Project Controller

Hitachi Rail Limited; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

HITACHI RAIL LIMITED in Bengaluru, India, is seeking an enthusiastic Project Controller who thrives in a fast-paced environment. The role is based in Bangalore and involves both administrative and strategic tasks to support project delivery.

Responsibilities include developing Work Breakdown Structures and budgets with the project team; preparing cost-to-complete estimates, monitoring spend, and reporting; tracking invoicing, cash flow, and change orders; and coordinating with SAP/PCS for

Qualifications

• 10-15 years of experience in project control and cost management.
• Experience with statutory (SAP) and management reporting tools.
• Strong knowledge of project cost control and project management.
• Expertise in accounting, finance, and tax requirements.
• Knowledge of contract clauses, bonds, and letters of credit.
• Proficiency in English and another Indian language.

Responsibilities

• Develop the Work Breakdown Structure and budgets with the project team.
• Prepare cost-to-complete estimates and percent complete evaluations.
• Track budgets vs. actual spend and explain variances with recovery plans.
• Prepare quarterly forecasts and annual budgets with KPIs.
• Support invoicing, cash flow reporting, and contract change orders.
• Assist with potential claims and arbitration-related tasks.

Skills

Project cost control

Project Management

Accounting & Finance

Tax knowledge

Statutory SAP

Education

CMA/CA/MBA with 8-10 years

Degree in accounting or equivalent

Tools

SAP

PCS

Job description

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.

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

HITACHI RAIL is looking for an enthusiastic self-motivated Project Controller who thrives in a fast‑paced environment. The successful candidate is comfortable performing a wide range of tasks from administrative to strategic. The position is based in Bangalore, India.

Accountabilities

• In conjunction with Project Team, develop the Work Breakdown Structure and Budgets for the project
• Work with Work Package Leaders (WPL) to develop accurate cost to complete estimates and percent complete evaluations
• Track, monitor and report planned budgets/forecast vs. actual spend using project controlling tools (SAP, PCS and other tools). Provide variance explanations and possible recovery plan actions
• Work with Project Planner to review latest schedule and quarterly report the Earned Value
• Monthly reporting of project results
• Assist with the preparation, processing and tracking of contract Change Orders
• Work with the project manager to assist with the preparation and tracking of potential claims for additional work
• Track internal and external invoicing and reconciliation of cash receipts and retention.
• Understand and report on the cash flow position of the project
• Work with global controllers for Intracompany projects
• Track subcontractor invoicing, payments and reconciliations
• Review and approve Purchase Order Requisitions in alignment with budget and track P.O.s in PCS.
• Prepare quarterly forecasts and annual budget and reporting of the key performance indicators for the project
• Monitor the financial “health” of the project and raise the “red flag” when a negative impact or condition arises.
• Calculate EVA at global level in accordance with group controlling mode
• Resolve of queries from global reporting on actual, variance to budget, workload, risk , opportunities etc
• Support functional Manager on project progress, key numbers and other assignments like arbitration, claims etc.
• Support local ADMN in filling of Lower tax and other fillings as per statute
• Address queries both from Statutory, Internal and Global auditor. Resolve open points with auditor pertains to project progress, delay, un-billed revenue, cost overrun, EOT etc.

Required Skills/ Knowledge

• 10-15 Years of experience
• Knowledge of statutory (SAP) and management (reporting) Tools
• Knowledge in Project cost control, Project Management
• Expertise of Accounting & finance, Tax, requirements
• Knowledge of legal requirements (Contract clauses , Bond text; L/C …)
• Languages: English and Other Indian Language.

Education/Qualifications

• CMA/CA/MBA with 8-10 years of experience in handling Trunkey Project;
• Degrees in accounting or equivalent with experience of 10-15 years in handling Trunkey Project.

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.