Head of Functional Cost Controlling
@ ABB

Bnei Brak, Tel Aviv District, Israel
$150,000
On Site
Full Time
Posted 1 day ago

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Job Details

About ABB and the Role

At ABB, we help industries outrun - leaner and cleaner. As a global market leader, we empower our teams to drive change and shape the future. The Head of Functional Cost Controlling acts as the Finance Business Partner for ABB Robotics’ Functional Leadership, responsible for managing and optimizing approximately $200M in annual HQ and functional spend across more than 20 Product Groups.

Key Responsibilities

  • Functional Cost Controlling: Lead budgeting, forecasting, and reporting for HQ and functional costs.
  • Spin-Off Readiness: Design and implement carve-out processes and standalone cost reporting.
  • Business Partnering & Insight: Collaborate with leaders to challenge costs and support strategic decisions.
  • Process, Systems & Data Management: Build efficient cost allocation processes and robust data systems.
  • Reporting & Compliance: Establish KPIs, internal controls and management reports for executive decisions.

Qualifications

A university degree in Finance, Accounting or Business Administration, combined with 8-10 years of international finance and controlling experience, including 5+ years in direct cost controlling, budgeting, and forecasting. Proficiency in finance systems such as SAP, Power BI, HFM/Group reporting, and familiarity with US GAAP/IFRS is required. Exceptional analytical, communication, and business partnering skills are essential, along with fluency in English.

What We Offer

This is an exciting career opportunity in robotics with a company transitioning into an independent entity. You can expect hands-on experience, mentorship, and the chance to work alongside world-class experts in a fast-paced environment.

Key skills/competency

  • Cost Controlling
  • Budgeting
  • Forecasting
  • Business Partnering
  • Financial Reporting
  • Spin-Off Management
  • Data Analysis
  • SAP
  • Power BI
  • US GAAP/IFRS

How to Get Hired at ABB

🎯 Tips for Getting Hired

  • Research ABB's culture: Examine values, mission, and recent news.
  • Customize your resume: Highlight finance leadership and controlling expertise.
  • Emphasize technical skills: Detail experience in SAP, Power BI, and cost management.
  • Prepare interview insights: Focus on spin-off and carve-out experiences.

📝 Interview Preparation Advice

Technical Preparation

Review advanced SAP functionalities.
Practice Power BI reporting scenarios.
Study financial forecasting models.
Understand cost allocation processes.

Behavioral Questions

Describe a time balancing divergent stakeholder interests.
Explain a complex finance project you led.
Discuss handling challenging cost control situations.
Share an experience managing tight deadlines.

Frequently Asked Questions