Project Controller

Hitachi Energy; Bengaluru; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

Hitachi Energy Bengaluru seeks a senior finance professional to act as business partner to the Vertical Head Project Controlling and Regional Operation Manager. You will oversee financial and commercial matters, driving project performance across multiple projects.

Your background should include CA/CMA/ICWA qualifications and strong English communication. You will lead planning, invoicing, and governance processes, ensuring compliance and sustainable cash flow.

Qualifications

• CA/CMA/ICWA with relevant work experience.
• Fluent English (spoken and written).

Responsibilities

• Prepares a Project Financial Execution Plan, covering revenue recognition, billing, GST, and tax aspects.
• Drives project invoicing, currency risk, tax issues, bonds, guarantees, and reporting for multiple projects.
• Establishes project governance, coordinates monthly reviews with Project Manager, and manages estimate at completion and cost-to-complete.
• Drives claim management, back-charges, and insurance cases with Contract/Project Manager upstream and downstream.
• Ensures compliance with corporate governance, internal controls, and taxation for projects; organizes staffing and HR support.
• Upholds Hitachi Energy values of safety and integrity in daily actions and leadership.

Skills

Financial planning

Project cost control

English proficiency

Education

CA / CMA / ICWA

Job description

The opportunity

Act as business partner to the Vertical Head Project Controlling, Regional Operation manager and Project Managers, responsible for all financial and commercial matters and actively driving the projects performance. Assigned to multiple projects.

How youll make an impact

• Prepares a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc.). Supports on project invoicing, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, Revenues and GM contribution together with Project Managers.
• Establishes project governance process. Participates in opportunity/risk identification ensure that all required mitigation actions are timely implemented. Drives, co-ordinates and prepares monthly project reviews jointly with the Project Manager. Reviews and has joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted Revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling.
• Promotes commercial awareness in the project team and provides commercial input to the project execution plan (such as TCs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers).
• Follows up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions. Drives, setup and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects.
• Ensures (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.
• 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

• Candidate should hold CA / CMA / ICWA as educational qualifications with relevant work experience
• Proficiency in both spoken written English language is required