Hub Europe Financial Manager

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This position reports to:

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Hub Financial Manager acts as business partner to the Hub Manager to improve the financial performance of the assigned Local Units across Countries. Supports effective business decisions by monitoring, analyzing, and interpreting financial data to evaluate various business alternatives, recommend and support implementation of the most appropriate business solutions. This role is combined with a Local Finance Manager role within the same business. This role is contributing to the Low Voltage Switchgear System Business Line (BL LVS 3101) in Europe. Main stakeholders are the Hub Manager Europe, the local BL Manager and the Global Business Line Financial Manager.

The work model is hybrid #LI-hybrid. This is regional role; preferred location is Dalmine, Italy.

Key Responsibilities:

• Contributes as key partner for the Hub Manager in determining and developing the execution model for the Hub in alignment with the BL strategy.
• Translates financial position into realistic forecasts and establishes actions and measurable targets to enhance financial return. Manages the forecasting process for the Hub, evaluates financial implications, builds scenarios, and recommends actions.
• Monitors the financial performance of the Hub, provides insight and analysis to support operational decision making. Identifies issues and supports management on action plans to drive appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital.
• Assesses commercial and financial risks, defines and follows actions to mitigate impact on business performance. Supports the risk management process, regarding tender calculations (full cost model), project cash flow and exposure analysis including foreign exchange, risk and opportunity assessments (incl. inflation and currency fluctuations) and other commercial items.
• Ensures transparency in financial reporting and disclosures. Supervises the adherence to Internal Controls (SOX) to secure correctness of financial reporting (Atlas / ABACUS) following the applicable Group, Division and Country standards, regulations, and guidelines (incl. A&RP and USGAAP). Supports the remediation of identified deficiencies (GRCM) within the area of responsibility
• Leads, provides guidance, and facilitates best practice sharing between Local Finance Managers within the Hub in consistency with controlling practices within the BL. Ensures timely and efficient communication with relevant Local Finance Managers, Finance Group functions and other internal functions to identify areas for continues improvement.
• 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 (A&RP and USGAAP) and financial closing schedules.
• Supports the development, staffing, and direction of the Finance Organization in collaboration with HR Business Partners, leadership team and BL Finance Management.

Qualifications for the role:

• Master’s or Bachelor’s degree in Economics or in Business Administration, or similar level.
• Minimum of 8 years of experience in business finance management with P&L responsibility.
• Experience in a project business environment.
• Desired experience in industrial medium to large multinational companies as well as solid US GAAP knowledge.
• Solid collaboration and managerial skills, team-player
• Willingness to travel (appr. 20%) and to support positive changes in a changing environment.
• Solid SAP (R/3, Hana) knowledge and MS Office skills.
• Excellent written and spoken English skills, additional language(s) is of advantage.

Compensation Package

As part of our commitment to transparency, we want to share the compensation details for this position:

Applicable CBA: Metalmeccanico

Minimum annual salary: € 67.000

Variable Pay: AIP target 15% + Eligible for Company Productivity Bonus

The offer will be tailored based on your role location, experience, skills and qualifications, internal market positioning and alignment with ABB internal standards.

This opportunity is open to candidates in one or more countries covered by the European Pay Transparency Directive. The final work location will depend on the selected candidate. As pay may vary by location, compensation details will be shared with candidates who progress to the first interview stage.

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.