Project Cost Controller

Hitachi, Ltd.; Toronto; On-site; CAD 85,000 - 100,000; Full time

Benefits offered by this job

Health insurance

Dental coverage

Vision coverage

Retirement plan with company match

3 weeks vacation

Life insurance

Job summary

Hitachi Rail is seeking a Chief Financial Officer for a major project, providing financial leadership, cost control, and reporting within the PMO. You will oversee treasury, invoicing, and forecasting while ensuring compliance with internal controls and contractual terms.

The role requires 5+ years in accounting/finance, a commerce/accounting degree, and professional designation (CMA/CGA) or MBA. Experience with SAP and MS Office is essential, with a focus on long-term project accounting.

Qualifications

• 5 years’ accounting/finance experience, project-oriented preferred.
• Bachelor's degree in commerce or accounting, with a professional designation.
• Experience with long-term project accounting and governance.
• Strong interpersonal and communication skills; team collaboration.
• Proficiency in SAP and Microsoft Office applications.

Responsibilities

• Act as Chief Financial Officer for the project and provide financial leadership.
• lead cost control and project financial management functions.
• Produce monthly project reports and forecasts.
• Manage treasury, cash flow, and foreign exchange exposure.
• Coordinate billing, contract changes, and financial data analysis.
• Support external audits and maintain internal controls.

Skills

Financial leadership

Project accounting

Interpersonal skills

Education

Bachelor of Commerce or BA (Accounting)

Professional Accounting Designation (CMA or CGA)

MBA

Tools

SAP

Excel

Word

Job description

About Us

A career at Hitachi Rail will help create a legacy. With operations in every corner of the world, our work goes to the cutting-edge of digital transformation and technology. From the multi-cultural strength of our global organisation to the sustainable and innovative ways we work to bring people together, there’s something for everyone to get stuck into. And that’s where you come in.

Job Description

Act as the ‘Chief Financial Officer’ of the project and provide financial leadership to the project team. Represent Finance within the PMO organization and support Project Management for economical, financial, and administrative tasks. Perform cost control and project financial management functions. Compile Hitachi Rail accounting and internal control processes, and deliver timely, reliable, and documented information and reports.

Key Accountabilities:

COMMERCIAL AREA:

• Monitors project progress and identifies commercial opportunities and financial exposure.

• Highlights potential project cost impacts and recommends corrective actions.

• Responsible for contract changes and preparation of related financial data.

• Responsible for claims preparation.

• Interfaces with customers on billings, contract changes, and other commercial matters.

• Ensures project compliance with commercial terms and conditions.

• Provides analytical support during commercial negotiations.

• Performs special project assignments as requested. [Project Co...Controller | Word]

ACCOUNTING & INTERNAL CONTROL AREA:

• Responsible for cost control and compliance with company policy.

• Produces monthly project reports and forecast packages.

• Performs monthly control checks and reconciliations.

• Manages project treasury functions including cash flow and foreign exchange exposure.

• Manages project financial instruments.

• Analyzes and reconciles inventory accounts.

• Develops project budgets and contract change budgets.

• Prepares billing and monitors invoice control.

• Prepares monthly and annual forecasts and budget plans.

• Maintains internal controls and contract documentation.

• Supports external audit requirements.

• Performs project accounting functions and government compliance reporting.

• Reconciles project-specific general ledger accounts

Key Requirements:

• 5 years’ experience in accounting/finance, preferably in a project-oriented business.

• Bachelor of Commerce or Bachelor of Arts (major in Accounting).

• Professional Accounting Designation (CMA or CGA) or MBA.

• Experience in long-term project accounting.

• Good interpersonal skills.

• Knowledge of SAP and Microsoft Office applications such as Excel and Word

Preferred Qualifications:

• Preferred attributes for the position which are not required in the minimum qualifications (e.g., Master's degree)

Base Salary: $84,872 - $100,071.

The Company provides an extensive benefits program for all full-time employees working 24 or more hours per week and their eligible dependents, including the following:

• Health, Dental and Vision plans - 100% of premiums are company-paid

• Retirement Savings Plan with a company match

• Company paid holidays - 3 weeks of vacation

• Company provided Life and accident Insurance, LTD

• Worklife programs such as Flextime and a variety of Development and Training opportunities

This posting relates to an existing vacancy.

Our hiring process uses both human and technology‑assisted (AI) tools to support candidate screening and assessment. All results are reviewed by people, and all hiring decisions are made by people.

At Hitachi Rail, there is a place for everyone. We welcome and value differences in background, age, gender, sexuality, family status, disability, race, nationality, ethnicity, religion, and world view. It is our commitment to create an inclusive environment - we are proud to be an equal opportunity employer.