Finance Controlling Analyst - CP&O

HITACHI VANTARA INDIA PRIVATE LIMITED; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Hitachi Energy in Bengaluru is seeking a Finance Analyst to join the Controlling Practice and Operations team. You will support manufacturing sites and business units with costing, FP&A, and controlling, delivering insights that drive performance and meet objectives.

The role offers exposure to SAP FICO, CO-PA and performance management, with cross-functional collaboration across global manufacturing finance and Hitachi Energy's strategic initiatives.

Qualifications

• Bachelor's degree in accounting with CMA/CA/MBA is required.
• 2 to 4 years of experience in financial planning and analysis.
• Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis.
• Hands-on experience with SAP FICO and CO-PA; knowledge of SAP SD/PP/MM/PS is preferred.
• Excel and PowerPoint proficiency; strong analytical and communication skills.
• Ability to use AI and digital tools to improve problem-solving and productivity.

Responsibilities

• Analyse business performance against budget and forecast, identify key drivers and trends, and provide value-adding insights to controllers.
• Review orders received, order gross margin, backlog, and backlog gross margin, with reconciliations and monthly reporting.
• Assess monthly income statement performance before closing and explain deviations in revenue and margins.
• Apply revenue recognition principles for point-in-time and over-time scenarios in SAP S/4HANA.
• Deliver profitability analysis at product and customer levels through SAP CO-PA (KE24/KE30).
• Analyse balance sheet movements, inventories, networking capital, cash flow, and suggest actions.
• Prepare recurring management and corporate reports; support planning, budgeting, and forecasting.
• Validate data via reconciliations and support internal controls, SOX and audits.
• Automate reports and processes to improve productivity; adhere to KPIs.
• Ad hoc tasks as required.

Skills

SAP FICO

CO-PA

Budgeting

Forecasting

Financial analysis

Excel

PowerPoint

AI tools

Analytical thinking

Communication

Education

Bachelor's degree in accounting

CMA

CA

MBA

Tools

SAP SD

PP

MM

PS

Job description

The Opportunity

Join the Controlling Practice and Operations (CP&O) team as a Finance Analyst based in Bengaluru. In this role, you will support manufacturing sites and business units by driving costing, financial planning and analysis, and controlling activities, providing insights that drive operational performance and achieve business objectives. This role offers the opportunity to work at the intersection of finance, operations, and business partnering, with broad exposure to global manufacturing finance and collaboration across Hitachi Energy. Ideal for an analytical and self-driven finance professional, the position provides opportunities to deepen expertise in SAP FICO, FP&A and performance management, while contributing to continuous improvement initiatives within the Controlling Capability Centers

How You'll Make an Impact

Analyse business performance against budget and forecast, identify key drivers and trends, and provide value-adding insights to local factory, business, and hub controllers. Review orders received, order gross margin, backlog, and backlog gross margin, including reconciliations and monthly reporting. Assess monthly income statement performance before closing and explain deviations in revenue, margins, overhead absorption, and other key results. Apply revenue recognition principles for point-in-time and over-time scenarios, including an understanding of RA key logic in SAP S/4HANA. Deliver actionable profitability analysis at product and customer levels through SAP CO-PA (KE24/KE30), enabling performance evaluation and decision support within MTO (Make to Order) and MTS (Make to Stock) business modelsAnalyse balance sheet movements, inventories, networking capital, capital expenditure, and cash flow, and recommend actions where required. Prepare recurring management and corporate reports in line with the reporting calendar and support planning, budgeting, and forecasting activities. Validate financial data through reconciliations and exception reviews, and support internal controls, SOX, statutory audits, and internal audits. Cashflow – Analysis of Cash in and Cash Out Direct Method and Indirect method – Gap analysis b/w actual and forecastSupport preparation of relevant organization financial reporting, business planning, budgeting, and forecastingValidate accuracy of financial data and business information and reports by performing reconciliation and review of exceptionsImprove productivity and service quality by automating solutions, eliminating duplicate work, standardizing reports and processes, and adhering to Controlling Capability Centers KPIsAny other Ad Hoc work/assignment/job given, based on urgency and requirement, from time to time which are not listed aboveLiving Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and business

Your Background

Bachelor's degree in accounting, together with CMA, CA, or MBA qualification. 2 to 4 years of experience in financial planning and analysis; manufacturing industry experience is preferred. Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis. Hands-on experience with SAP FICO and CO-PA, understanding of SAP SD, PP, MM, and PS is preferred. Proficiency in Microsoft Office tools, particularly Excel and PowerPoint.undefinedStrong analytical and critical-thinking skills, with the ability to solve problems independently and meet strict deadlines. Effective communication and presentation skills, with proficiency in spoken and written English. Demonstrated ability to use AI and digital tools to improve problem-solving, decision-making, and productivity while ensuring accuracy, compliance, sound judgment, and accountability for outcomes

More About Us

Hitachi Energy offers exposure to diverse business units and opportunities to advance process standardization, automation, continuous improvement, and service quality across the organization.Willingness to adjust working hours in line with business and operational requirementsHitachi Energy is committed to fostering an inclusive workplace and advancing a sustainable energy future.

Demonstrates effective use of AI and digital tools to enhance problem-solving, decision-making, and productivity, while applying sound judgment, ensuring accuracy and compliance, and maintaining accountability for outcomes