Finance Controlling Analyst - CP&O

Overview

Finance Analyst in Hitachi Energy's Controlling Practice and Operations (CP&O) team, supporting manufacturing sites and business units with costing, financial planning and analysis, and controlling activities, based in Bengaluru.

What you'll do

• Analyse business performance against budget and forecast, identify key drivers and trends, and provide insights to local factory, business, and hub controllers.
• Review orders received, order gross margin, backlog, and backlog gross margin, including reconciliations and monthly reporting.
• Assess monthly income statement performance before closing and explain deviations in revenue, margins, overhead absorption, and other key results.
• Apply revenue recognition principles for point-in-time and over-time scenarios, including an understanding of RA key logic in SAP S/4HANA.
• Deliver actionable profitability analysis at product and customer levels through SAP CO-PA (KE24/KE30) across MTO and MTS business models.
• Analyze balance sheet movements, inventories, networking capital, capital expenditure, and cash flow, and recommend actions where required.
• Analysis of cash in and cash out using the direct and indirect methods, and gap analysis between actual and forecast.
• Prepare recurring management and corporate reports in line with the reporting calendar and support planning, budgeting, and forecasting.
• Validate financial data through reconciliations and exception reviews, and support internal controls, SOX, statutory audits, and internal audits.
• Improve productivity and service quality by automating solutions, eliminating duplicate work, standardizing reports and processes, and adhering to Controlling Capability Centers KPIs.
• Perform any other ad hoc work or assignments given from time to time based on urgency and requirement.

What you'll need

• Bachelor's degree in accounting, together with CMA, CA, or MBA qualification.
• 2 to 4 years of experience in financial planning and analysis.
• Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis.
• Hands-on experience with SAP FICO and CO-PA.
• Proficiency in Microsoft Office tools, particularly Excel and PowerPoint.
• Strong analytical and critical-thinking skills, with the ability to solve problems independently and meet strict deadlines.
• Effective communication and presentation skills, with proficiency in spoken and written English.
• Demonstrated ability to use AI and digital tools to improve problem-solving, decision-making, and productivity while ensuring accuracy, compliance, sound judgment, and accountability for outcomes.

Nice to have

• Manufacturing industry experience.
• Understanding of SAP SD, PP, MM, and PS.

Details

• Location: Bengaluru, Karnataka, India.
• Full-time role; not remote.
• Willingness to adjust working hours in line with business and operational requirements.
• Subject to pre-employment background screening, which may include enhanced checks for roles involving financial responsibilities.