Location:
Bengaluru, Karnataka, India
Job ID:
R0106513
Date Posted:
2025-11-20
Company Name:
HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITED
Profession (Job Category):
Finance
Job Schedule:
Full time
Remote:
No
Job Description:
This is a Factory & Product controlling Analyst position located in Bengaluru, India, and reports to Team Lead, being part of Controlling Capability Centers.
Mission Statement: Role requires working on Costing, Financial Planning Analysis and Factory Controlling activities to different Units of Hitachi Energy located across the Globe supporting the factory/business controllers handling the respective Business Units to ensure the business unit/Organization can achieve all the KPI/business targets.
Key Responsibilities
- Perform analysis of business performance versus budget and forecast.
- Review of Orders received, and Orders received Gross Margin and monthly reporting.
- Reconciliation of Order backlog and Order backlog Gross Margin.
- Business partnering with Local Factory/Business/Hub Controllers to understand and analyze the drivers of financial performance and identify trends; propose value add.
- Analysis of overhead under / over absorption indicating root cause.
- Result Analysis – Revenue Recognition – Good understanding of Revenue recognition principles and industry practices; Point in time and Over period of time. Good understanding of RA keys logic in S4 HANA.
- Hands-on experience in COPA - KE24/KE30 - Product wise and Customer-wise Profitability Analysis.
- Review the monthly financial performance in the Income Statement against Budgets/Forecast and support in monthly reviews before month closing.
- Balance sheet analysis – proactively identify the movements between different periods with the reasons of deviation and advise controllers for necessary action.
- Perform monthly MIS/Corporate Reporting as per the Corporate calendar.
- Perform activities related to Internal controls and SOX audit
- Comparison of monthly/quarterly MIS data with different benchmarks and giving comments/remarks
- Capital Expenditure budget and actual spent tracking and analysis on monthly basis
- Analysis of inventories, NWC (Net Working Capital) – comparison over periods with reasons of movement.
- Knowledge in Standard costing - Made To Order/ Made To Stock Scenario
- Cashflow – Analysis of Cash In and Cash Out Direct Method and Indirect method – Gap analysis between.
- Support preparation of relevant organization financial reporting, business planning, budgeting, and forecasting.
- Support for Statutory audit and internal audit - Preparation of audit schedules.
- Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions
- Any other Ad Hoc work/assignment/job given, based on urgency and requirement, from time to time which are not listed above
Controlling Capability Centers KPIs:
- Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
- Proactively find areas for process / report standardization across different countries, divisions, and business units.
- Adhering to the Controlling capability Centers KPIs to ensure continuous improvement and maintain service quality
Knowledge and Skills
- Strong analytical and critical thinking skills with independent problem-solving capability.
- Effective communication & presentation skills.
- Hands-on experience in SAP FI CO including CO-PA and Understanding on other modules like SD, PP, MM, PS MTO, MTS and ETO architypes
- Proficiency in MS Office tools (Excel, PowerPoint, etc.)
- Initiative-taking with a strong commitment to quality adhering to strict deadlines
Experience:
Up to 6 years’ experience in Financial Planning and Analysis, with manufacturing experience background preferable and Prior experience in controlling COE setup is preferred
Education:
Bachelor’s degree in accounting with CMA/ CA / MBA
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