Internal Control Associate

Hitachi Energy; Bengaluru; On-site; INR 2,000,000 - 3,600,000; Full time

Job summary

Hitachi Energy is seeking an experienced professional to lead end-to-end risk and internal control evaluations. The role covers control testing, process walkthroughs, and design/operating effectiveness assessments to ensure SOX compliance across global processes.

The candidate will document testing procedures, update risk and control matrices, and coordinate with auditors and process owners while meeting strict timelines and global time-zone requirements.

Qualifications

• MBA in Finance or Accounting, CA or related degree required.
• 20+ years of professional experience in risk assessment and internal controls.
• Knowledge of SOX, internal audit, and business process controls.
• IT audit or ITGC exposure is a plus.
• ERP knowledge across major platforms including SAP, Oracle, or JDE.

Responsibilities

• Perform internal control testing for assigned countries within a global organization.
• Conduct walkthroughs of business processes and support documentation.
• Design assessments and operating effectiveness testing of controls.
• Assess control designs for mitigating financial risks and test plans.
• Support updating Risk and Control Matrices in the framework.
• Document SOX testing procedures and evidence per standards.
• Ensure testing docs meet SOX compliance quality standards.
• Identify deficiencies and provide remediation recommendations.
• Coordinate with process owners, control owners, and external auditors.
• Maintain timelines and communicate with stakeholders and Global Compliance.

Skills

Risk assessment

Internal controls

SOX knowledge

Process improvement

AI & digital tools usage

Education

MBA in Finance or Accounting

Chartered Accountant

Bachelors in Business/Accounting

Tools

SAP S/4HANA

SAP

Oracle

JDE

Job description

The opportunity:

The role is responsible for the end-to-end evaluation of risks and internal controls, including control testing, assessment of control gaps, and preparation of remediation recommendations for gaps identified during control assessments.

How youll make an impact:

• Perform internal control testing for assigned countries or groups of countries within a large global organization.
• Conduct walkthroughs of business processes and support the preparation of process documentation and flowcharts.
• Independently perform design assessments and operating effectiveness testing of internal controls across business processes to ensure compliance with PCAOB requirements.
• Assess whether control designs effectively mitigate financial risks by reviewing control descriptions, attributes, and test plans.
• Support the update or drafting of Risk and Control Matrices in line with the established global compliance framework.
• Document SOX testing procedures, evidence, and results in accordance with internal control methodology and predefined testing standards.
• Ensure testing documentation meets SOX compliance quality standards for business processes.
• Evaluate control deficiencies and provide practical remediation recommendations, while coordinating with business process owners, control owners, and external auditors as required.
• Adhere to global internal controls compliance methodology and incorporate related instructions or updates as issued from time to time.
• Manage testing timelines effectively and maintain proactive communication with business stakeholders, control owners, and the Global Compliance team.
• Work effectively under strict timelines, including high-pressure delivery situations and global time-zone requirements.
• Ensure compliance with applicable external and internal regulations, procedures, and guidelines, while demonstrating Hitachi Energys core values of safety and integrity.
• Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
• Living Hitachi Energys core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your Background:

• MBA in Finance or Accounting, Chartered Accountant qualification, or Bachelors degree in Business, Accounting, or a related field.
• 24 years of professional experience in risk assessment and internal controls, with knowledge of SOX, internal audit, and business process controls. Exposure to IT audit or ITGC is an added advantage.
• Working knowledge of ERP systems such as SAP S/4HANA, SAP, Oracle, JDE, or similar platforms, including native application controls.
• Ability to design process flowcharts and identify opportunities for process improvement.
• 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.