Finance Business Partners Experienced Professional

Hitachi, Ltd.; Vadodara; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Hitachi Energy is seeking a Finance professional to join our factory finance team in Vadodara, India. The role focuses on cost control, profitability, and IFRS-compliant revenue recognition, driving insights for operational decisions.

The candidate should have CMA with 3-5 years or M.Com/MBA in Finance with 10+ years, excellent English, and strong analytical and presentation skills. MS Office proficiency required for daily tasks.

Qualifications

• CMA with 3-5 years or M.Com/MBA in Finance with 10+ years in factory finance activities.
• Proficiency in both spoken & written English is required.
• Strong analytical, communication and presentation skills; MS Office/PowerPoint proficiency.

Responsibilities

• Monitor manufacturing costs, product costing and variance analysis insights for decision-making.
• Track order booking, costing and maintain order reports.
• Prepare product and segment profitability analyses with variance reporting.
• Perform revenue recognition per IFRS policies based on Incoterms and cash flow.
• Review balance sheet and profit & loss statements.
• Handle commercial functions like LC, forex hedging, bank guarantees.
• Oversee CAPEX MIS and asset capitalization timely.
• Monitor receivables and clearance; adjust advances accordingly.
• Coordinate with Tax, Cost & Statutory Auditors and address queries.

Skills

Analytical skills

Communication skills

Presentation skills

MS Office/PowerPoint

Education

CMA with 3-5 years

M.Com / MBA in Finance with 10+ years

Tools

Microsoft Office Suite

PowerPoint

Job description

Hitachi Energy is a leader in high-voltage technology, offering a wide range of high-voltage products up to 1,200-kilovolt (kV) helping enhance the safety, reliability and efficiency of power networks while minimizing environmental impact. Our technology leadership continues to facilitate innovations in power transmission, enabling smart grids and enhancing eco-efficiency.

Hitachi Energy’s EconiQ™ high-voltage portfolio eliminates SF6 with reliable and scalable solutions for the lowest carbon footprint. The EconiQ line has achieved two world’s first – the replacement of SF6 in existing high-voltage equipment called EconiQ retrofill and the breakthrough SF6-free 420 kV circuit-breaker. Hitachi Energy has placed sustainability at the heart of its Purpose and is advancing a sustainable energy future for all.

Your Responsibilities:

• Monitoring of manufacturing and related costs, product costing and provides insights on variance analysis to support operational decision-making.
• Closely monitors Order booking and Order costing and maintain order report.
• Preparation of Product wise and Segment wise profitability along with variance analysis.
• Revenue recognition as per IFRS policy based on Inco Terms, Collection & operational Cash flow.
• Review of Balance sheet & Profit & loss account.
• Commercial knowledge i.e. LC, Forex Hedging, bank guarantee.
• MIS on CAPEX Monitoring and timely Capitalization of assets.
• Receivables monitoring and clearing, like advance adjustment against outstanding.
• Vendor Reconciliation, vendor advance monitoring.
• Working with external teams like Tax, Cost & Statutory Auditors and resolving their query.

Your Background:

• CMA with at least 3-5 years of experience or M.com / MBA in Finance with at least 10+ Years of relevant experience in factory finance activities.

• Proficiency in both spoken & written English language is required
• Good Analytical Skills

• Strong communication Skills and Presentation Skills.

• Strong Microsoft Office/Power Point /Computer skills.

More about us:

Hitachi Energy is a global technology leader with a combined heritage of almost 250 years, employing around 42,000 people in 92+ countries. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centres. With a proven track record, global footprint and unparalleled installed base, Hitachi Energy balances social, environmental and economic values, and is committed to powering good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener grid.

Bring your passion, bring your energy, and plug into a team that appreciates a simple truth: Diversity

+ Collaboration = Innovation.

www.hitachienergy.com

We are an equal opportunity employer. We do not accept unlawful discrimination in our recruitment or employment practices on any grounds including but not limited to; race, color, ethnicity, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military and veteran status, or other characteristics covered by applicable law.