Accounting And Reporting Analyst-Payable

This job is with ABB, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we’ll give you what you need to make it happen. It won’t always be easy, growing takes grit. But at ABB, you’ll never run alone. Run what runs the world.

This Position Reports To

Team Lead - Accounts Payable

Processes

• Maintenance of Goods Receipt/Invoice Receipt (GR/IR) accounts to identify root causes and ensure that key issues are resolved whilst keeping track of progress
• Maintenance of Accounts Payable subledger (debit balances, open advances to suppliers, unpaid invoices past due)
• Preparation of the AP Aging report from CFIN and GR/IR report from local ERP in a standardized manner, adhering to ABB policies and procedures, on a monthly basis; circulation of the reports to Divisions/Countries.
• Accrual creation for unposted PO invoices
• Hands on and good awareness of CFIN environment and data flow from source ERP systems
• Very good awareness of SAP MM module (Purchase Order, Goods Receipt creation) leading to effective analysis of Purchase Order so as to review open advances, pending deliveries, open GRs & invoices, etc.
  
  

Compliance

• KPI orientation, by continuous reducing of aged items, sustained follow ups with Divisions for actions pending with them
• Credible representation for audit while providing required data as needed
• Very good awareness of internal control requirements, leading to an objective compliance of Internal Control requirements (Control Performer)
• Very good awareness on and follow global P2P policies and relevant R2R policies (e.g. manual journal policy, balance sheet policy)
• Very good awareness of and follow SOPs, desk top procedures, any training content, periodical review & update the documents as needed.
  
  

Establishing rapport

• Orient/ refresh regularly on soft skills & collaboration aspects amongst teams, such as ability to operate successfully in a multi-cultural environment, empathy to different cultural behaviours, effective oral and written communication skills
• Be receptive to objective feedback from Divisions /Vendors and action them timely
• Act as a role model to more junior colleagues by providing trainings, acting as a back up, promoting desired behaviours
  
  

Example

• Process scope: P2P month end closing activities, i.e. GR/IR analysis, AP aging analysis, accrual creation
• Business coverage: All Divisions
• Geographical coverage: All countries
• Roadmap: Qualitative & stable way of handling of month end closing activities that lends credibility in the eyes of business and audit. Problems to be root caused and remedied, so as to be an enabler for improved processes, aiding Productivity improvements
• Team Size : Individual role
  
  

Challenges

• A cross country team, needing to work with different source ERPs and a mix of local stakeholders
• New process – accrual; requiring understanding of some R2R topics, e.g. manual journal creation
• Dependency/ Overlaps – for issues like PO amendments, Statement of Account etc that entails follow up with business/vendors, since other Global Hub teams & CoE are expected to do regular follow ups, we should be careful not to confuse business/vendors with multiple streams of communication
  
  

Knowledge, Skills And Experience

• Graduate degree in Finance, Business, Economics or equivalent work experience;
• 2 to 5 years of operational P2P experience, including at least 2 year of handling account reconciliation or invoice processing
• Proficiency in business English; flair for other foreign languages in use in global hub environment an asset
• Familiarity with the end to end P2P Process, involving SAP & Workflow tools.
• Very good analytical skills
• Very good team player
  
  

We value people from different backgrounds. Could this be your story? Apply today or visit www.abb.com to read more about us and learn about the impact of our solutions across the globe.

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