Project Financial Controller

H-E Parts; London; On-site; GBP 55,000 - 75,000; Full time

Job summary

Hitachi Rail is seeking a Project Financial Controller in London, responsible for managing financial aspects of projects from forecasting to reporting. The role involves collaboration with global finance teams and regulatory compliance while guiding project cash flows and risks. The ideal candidate is a qualified accountant with strong analytical skills, ready to contribute to a pioneering rail company.

Benefits

Competitive salary

Annual Performance bonus paid on discretionary basis

25 days holiday

Pension scheme with contributions up to 9%

Private medical insurance

Personal Accident insurance

Group Income protection

Group Life Insurance

Employee Assistance Programme

Qualifications

• Qualified accountant with relevant financial qualifications.
• 5+ years of experience in a finance role.
• Honors level degree preferable.

Responsibilities

• Manage Project EACs and cash forecasting for projects.
• Prepare monthly finance reports covering P&L, Balance Sheet, and KPIs.
• Liaise with Finance teams in Japan and Italy for consolidation.

Skills

Advanced Excel Skills

Excellent analytical skills

Excellent inter-personal skills

Education

Qualified accountant – CIMA, ACA, CA, ACCA

Honors level degree preferable

Tools

SAP

Job description

Location:

(HRE) London Ludgate

Job ID:

R0086671

Date Posted:

2025-05-30

Company Name:

HITACHI RAIL LIMITED

Profession (Job Category):

Other

Job Schedule:

Full time

Remote:

No

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:

Your new role

Here at Hitachi Rail, we have a unique and exciting opportunity for a Project Financial Controller. As the Principal support to Project teams for all financial aspects of projects.

Specifically, you will be responsible for the following deliverables:

• Management of Project EACs. Ensuring all changes are correctly recorded and evidenced, maintaining a reconciliation back to the original As Sold position
• Management of project cash forecasting, driving net cash optimisation across projects. Ensuring cash-in forecast is aligned to the project delivery programme, and cash-out is logical and understood
• Review Balance Sheets of projects to ensure accuracy, by checking working capital movements each month
• Maintain monthly forecast files for projects, that consider: the project delivery programme, the actual position and a forecast of costs to complete
• Maintain register of all risks and opportunities against project Gross Margins. Articulating these items in monthly reporting and meetings with senior project teams
• Reporting, analysing and challenging all project costs. Undertaking monthly financial reviews with each business function, holding them to account on spend against budget and changes to EAC
• Prepare monthly project finance reports providing financial status of projects, covering: P&L, Balance Sheet, cashflow, headcount and KPIs
• Production of accurate and on time budgets and forecasts, that consider all risks and opportunities. Budgets prepared on Trial Balance basis, and movements to prior year must be well explained
• Prepare monthly/quarterly reports on actual performance against budgets and forecast, providing in depth variance analysis
• Provide timely information required by FP&A department, for production of monthly management accounts and any ad-hoc requests
• Support the process for costing variation orders through to customer submission. Ensure all costs are backed up by quotes or detailed calculations. Prepare benchmark analysis of costs against actuals where possible
• Manage sales invoices, milestone payments and related matters. Working closely with other finance teams to manage the cash cycle
• Liaise with Finance teams in Japan and Italy to help consolidate global financial reporting
• Ensuring projects follow all financial aspects of J-SOX and Internal Audit governance. And lead external audit for responsible projects

About you

Essential

• Advanced Excel Skills
• Excellent analytical skills
• Experience with SAP
• Experience of working in matrix environment with multiple reporting lines
• Excellent inter-personal skills and be able to work as part of a cross-cultural team
• Flexibility for occasional travel to HRE locations around the UK.

Desirable

• Experience of finance for long term projects
• Understanding and appreciation of Japanese working practices
• Experience of working within a manufacturing organisation producing heavy plant or machinery (e.g. Aerospace, Railway).

Qualifications

• Qualified accountant – CIMA, ACA, CA, ACCA
• +5 years PQE
• Honors level degree preferable

What we offer

We value the importance of all of our employees, if you would like to join our fantastic organisation you could be entitled to:

• Competitive salary
• Annual Performance bonus paid on discretionary basis.
• 25 days holiday
• Pension scheme with contributions up to 9%
• Private medical insurance
• Personal Accident insurance
• Group Income protection
• Group Life Insurance
• Employee Assistance Programme

We also offer additional perks for you to choose from within a flexible plan that will meet your specific needs and lifestyle.

#LI-AR1

Thank you for your interest in Hitachi Rail. If your application is of interest, we will be in contact. Please do not hesitate to discover more about us and our latest jobs at https://www.hitachirail.com/careers .

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.

We would be delighted if you would be one of our followers at https://www.linkedin.com/company/hitachirail