Head of Functional Cost Controlling @ ABB
placeBnei Brak, Tel Aviv District, Israel
attach_money $150,000
businessOn Site
scheduleFull Time
Posted 6 hours ago
Your Application Journey
Interview
Email Hiring Manager
****** @abb.com
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Job Details
Overview
At ABB, we help industries outrun - leaner and cleaner. As a global market leader, we expect progress from you, your team, and the world. In the role of Head of Functional Cost Controlling, you will act as the Finance Business partner for ABB Robotics’ Functional Leadership. You will be responsible for controlling functional and corporate build-up costs in the spin-off process.
Responsibilities
You will lead key financial activities including:
- Functional cost controlling: Budgeting, forecasting, and reporting of ~$200M annual spend.
- Spin-Off Readiness: Design standalone processes and governance for carve-out allocations.
- Business Partnering: Collaborate with leaders across divisions to challenge costs and provide insights.
- Process, Systems & Data Management: Develop efficient reporting systems and cost allocation processes.
- Reporting & Compliance: Establish KPIs and internal controls to support executive decisions.
Qualifications
The ideal candidate will have:
- A university degree in Finance, Accounting, or Business Administration.
- 8-10 years of international finance/controlling experience.
- At least 5 years of direct experience managing large functional/HQ budgets (~$100M+).
- Proficiency in SAP, Power BI, HFM, and understanding of US GAAP/IFRS.
- Excellent analytical, communication, and collaboration skills.
What’s In It For You
This role offers hands-on leadership in ABB’s Robotics business, which is on track to become an independent company. You will grow your career, work with top experts, and shape the future of robotics through an agile, entrepreneurial environment.
Key Skills/Competency
- Cost Controlling
- Budgeting
- Forecasting
- Reporting
- Financial Analysis
- Spin-Off Readiness
- Business Partnering
- Data Management
- Compliance
- Process Improvement
How to Get Hired at ABB
🎯 Tips for Getting Hired
- Tailor Your Resume: Highlight cost controlling and finance transformation experience.
- Emphasize Technical Skills: Detail SAP, Power BI, and financial reporting tools proficiency.
- Prepare for Behavioral Questions: Showcase strategic and leadership examples.
- Research ABB Culture: Understand ABB’s global impact and innovation in robotics.
📝 Interview Preparation Advice
Technical Preparation
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Review advanced SAP modules.
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Practice Power BI dashboard creation.
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Study corporate finance reporting.
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Learn cost allocation system setups.
Behavioral Questions
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Explain a cost control challenge.
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Describe a strategic spin-off experience.
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Share teamwork under pressure.
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Discuss leadership in complex projects.
Frequently Asked Questions
What finance expertise is required for ABB's Head of Functional Cost Controlling role?
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