Hitachi Energy India | Finance Controlling Analyst - CP&O

Responsibilities

• Join the Controlling Practice and Operations (CP&O) team as a Finance Analyst based in Bengaluru.
• In this role, you will support manufacturing sites and business units by driving costing, financial planning and analysis, and controlling activities, providing insights that drive operational performance and achieve business objectives.
• This role offers the opportunity to work at the intersection of finance, operations, and business partnering, with broad exposure to global manufacturing finance and collaboration across Hitachi Energy.
• Ideal for an analytical and self-driven finance professional, the position provides opportunities to deepen expertise in SAP FICO, FP&A and performance management, while contributing to continuous improvement initiatives within the Controlling Capability Centers
• Analyse business performance against budget and forecast, identify key drivers and trends, and provide value-adding insights to local factory, business, and hub controllers.
• Review orders received, order gross margin, backlog, and backlog gross margin, including reconciliations and monthly reporting.
• Assess monthly income statement performance before closing and explain deviations in revenue, margins, overhead absorption, and other key results.
• Deliver actionable profitability analysis at product and customer levels through SAP CO-PA (KE24/KE30), enabling performance evaluation and decision support within MTO (Make to Order) and MTS (Make to Stock) business models.
• Analyze balance sheet movements, inventories, networking capital, capital expenditure, and cash flow, and recommend actions where required.
• Prepare recurring management and corporate reports in line with the reporting calendar and support planning, budgeting, and forecasting activities.
• Validate financial data through reconciliations and exception reviews, and support internal controls, SOX, statutory audits, and internal audits.
• Analysis of Cash in and Cash Out Direct Method and Indirect method.
• Support preparation of relevant organization financial reporting, business planning, budgeting, and forecasting.
• Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions.
• Improve productivity and service quality by automating solutions, eliminating duplicate work, standardizing reports and processes, and adhering to Controlling Capability Centers KPIs.

Your background

• 2 to 4 years of experience in financial planning and analysis; manufacturing industry experience is preferred.
• Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis.
• Hands-on experience with SAP FICO and CO-PA, understanding of SAP SD, PP, MM, and PS is preferred.
• Proficiency in Microsoft Office tools, particularly Excel and PowerPoint.
• Strong analytical and critical-thinking skills, with the ability to solve problems independently and meet strict deadlines.
• Effective communication and presentation skills, with proficiency in spoken and written English.
• Demonstrated ability to use AI and digital tools to improve problem-solving, decision-making, and productivity while ensuring accuracy, compliance, sound judgment, and accountability for outcomes.
• Hitachi Energy offers exposure to diverse business units and opportunities to advance process standardization, automation, continuous improvement, and service quality across the organization.

Hitachi Energy India Limited

Headquartered in Bengaluru and listed on the NSE and BSE, Hitachi Energy India Limited is the Indian arm of Hitachi Energy, the Zurich-based power technology company in the Hitachi group. The business began in 1949 as Hindustan Electric and later carried the names Hindustan Brown Boveri, ABB Power Grids and Hitachi ABB Power Grids before taking its present name. Its first factory opened in Vadodara in 1962, and three manufacturing locations in Gujarat make most of its range, which includes power and traction transformers, HVDC links and power automation for metro rail. India also hosts shared services and a global technology and innovation centre.

Many of Hitachi Energy's finance roles in India belong to its Controlling Practice and Operations (CP&O) teams in Bengaluru, Chennai, Hyderabad and Pune. The work covers FP&A, cost accounting, plant, project, R&D and HVDC tender controlling, SAP S/4HANA finance business partnering, record-to-report and revenue accounting, direct tax, internal audit and internal control, and payroll for India and other regions. Postings often ask for a CA or CMA, qualified or semi-qualified, or an MBA in Finance; several accept CA Inter or M.Com, and audit and control roles name CPA, CIA or CISA.

• Industry: Power and grid technology: transformers, HVDC systems, power automation and related services
• Headquarters: Zurich, Switzerland (Hitachi Energy Ltd, part of the Hitachi group of Japan); Hitachi Energy India Limited is headquartered in Bengaluru
• In India: Hitachi Energy India Limited, listed on the NSE (POWERINDIA) and BSE (543187), with its head office in Bengaluru, manufacturing in Gujarat (including Vadodara), and finance teams in Bengaluru, Chennai, Hyderabad and Pune