Project Controller

Location:

Vadodara, Gujarat, India

Job ID:

R0107264

Date Posted:

Company Name:

HITACHI ENERGY INDIA LIMITED

Profession (Job Category):

Finance

Job Schedule: 

Full time

Remote:

No

Job Description:

The opportunity

Finance Business Partners advise and support the business in areas related to future state financial performance including: Finance consulting and coaching (e.g., interpreting financial results and measures in the context of business operations). Providing forward looking financial insight on market conditions, competitors, and alternative business scenarios. Improving the quality of internal and external financial data to drive business decision making and performance A Senior Professional (P3) applies advanced knowledge of job area typically obtained through advanced education and work experience. Responsibilities may include: Managing projects / processes, working independently with limited supervision. Coaching and reviewing the work of lower level professionals. Problems faced are difficult and sometimes complex.

How you'll make an impact

• Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process.
• Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager. Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions.
• Provides input to the Project Execution Plan on financial aspects. Prepares project invoices, financial accounting and reporting (including project site accounting). Drives project cash flow and oversees currency risk and tax issues. Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast.
• Participates in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. Supports the Project Manager in coordinating and preparing monthly project reviews. Participates in preparing the project cost report. Verifies the substance for cost to complete.
• Provides support on claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager up-stream (towards customer), side-stream (towards consortia partner) as well as down-stream (towards suppliers).
• Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues, and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital.
• Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure.
• Ensures transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.
• Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center, and other internal customers to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility.
• Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
• 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

• Candidate should hold a Bachelor / Master's degree with relevant work experience
• Proficiency in both spoken & written English language is required

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