Financial Specialist

Westerville, OH

Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.

At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.

You will be working in the Process Automation Process Industries (PAPI), helping to prepare accounting studies and financial reports by completing accounting activities recording financial transactions.

You will handle contract, order entry, set up, invoicing and overall financial aspects of contracts, demand orders and small upgrades as assigned.

Follows the internal procedures on order entry and administration, invoicing and collections in their assigned regions.

Monitors contract financials and involves Regional Management, as necessary, when financial and contract issues arise.

Assist Operations Manager to review revenue forecast and identify activities that need to be completed to maximize the revenue result for the month.

Monitors contract expirations and renewals and requests additional PO’s for subsequent years of a multi year contract including any cost of living adjustments or fixed yearly increases as stated in the contract.

Overall financial responsibilities are within the scope of the Regional Management, however, the FS will also monitor the financials on their assigned contracts and will adjust planned costs as necessary or inform Regional Management of variances and request guidance for adjustments to the contracts as notified.

This position reports to

Supervisor Administration 2

Your responsibilities

Contract reviews and involvement of Service Account Management (SAM) on issues that prevent order entry per ABB procedures: Providing SAM purchase orders when received
Resolving of T&C (Terms and Conditions) issues with SAM
Creation of contract acknowledgement forms and signature as required
FCM (Full Cost Model) Modification as required for booking of multi year sites
Submittal of Cost of Living Adjustments and acceptance as required
Submittal of certificate of insurance as necessary
Credit approval and order entry of contracts in assigned region. Order entry includes: Entry in SAP
Set up of contract hours, parts in SAP
Placing of orders for outside purchase, Sentinel and other applicable items
Movement of proposal to contract in eApprove
Notification of contract service orders to SC and others as necessary
Invoicing: Timely invoicing of contract (automatically, end of month, as completed)
Calculation and submittal to customer of change order requests for time, material, expenses, as needed. Receipt of revised purchase order as necessary
Follow up with customer on payment, involve Regional Management as necessary
Contract Management: The FS will assist Service Center Manager to review Revenue forecast and identify activities that need to be completed to maximize the Revenue
result for the month
Review and adjustment of planned costs as directed by Regional Management and/or upon review of contracts that require above adjustments
Creation of contract extension forms, and customer signature as requested by SAM
Contract closure, adjust planned costs to match actual costs and close related service orders in a timely manner (within 2 months of completion)

Your background

Bachelors degree in a related field and up to 2 years of experience preferred. An equivalent amount of education and/or experience will also be considered
SAP experience a plus
Minimal to no travel may be required
Candidates must have a work authorization that would permit them to work for ABB in the USA

Benefits

Retirement plan
Life insurance
Disability insurance
Accident insurance
Wellbeing program