. No recruiter spam, unsubscribe in one click.
Free.
Similar roles
Finance roles that involve little AI, at other companies.
What kind of AI work fits you?
Answer 12 practical questions in about three minutes. Get a simple profile, the work it points to, and live roles to explore next.
Find my next step