Finance Controlling Analyst - CP&O

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The Opportunity

Join the Controlling Practice and Operations (CP&O) team as a Finance Analyst based in Bengaluru. In this role, you will support manufacturing sites and business units by driving costing, financial planning and analysis, and controlling activities, providing insights that drive operational performance and achieve business objectives. This role offers the opportunity to work at the intersection of finance, operations, and business partnering, with broad exposure to global manufacturing finance and collaboration across Hitachi Energy. Ideal for an analytical and self-driven finance professional, the position provides opportunities to deepen expertise in SAP FICO, FP&A and performance management, while contributing to continuous improvement initiatives within the Controlling Capability Centers

How You'll Make an Impact

• Analyse business performance against budget and forecast, identify key drivers and trends, and provide value-adding 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), enabling performance evaluation and decision support within MTO (Make to Order) and MTS (Make to Stock) business models

• Analyze balance sheet movements, inventories, networking capital, capital expenditure, and cash flow, and recommend actions where required.

• Prepare recurring management and corporate reports in line with the reporting calendar and support planning, budgeting, and forecasting activities.

• Validate financial data through reconciliations and exception reviews, and support internal controls, SOX, statutory audits, and internal audits.

• Cashflow – Analysis of Cash in and Cash Out Direct Method and Indirect method – Gap analysis b/w actual and forecast

• Support preparation of relevant organization financial reporting, business planning, budgeting, and forecasting

• Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions

• Improve productivity and service quality by automating solutions, eliminating duplicate work, standardizing reports and processes, and adhering to Controlling Capability Centers KPIs

• Any other Ad Hoc work/assignment/job given, based on urgency and requirement, from time to time which are not listed above

• Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and business

Your Background

• Bachelor's degree in accounting, together with CMA, CA, or MBA qualification.

• 2 to 4 years of experience in financial planning and analysis; manufacturing industry experience is preferred.

• Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis.

• Hands-on experience with SAP FICO and CO-PA, understanding of SAP SD, PP, MM, and PS is preferred.

• Proficiency in Microsoft Office tools, particularly Excel and PowerPoint.

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• 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

More About Us

• Hitachi Energy offers exposure to diverse business units and opportunities to advance process standardization, automation, continuous improvement, and service quality across the organization.

• Willingness to adjust working hours in line with business and operational requirements

• Hitachi Energy is committed to fostering an inclusive workplace and advancing a sustainable energy future.

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. 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.