Project Controller - CP&O | Bengaluru, India

Hitachi Energy Ltd.; Bengaluru; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Hitachi Energy Ltd. in Bengaluru, India, is seeking a Project Controller to act as a trusted financial and commercial partner across EPC and project-based portfolios.

You will influence profitability through forecasting accuracy, working capital optimization, governance, and risk management throughout the project lifecycle. The role offers exposure to contract execution, claims management, FX exposure, and taxation considerations while collaborating with cross-functional teams to deliver

Qualifications

• 3-5 years of experience in Project Controlling, Commercial Finance, Project Finance, Project Accounting, or Finance Business Partnering roles.
• Hands-on experience supporting EPC, engineering, infrastructure, energy, industrial, or other project-driven organizations.
• Strong understanding of project accounting, cost control, budgeting, forecasting, revenue recognition, financial reporting, and project lifecycle management.
• Experience in contract management, claims administration, commercial governance, risk assessment, and contingency management.
• Knowledge of cash flow management, working capital optimization, taxation, foreign exchange exposure, guarantees, and bonds.

Responsibilities

• Partner with Project Managers, Operations Leaders, and key stakeholders to provide financial and commercial guidance across multiple EPC and project-based assignments.
• Develop and manage project financial execution plans, including budgeting, forecasting, revenue recognition, billing strategies, taxation considerations, and cash flow planning.
• Drive project financial performance through effective cost control, profitability optimization, revenue realization, and working capital management.
• Perform accurate cost-to-complete analysis and ensure timely project forecasting throughout the project lifecycle.
• Lead financial governance activities and participate in project reviews and management reviews to ensure alignment of financial objectives and project performance.
• Identify, assess, and mitigate commercial, contractual, financial, operational, and execution risks through proactive contingency planning.
• Support contract execution, claims management, supplier back-charges, insurance cases, and other commercial management activities.
• Monitor foreign exchange exposure, guarantees, bonds, and taxation requirements to protect business interests and support informed decision-making.
• Collaborate with project controls, planning, supply chain, finance, and operational teams to deliver data-driven insights and improve project outcomes.
• Ensure compliance with corporate governance standards, internal controls, integrity requirements, and regulatory obligations.
• Contribute to continuous improvement initiatives and support the adoption of digital tools, analytics, and automation to enhance business performance.
• Promote a culture of accountability, collaboration, safety, integrity, and operational excellence across project teams.

Skills

Analytical thinking

Stakeholder management

English communication

Financial forecasting

Education

CA

CMA

MBA (Finance)

Bachelor's degree in Finance/Economics/Business

Tools

SAP

Advanced Excel

Power BI

Job description

At Hitachi Energy, we are shaping the future of sustainable energy by delivering complex projects that enable a more reliable, flexible, and secure power infrastructure worldwide.

As a Project Controller, you will serve as a trusted financial and commercial partner to Project Managers, Lead Project Controllers, Regional Operations Managers, and Business Leaders, ensuring the successful financial execution of EPC and project-based business portfolios. You will provide leadership across multiple projects by driving profitability, forecasting accuracy, working capital optimization, governance, risk management, and commercial excellence throughout the project lifecycle.

In this high-impact role, you will influence key business decisions through financial insights, project performance analysis, and proactive risk mitigation. You will collaborate closely with cross-functional stakeholders across Project Management, Operations, Planning, Supply Chain, Commercial, and Finance functions to ensure successful project delivery while safeguarding compliance, profitability, and customer commitments.

This position offers an excellent opportunity to develop expertise in project finance, commercial management, contract execution, and business partnering while contributing to projects that accelerate the global energy transition.

How You'll Make an Impact

• Partner with Project Managers, Operations Leaders, and key stakeholders to provide financial and commercial guidance across multiple EPC and project-based assignments.
• Develop and manage project financial execution plans, including budgeting, forecasting, revenue recognition, billing strategies, taxation considerations, and cash flow planning.
• Drive project financial performance through effective cost control, profitability optimization, revenue realization, and working capital management.
• Perform accurate cost-to-complete analysis and ensure timely project forecasting throughout the project lifecycle.
• Lead financial governance activities and participate in project reviews and management reviews to ensure alignment of financial objectives and project performance.
• Identify, assess, and mitigate commercial, contractual, financial, operational, and execution risks through proactive contingency planning.
• Support contract execution, claims management, supplier back-charges, insurance cases, and other commercial management activities.
• Monitor foreign exchange exposure, guarantees, bonds, and taxation requirements to protect business interests and support informed decision-making.
• Collaborate with project controls, planning, supply chain, finance, and operational teams to deliver data-driven insights and improve project outcomes.
• Ensure compliance with corporate governance standards, internal controls, integrity requirements, and regulatory obligations.
• Contribute to continuous improvement initiatives and support the adoption of digital tools, analytics, and automation to enhance business performance.
• Promote a culture of accountability, collaboration, safety, integrity, and operational excellence across project teams.

Your Background

• CA, CMA, MBA (Finance), or Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
• 3-5 years of experience in Project Controlling, Commercial Finance, Project Finance, Project Accounting, or Finance Business Partnering roles.
• Hands-on experience supporting EPC, engineering, infrastructure, energy, industrial, or other project-driven organizations.
• Strong understanding of project accounting, cost control, budgeting, forecasting, revenue recognition, financial reporting, and project lifecycle management.
• Experience in contract management, claims administration, commercial governance, risk assessment, and contingency management.
• Knowledge of cash flow management, working capital optimization, taxation, foreign exchange exposure, guarantees, and bonds.
• Strong analytical and problem-solving skills with the ability to convert financial insights into actionable business recommendations.
• Experience participating in project reviews, management reviews, and cross-functional performance discussions.
• Proficiency in SAP, advanced MS Excel, and exposure to Power BI or other reporting and analytics tools is preferred.
• Excellent stakeholder management, communication, and influencing skills with experience working in global and matrix organizations.
• Proficiency in spoken and written English.

More About Us

At Hitachi Energy, we are committed to advancing a sustainable energy future for all. We value innovation, collaboration, integrity, and diversity, creating an environment where talented professionals can make a meaningful impact on the world's energy systems.

By joining our team, you will work alongside passionate experts on challenging and rewarding projects that support the transition toward a more sustainable, flexible, and secure energy landscape. We offer opportunities for professional growth, continuous learning, and career development in a truly global organization.

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.

We are a global leader in electrification, powering the electricity era to meet the energy demands of today, and the next 25 years. As the energy arm of Hitachi Group, over three billion people depend on our pioneering, mission-critical technologies to power their daily lives.

With over a century of innovation, we are addressing the most urgent energy challenge of our time: driving the evolution of the world’s energy system to ensure abundant, secure, affordable, and sustainable power for today’s generation and the next.

With an unparalleled installed base in over 140 countries, we are the grid ecosystem partner across the utility, industry, data center, and transportation sectors. Headquartered in Switzerland, we employ over 56,000 people in 60 countries and generate revenues of around $20 billion USD.