Hitachi Energy India
Hitachi Energy India | Senior R&D Controller - CP&O
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Job Highlights
Responsibilities
- We are looking for a highly motivated Senior R&D Controller to join our Technology Services team and play a critical role in enabling strategic research and development investments through strong financial leadership.
- In this role, you will serve as a trusted financial business partner to global R&D leaders, providing financial planning, performance management, and decision-support capabilities across a diverse portfolio of innovation initiatives.
- This position offers the opportunity to work with global teams, contribute to cutting-edge technology development, and influence strategic decision-making at an international level.
- You will have exposure to senior stakeholders across regions, including collaboration with teams in Sweden and other global locations, while supporting innovative R&D programs that drive business growth and technological advancement.
- You will be responsible for driving financial transparency, optimizing resource utilization, and ensuring that R&D investments align with business objectives and long-term growth strategies.
- Lead budgeting, forecasting, long-range planning, and financial performance management activities for R&D functions.
- Partner with R&D leadership and project teams to provide financial insights that support strategic investment and resource allocation decisions.
- Monitor and control R&D project expenditures, ensuring alignment with approved budgets while identifying cost optimization opportunities.
- Perform financial modeling, scenario planning, business case evaluations, and investment analysis to support innovation initiatives.
- Analyze business performance against budgets and forecasts, identifying key drivers, risks, opportunities, and recommending corrective actions.
- Develop executive-level financial reports, dashboards, and presentations that enable informed business decisions.
- Support month-end, quarter-end, and year-end closing activities while ensuring accurate financial reporting and compliance.
- Drive process improvements, automation, standardization, and enhanced reporting capabilities to improve operational efficiency and financial visibility.
- Collaborate effectively with global stakeholders and leadership teams, building strong partnerships across functions and geographies.
- Working in a dynamic international environment, you will collaborate closely with cross-functional stakeholders, project managers, engineering leaders, and global finance teams to deliver insightful analysis, robust forecasting, and strategic recommendations.
Your background
- Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA, CA, CPA, CMA, or equivalent professional qualification preferred.
- 5-8 years of experience in Financial Planning & Analysis (FP&A), Financial Controlling, Business Finance, or related finance functions.
- Experience supporting R&D, engineering, project, technology, manufacturing, pharmaceutical, or product development organizations.
- Strong expertise in budgeting, forecasting, variance analysis, financial reporting, project controlling, and business performance management.
- Advanced knowledge of SAP and ERP systems, along with strong proficiency in Microsoft Excel, Power BI, PowerPoint, and financial reporting tools.
- Proven capability in financial modeling, investment analysis, decision support, and strategic business partnering.
- Experience working with global stakeholders and cross-functional teams in a multicultural environment; must have experience collaborating with international teams.
- Excellent analytical, communication, stakeholder management, and presentation skills, with the ability to influence senior leadership and operate effectively in a fast-paced environment.
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.
