Project Controller

6 days ago


Bengaluru India Hitachi Energy Full time

Job Description

Mission Statement

Act as business partner to the Project Controllers, Project Managers & Local Business Controllers, responsible for all financial and commercial matters and actively driving the project's performance.

Your Responsibilities

- Project execution: Prepares a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc.). Taking accountability and supports on project invoicing, manages currency risk, tax issues, bonds, and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, Revenues and GM contribution together with Senior Project Controllers / Project Managers as needed.
- Monitoring and review: Establishes project governance process. Participates in opportunity/risk identification ensure that all required mitigation actions are timely implemented. Drives, co-ordinates and prepares monthly project reviews jointly with the SPC / PM. Reviews and has joint responsibility for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted Revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling
- Commercial terms: Promotes commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers)
- Compliance & Internal Control: Follows up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions. 2/2 Drives, setup, and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects Ensure that the financial information reported in EPIC / ProMIS and taking initiative in implementing new tools and process. Living core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business.
- Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your Background

- 2-5 years of Project Controlling experience MBA (Finance), CA, ICWA preferred.
- High Level working knowledge in SAP HANA / ECC 6: PS, FICO, MM & SD modules.
- Well versed with MS Office, SAP, ERP, Business Intelligence reports and Internet Applications.
- Required to have strong communication and ability to drive overall project performance.
- Proven ability to work at a high degree of teamwork and group synergy.
- High sense of responsibility, commitment & effective communicator.
- Proficiency in both spoken & written English language is required.

Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future through innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives.

With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time balancing soaring electricity demand, while decarbonizing the power system.

Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD. We welcome you to apply today.


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