Hitachi Energy India
Hitachi Energy India | Project Controller - CP&O
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Job Highlights
Responsibilities
- As a Project Controller, you will serve as a trusted financial and commercial partner to Project Managers, Lead Project Controllers, Regional Operations Managers, and Business Leaders, ensuring the successful financial execution of EPC and project-based business portfolios.
- In this high-impact role, you will influence key business decisions through financial insights, project performance analysis, and proactive risk mitigation.
- You will collaborate closely with cross-functional stakeholders across Project Management, Operations, Planning, Supply Chain, Commercial, and Finance functions to ensure successful project delivery while safeguarding compliance, profitability, and customer commitments.
- This position offers an excellent opportunity to develop expertise in project finance, commercial management, contract execution, and business partnering while contributing to projects that accelerate the global energy transition.
- You will provide leadership across multiple projects by driving profitability, forecasting accuracy, working capital optimization, governance, risk management, and commercial excellence throughout the project lifecycle.
- Partner with Project Managers, Operations Leaders, and key stakeholders to provide financial and commercial guidance across multiple EPC and project-based assignments.
- Develop and manage project financial execution plans, including budgeting, forecasting, revenue recognition, billing strategies, taxation considerations, and cash flow planning.
- Drive project financial performance through effective cost control, profitability optimization, revenue realization, and working capital management.
- Perform accurate cost-to-complete analysis and ensure timely project forecasting throughout the project lifecycle.
- Lead financial governance activities and participate in project reviews and management reviews to ensure alignment of financial objectives and project performance.
- Identify, assess, and mitigate commercial, contractual, financial, operational, and execution risks through proactive contingency planning.
- Support contract execution, claims management, supplier back-charges, insurance cases, and other commercial management activities.
- Monitor foreign exchange exposure, guarantees, bonds, and taxation requirements to protect business interests and support informed decision-making.
- Collaborate with project controls, planning, supply chain, finance, and operational teams to deliver data-driven insights and improve project outcomes.
- Ensure compliance with corporate governance standards, internal controls, integrity requirements, and regulatory obligations.
- Contribute to continuous improvement initiatives and support the adoption of digital tools, analytics, and automation to enhance business performance.
- Use of Al and automated tools in recruitment
Your background
- CA, CMA, MBA (Finance), or Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
- 3-5 years of experience in Project Controlling, Commercial Finance, Project Finance, Project Accounting, or Finance Business Partnering roles.
- Hands-on experience supporting EPC, engineering, infrastructure, energy, industrial, or other project-driven organizations.
- Strong understanding of project accounting, cost control, budgeting, forecasting, revenue recognition, financial reporting, and project lifecycle management.
- Experience in contract management, claims administration, commercial governance, risk assessment, and contingency management.
- Knowledge of cash flow management, working capital optimization, taxation, foreign exchange exposure, guarantees, and bonds.
- Strong analytical and problem-solving skills with the ability to convert financial insights into actionable business recommendations.
- Experience participating in project reviews, management reviews, and cross-functional performance discussions.
- Proficiency in SAP, advanced MS Excel, and exposure to Power BI or other reporting and analytics tools is preferred.
- Excellent stakeholder management, communication, and influencing skills with experience working in global and matrix organizations.
- Proficiency in spoken and written English.
- By joining our team, you will work alongside passionate experts on challenging and rewarding projects that support the transition toward a more sustainable, flexible, and secure energy landscape.
About the company
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.
