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Finance Manager - Product Costing

Role overview

Summary

This role focuses on defining and implementing product costing frameworks across ABB's Electrification Smart Power Division. You will act as the global costing authority, ensuring alignment of costing practices and methodologies across various operational models while supporting local teams in their implementation efforts.

Qualifications

  • Degree in Finance, Accounting, Business Administration, Industrial Engineering, or related discipline.
  • Minimum 7 to 10 years of experience in product costing, manufacturing controlling, or operations finance within a global industrial manufacturing environment.
  • In-depth understanding of diverse manufacturing archetypes: MTS, MTO, CTO, and ETO.
  • Strong practical knowledge of SAP CO-PC, material master costing views, BOM/routing integration, and overhead allocation logic.
  • Fluent in English, with strong stakeholder communication, influencing, and advisory skills.

Responsibilities

  • Define, implement, and govern standard product costing frameworks across the ABB Electrification Smart Power Division globally.
  • Ensure transparency in production costs, costs of goods sold, and production variances.
  • Drive variance analysis standards to support operational decision-making and margin management.
  • Train, coach, and guide local controllers and plant finance teams to ensure adoption of standard costing practices.

Key facts

Hard skills

Other skills

  • Communication
  • Collaboration

About the company

ABB Solutions, Inc logo

ABB Solutions, Inc

  • Industrial Automation & Controls
  • Large
  • 10,001+
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com Privacy notice & house rules: https://social.abb/social-media-information Before applying for a job at ABB , please read our Fraud Warning: https://careers.abb/global/en/fraud-warning

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Job description

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.

This position reports to:

Finance Transformation Manager, ELSP

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We are seeking a highly motivated Finance Manager - Product Costing. The Product Costing Manager defines, implements, and governs standard product costing frameworks across the ABB Electrification Smart Power (ABB ELSP) Division globally.

This role ensures consistent costing methodology across diverse operational models, including Make to Stock (MTS), Make to Order (MTO), Configure to Order (CTO), and Engineer to Order (ETO). The role acts as the global costing authority, driving alignment across local units and supporting local and division teams through the design and implementation journey.

The successful candidate might also be required to coordinate and support the design efforts across other ABB Electrification (ABB EL) as part of the DSM journey.

The work model for the role is: hybrid. This is a global position with preference for candidates in Europe.

You will be mainly accountable for:

  • Ensuring transparency in production costs, costs of goods sold and production variances.
  • Serve as the global owner for ELSP product costing guidelines, policies, and master data costing governance.
  • Drive variance analysis standards (purchase price variance, production variances, capacity utilization) to support operational decision-making and margin management.
  • Lead implementation of the defined product costing principles, structures, and calculation methodologies across all ELSP locations, business lines and related ERP environments.
  • Partner with local operating units and finance teams to align local costing practices with divisional standards during the implementation phase (also where needed are aligned via DSM timeline).
  • Provide subject matter expertise on ERP product costing configurations (SAP CO-PC / material ledger) and harmonize costing runs across entities.
  • Train, coach, and guide local controllers and plant finance teams to ensure adoption and continuous compliance with standard costing practices.
  • The selected candidate may also be required to partner with EL Divisions to support design and implementation journey of product costing during the DSM journey.

Qualifications for the role:

  • Degree in Finance, Accounting, Business Administration, Industrial Engineering, or related discipline. Professional certification (CIMA, CMA, CPA) is an advantage.
  • Minimum 7 to 10 years of experience in product costing, manufacturing controlling, or operations finance within a global industrial manufacturing environment. ABB experience is preferred.
  • In-depth understanding of diverse manufacturing archetypes: MTS, MTO, CTO, and ETO, including project-based costing mechanics.
  • Strong practical knowledge of SAP CO-PC, material master costing views, BOM/routing integration, and overhead allocation logic.
  • Working experience with CFIN, SAC, SAP BW, ABACUS, ATLAS, Power BI within ABB or similar environments. Ability in managing mass data by using ABB tools and methodology
  • Experience in finance transformation, process standardization, and change management across cross-cultural global teams is preferred
  • Great team player with level up thinking / collaboration spirit.
  • Fluent in English, with strong stakeholder communication, influencing, and advisory skills.

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.

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