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Hitachi Energy India

Hitachi Energy India | Finance Fiduciary

Bengaluru, Karnataka · Bachelor’s degree in accounting or finance, CA or ACCA

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Job Highlights

Responsibilities

  • These may include, but are not limited to, enhanced criminal history checks, credit history reviews (where legally permissible), sanctions screening, or other due diligence measures aligned with the responsibilities of the position.
  • Ensuring accounting transactions for Finance and Accounts in a complete, accurate and timely manner while ensuring compliance with IFRS, internal guidelines and procedures and external regulatory requirements.
  • Manage Audit and Internal Control in place.
  • Coordinate reporting among ABACUS, CSS, and local front offices for cluster countries, maintaining registers and mappings of finance fiduciary duties.
  • Provide lease accounting concepts and IFRS treatment.
  • Assist with tax matters, DTA calculation, audit support, and government queries. Support VAT authorities on FI-related transactions.
  • Partner with Front Office and Accounting Managers to define and secure local finance responsibilities.
  • Prepare and compile local GAAP reports, ensure timely filings, and provide information for board meetings, in compliance with legal requirements.
  • Serve as local contact for external auditors.
  • Maintain robust internal controls. Review Analyzer output versus SAP and monitor key KPIs.
  • Coordinate controller queries and re-reporting with CSS.
  • Collaborate during month-end for prompt book closure.
  • Conduct balance sheet reviews, prepare files and MOM, and track actions.
  • Support audits by supplying schedules and reconciliations.
  • Analyze financial results; resolve errors and allocations.
  • Review POC/billing-in-excess reports and IG transactions.
  • Monitor and report AR aging and collections; review CECL calculations.
  • Reconcile HR vs FI with hub, advice on employee accruals and reporting.
  • Use of Al and automated tools in recruitment

Your background

  • Strong collaboration and soft skills.
  • Strong written and verbal communication skills in English.
  • Attention to detail and excellent organizing skills is a must.

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.

  • 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
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