Senior Research & Development Financial Controller

Hitachi India Pvt Ltd; Bengaluru; On-site; INR 2,000,000 - 4,000,000; Full time

Job summary

Hitachi Energy Technology Services Private Limited in Bengaluru is seeking a Senior R&D Controller (CP&O) to lead budgeting, forecasting, and financial planning for the R&D portfolio. You will partner with global R&D leaders to drive strategic investments, monitor project expenditures, and deliver robust forecasting and reporting to senior management.

The role requires FP&A and financial controlling experience, exposure to cross-functional teams, and proficiency in SAP/ERP and Microsoft tools.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field; MBA/CA/CPA/CMA or equivalent preferred.
• 5–8 years of experience in FP&A, financial controlling, business finance, or related functions.
• Experience supporting R&D, engineering, project, technology, manufacturing, or product development organizations.

Responsibilities

• Lead budgeting, forecasting, long-range planning, and financial performance management for R&D functions.
• Partner with R&D leadership to provide insights for strategic investment and resource allocation.
• Monitor and control R&D project expenditures and identify cost optimization opportunities.
• Perform financial modeling, scenario planning, and investment analysis for innovation initiatives.
• Develop executive-level financial reports, dashboards, and presentations for informed decisions.
• Support month-end, quarter-end, and year-end closing with accurate reporting and compliance.

Skills

Budgeting

Forecasting

Financial analysis

FP&A

Power BI

Excel

SAP

ERP systems

Stakeholder management

Education

Bachelor's degree in Finance/Accounting/Economics

MBA/CA/CPA/CMA or equivalent

Tools

SAP

ERP systems

Job description

Senior R&D Controller - CP&O

Location: Bengaluru, Karnataka, India

Job ID: R0137633

Date Posted: 2026-09-01

Company Name: HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITED

Profession (Job Category): Finance

Job Schedule: Full time

Remote: No

Job Description

The Opportunity At Hitachi Energy, we are accelerating the transition toward a sustainable energy future through innovation, technology, and global collaboration. We are looking for a highly motivated Senior R&D Controller to join our Technology Services team and play a critical role in enabling strategic research and development investments through strong financial leadership. In this role, you will serve as a trusted financial business partner to global R&D leaders, providing financial planning, performance management, and decision-support capabilities across a diverse portfolio of innovation initiatives. You will be responsible for driving financial transparency, optimizing resource utilization, and ensuring that R&D investments align with business objectives and long-term growth strategies. Working in a dynamic international environment, you will collaborate closely with cross-functional stakeholders, project managers, engineering leaders, and global finance teams to deliver insightful analysis, robust forecasting, and strategic recommendations. Your expertise in financial controlling, budgeting, forecasting, and project performance management will help shape investment decisions and strengthen operational effectiveness across R&D activities. This position offers the opportunity to work with global teams, contribute to cutting-edge technology development, and influence strategic decision-making at an international level. You will have exposure to senior stakeholders across regions, including collaboration with teams in Sweden and other global locations, while supporting innovative R&D programs that drive business growth and technological advancement. If you are passionate about finance, innovation, and business partnering and enjoy transforming complex financial data into actionable insights, this role provides an excellent platform for professional growth and international exposure.

How You'll Make an Impact

• Lead budgeting, forecasting, long-range planning, and financial performance management activities for R&D functions.
• Partner with R&D leadership and project teams to provide financial insights that support strategic investment and resource allocation decisions.
• Monitor and control R&D project expenditures, ensuring alignment with approved budgets while identifying cost optimization opportunities.
• Perform financial modeling, scenario planning, business case evaluations, and investment analysis to support innovation initiatives.
• Analyze business performance against budgets and forecasts, identifying key drivers, risks, opportunities, and recommending corrective actions.
• Develop executive-level financial reports, dashboards, and presentations that enable informed business decisions.
• Support month-end, quarter-end, and year-end closing activities while ensuring accurate financial reporting and compliance.
• Strengthen internal controls and ensure adherence to accounting standards, company policies, and regulatory requirements related to R&D spending.
• Drive process improvements, automation, standardization, and enhanced reporting capabilities to improve operational efficiency and financial visibility.
• Collaborate effectively with global stakeholders and leadership teams, building strong partnerships across functions and geographies.

Your Background

• Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA, CA, CPA, CMA, or equivalent professional qualification preferred.
• 5-8 years of experience in Financial Planning & Analysis (FP&A), Financial Controlling, Business Finance, or related finance functions.
• Experience supporting R&D, engineering, project, technology, manufacturing, pharmaceutical, or product development organizations.
• Strong expertise in budgeting, forecasting, variance analysis, financial reporting, project controlling, and business performance management.
• Advanced knowledge of SAP and ERP systems, along with strong proficiency in Microsoft Excel, Power BI, PowerPoint, and financial reporting tools.
• Proven capability in financial modeling, investment analysis, decision support, and strategic business partnering.
• Experience working with global stakeholders and cross‑functional teams in a multicultural environment; must have experience collaborating with international teams.
• Excellent analytical, communication, stakeholder management, and presentation skills, with the ability to influence senior leadership and operate effectively in a fast‑paced environment.

More About Us

At Hitachi Energy, we are committed to advancing a sustainable energy future for all. We foster a culture of innovation, collaboration, safety, and integrity, where every employee can grow, contribute, and make a meaningful impact. We offer challenging global career opportunities, continuous learning, and an inclusive environment that values diverse perspectives and encourages personal and professional development. 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.

Accessibility and reasonable accommodation

Qualified individuals with a disability may request a reasonable accommodation if you are unable or limited in your ability to use or access the Hitachi Energy career site as a result of your disability. You may request reasonable accommodations by completing a general inquiry form on our website. Please include your contact information and specific details about your required accommodation to support you during the job application process. This is solely for job seekers with disabilities requiring accessibility assistance or an accommodation in the job application process.

Use of Al and automated tools in recruitment

As part of our recruitment process, Hitachi Energy uses digital and automated tools, including Al-supported solutions, to assist with activities such as application screening, job matching, and interview scheduling. These tools are designed to support our recruiters and do not replace human decision-making. Candidate data is processed in accordance with applicable data protection and employment laws as well as Hitachi's Global Data Privacy Notice.

Background Screening and Security Checks

As part of the hiring process, Hitachi Energy conducts pre-employment background checks that may include verification of employment history, education, criminal records, and other relevant information, in accordance with applicable laws. For certain roles—particularly those involving access to sensitive information, financial responsibilities, client data, regulated environments, or security-sensitive functions—additional or more comprehensive background or security screenings may be required. These may include, but are not limited to, enhanced criminal history checks, credit history reviews (where legally permissible), sanctions screening, or other due diligence measures aligned with the responsibilities of the role. The scope and depth of any background or security review will be determined.

Experience Level

Senior Level