Senior Analyst - Project Controlling

ALSTOM Gruppe; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Flexible work

Competitive salary

Social coverage

Job summary

Alstom in Bengaluru seeks a Senior Analyst - Project Controlling to join our finance team. You will deliver critical financial insights, supervise project costs, and support project teams with timely data, ensuring compliance with financial standards and accurate reporting across contracts.

You’ll collaborate with Project Managers, Accounting and Tax teams, prepare estimates at completion, monitor cash flow, and drive risk management to improve margins while aligning with DoA and tender stage

Qualifications

• Master’s degree in Finance or equivalent (CA / CMA)
• Experience or understanding of Project Controlling / Costing / Corporate Finance
• Knowledge of financial management systems, notably SAP
• Familiarity with MS Excel
• A certification in finance or a related field is a plus
• Robust analytical and presentation skills
• Resilience and adaptability in the face of change

Responsibilities

• Support project setup and ensure timely collection of all financial and accounting data for assigned contracts.
• Validate accuracy of project financial records, including customer/supplier invoices, timesheets, and travel expenses.
• Monitor and control monthly project costs and financial movements, ensuring transparency in reporting.
• Manage and control internal purchase order intercompany flows. Prepare and maintain Estimate at Completion (EAC), with clear assumptions, justifications, and documentation.
• Reconcile approved project financials between ODYC and accounting books. Drive project financial strategy, including tax, hedging, financing, and cash optimization.
• Provide financial oversight, analysis, and early risk warnings to management. Review contract terms and advise on financial implications and competitiveness improvements.
• Deliver reliable financial insights to support stakeholder decision-making. Prepare project review materials and reassess project profitability periodically.
• Improve forecast accuracy for revenue, cash flow, costs, and profitability. Coordinate with finance expert functions such as Tax, Treasury, Audit, Risk, and Accounting.
• Ensure compliance with local regulations, tax requirements, and statutory reporting. Support project risk and opportunity management, including contingency and savings validation.
• Partner with Project Managers on contract and claim management, focusing on financial risks.
• Ensure proper financial closure of projects, including bond collection, checklist completion, and ERP closure.
• Monitor project financial performance and recommend actions to improve margin, cash flow, and risk mitigation.
• Review and approve project financials (cash flow, competitiveness) in line with Delegation of Authority (DoA).
• Align project execution with tender-stage financial strategies, ensuring smooth handover from Tender to Project.

Skills

SAP

MS Excel

Project Controlling

Financial Analysis

Cash Management

Education

Master's in Finance

CA or CMA

Job description

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Senior Analyst - Project Controlling

Date: 23 Sept 2026

Company: Alstom

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Could you be the full-time Senior Analyst - Project Controlling in Bangalore we’re looking for?

Your future role

Take on a new challenge and apply your meticulous financial management and analytical expertise in a new cutting-edge field. You’ll work alongside dedicated, strategic, and innovative teammates.

You'll deliver critical financial insights and support to our project teams, fostering sound economic management and optimizing project financial targets. Day-to-day, you’ll work closely with teams across the business (Project Managers, Work Package Owners, Accounting Team), ensure control of project results, and much more.

You’ll specifically take care of the precision of financial project data, uphold compliance with financial standards, and proactively manage risks and opportunities.

We’ll look to you for:

• Support project setup and ensure timely collection of all financial and accounting data for assigned contracts.
• Validate accuracy of project financial records, including customer/supplier invoices, timesheets, and travel expenses.
• Monitor and control monthly project costs and financial movements, ensuring transparency in reporting.
• Manage and control internal purchase order intercompany flows.Prepare and maintain Estimate at Completion (EAC), with clear assumptions, justifications, and documentation.
• Reconcile approved project financials between ODYC and accounting books.Drive project financial strategy, including tax, hedging, financing, and cash optimization.
• Provide financial oversight, analysis, and early risk warnings to management.Review contract terms and advise on financial implications and competitiveness improvements.
• Deliver reliable financial insights to support stakeholder decision-making.Prepare project review materials and reassess project profitability periodically.
• Improve forecast accuracy for revenue, cash flow, costs, and profitability.Coordinate with finance expert functions such as Tax, Treasury, Audit, Risk, and Accounting.
• Ensure compliance with local regulations, tax requirements, and statutory reporting.Support project risk and opportunity management, including contingency and savings validation.
• Partner with Project Managers on contract and claim management, focusing on financial risks.
• Ensure proper financial closure of projects, including bond collection, checklist completion, and ERP closure.
• Monitor project financial performance and recommend actions to improve margin, cash flow, and risk mitigation.
• Review and approve project financials (cash flow, competitiveness) in line with Delegation of Authority (DoA).
• Align project execution with tender-stage financial strategies, ensuring smooth handover from Tender to Project.

All about you

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:

• A Master’s degree in Finance or equivalent (CA / CMA)
• Experience or understanding of Project Controlling / Costing / Corporate Finance
• Knowledge of financial management systems, notably SAP
• Familiarity with MS Excel
• A certification in finance or a related field is a plus
• Robust analytical and presentation skills
• Resilience and adaptability in the face of change

Things you’ll enjoy

Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:

• Enjoy stability, challenges and a long-term career free from boring daily routines
• Work with the latest financial management tools and practices
• Collaborate with transverse teams and supportive colleagues
• Contribute to innovative projects that shape the future of transportation
• Utilise our flexible and dynamic working environment
• Steer your career in whichever direction you choose across functions and countries
• Benefit from our investment in your development, through award-winning learning programs
• Progress towards leadership and advanced specialist roles
• Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.