Project Controller – Power Transformers

Hitachi India Pvt Ltd

  • Gujarat, India
Project Controller – Power Transformers
Job Posted : Jul 20th, 2023

Job Description

Main Accountabilities:-

1. Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process.

2. Business planning and forecasting

Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager. Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions.

3. Project execution Provides input to the Project Execution Plan on financial aspects. Prepares project invoices, financial accounting and reporting (including project site accounting). Drives project cash flow and oversees currency risk and tax issues. Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast.

4. Monitoring and review Participates in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. Supports the Project Manager in coordinating and preparing monthly project reviews. Participates in preparing the project cost report. Verifies the substance for cost to complete.

5. Commercial terms Provides support on claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager up-stream (towards customer), side-stream (towards consortia partner) as well as down-stream (towards suppliers).

6. Business performance and decision support

Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues, and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital.

7. Risk management Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure.

8. Internal controls and compliance

Ensures transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.

9. Communication with internal stakeholders

Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center, and other internal customers to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility.

Location:-

  • Gujarat, India.

Company Overview:-

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD. www.hitachienergy.com

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