Cost Controller

Hitachi Vantara Corporation; Petaling Jaya; On-site; MYR 100,000 - 167,000; Full time

Benefits offered by this job

None

Job summary

Hitachi Energy in Malaysia seeks aCost Controller to support financial planning, cost management, forecasting, and performance analysis across project and operational activities. You will partner with project managers and finance teams to ensure cost control and financial transparency.

Responsibilities include budgeting, variance analysis, cost allocations, month-end close, and driving process improvements. Knowledge of SAP S/4HANA and advanced Excel is highly valued.

Qualifications

• Bachelor's degree in finance, accounting, or related field.
• Minimum 3 years in cost controlling, management accounting, FP&A, or similar finance functions.
• Strong costing, budgeting, forecasting, and financial analysis skills.
• Hands-on SAP experience required; SAP S/4HANA preferred.
• Experience in multinational or project-based environments is advantageous.

Responsibilities

• Develop, implement, and maintain cost control processes and financial governance.
• Prepare budgets, forecasts, and cost estimates for projects and operations.
• Monitor actual vs. budgets, analyze variances, and provide financial insights.
• Analyze project and operational costs with focus on labour and resources.
• Collaborate with project managers to improve cost efficiency and resource allocation.
• Lead month-end and year-end cost reporting and closing activities.
• Review cost allocations for accuracy and ensure alignment with budget controls.
• Review and approve purchase requisitions per policy and budget.
• Ensure compliance with internal controls, standards, and corporate requirements.
• Drive continuous improvement for cost management tools and processes.

Skills

Cost Controlling

Budgeting

Forecasting

Financial Analysis

Cross-functional Collaboration

Analytical Thinking

Independent Work

Multinational Experience

Education

Bachelor's Degree in Finance, Accounting, Business Administration, or related

Tools

SAP

SAP S/4HANA

Excel

Job description

Job Description:

At Hitachi Energy, our purpose is advancing a sustainable energy future for all. We are looking for a Cost Controller to support financial planning, cost management, forecasting, and performance analysis across our project and operational activities.

In this role, you will partner closely with project managers, business leaders, and finance stakeholders to ensure accurate cost control, financial transparency, and effective resource utilization. You will play a key role in budgeting, forecasting, variance analysis, and driving continuous improvement in financial processes.

How You'll Make an Impact

• Develop, implement, and maintain effective cost control processes and financial governance measures.
• Prepare budgets, forecasts, and cost estimates for projects and operational activities.
• Monitor actual performance against budgets and forecasts, identify variances, and provide meaningful financial analysis and recommendations.
• Analyze project and operational costs, with particular focus on resource and labour-related expenditures.
• Partner with project managers and business leaders to improve cost efficiency and optimize resource allocation.
• Conduct regular financial and cost performance reviews and support decision-making with data-driven insights.
• Prepare and maintain cost rate structures across countries and support quarterly reviews.
• Participate in month-end and year-end closing activities related to cost reporting and management accounting.
• Review cost allocations and ensure costs are accurately assigned and reported.
• Review and approve purchase requisitions in line with budget controls and company policies.
• Ensure compliance with internal financial controls, accounting standards, and corporate requirements.
• Drive continuous improvement initiatives related to cost management tools, reporting, and processes.

Your Background

• Bachelor's Degree in Finance, Accounting, Business Administration, or a related discipline.
• Minimum 3 years of experience in Cost Controlling, Management Accounting, Financial Analysis, FP&A, or similar finance functions.
• Strong experience in costing, budgeting, forecasting, and financial analysis.
• Hands-on experience using SAP is required; SAP S/4HANA experience is highly preferred.
• Experience supporting project-based, engineering, consulting, professional services, or other labour-intensive businesses is highly desirable.
• Experience within multinational or matrix organizations is an advantage.
• Strong understanding of management accounting principles and cost control methodologies.
• Advanced Excel and financial analysis skills.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently while effectively collaborating with cross-functional stakeholders.
• Strong attention to detail with the ability to manage multiple priorities in a dynamic environment.

Preferred Experience

We are particularly interested in candidates who have experience managing and analysing costs in project-driven or service-oriented environments where labour and resource costs form a significant component of the cost base. Experience solely within manufacturing environments may be considered if accompanied by strong transferable cost control and financial analysis experience.

More About Us

At Hitachi Energy, we are committed to fostering a culture of innovation, collaboration, and continuous learning. Join us and be part of a global team that is shaping the future of sustainable energy while advancing your own career development in a diverse and inclusive environment.

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. Messages left for other purposes will not receive a response.

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 position.

The scope and depth of any background or security review will be determined based on the nature of the role and business necessity, and will always be conducted in compliance with applicable federal, state, and local laws. Candidates will be notified and, where required, asked to provide consent prior to the initiation of any such checks.