Factory/ Plant Controller - Controlling Practice & Operations
Hitachi
Bengaluru, Karnataka, IndiaremotePosted 10 months ago
Skill Required
Business AnalysisWeb Accessibilityanalyticaletc.)SAPFulltime
Key highlights
- 1 - 6 years' experience in Financial Planning and Analysis required.
- Hands-on experience in SAP FI/CO including CO-PA is required.
- Bachelor's degree in accounting with CMA/CA/MBA required.
- Manufacturing experience background is preferred.
- Role supports controlling capability center KPIs and process standardization.
- Reasonable accommodations available for qualified individuals with disabilities.
Role overview
This role involves performing financial planning and analysis activities, including budgeting, forecasting, reporting, and business partnering, with a focus on manufacturing operations. The position requires hands-on experience in SAP FI/CO, CO-PA, and financial controlling tools, along with strong analytical and communication skills. The individual will support controlling capability center KPIs, drive process standardization, and collaborate with factory/business/hub controllers to identify performance trends and provide value-adding insights.
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.
- 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.
Requirements
- 1 - 6 years' experience in Financial Planning and Analysis.
- Bachelor's degree in accounting with CMA/ CA / MBA.
- 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.
- 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.
- Knowledge in Standard costing - Made To Order/ Made To Stock Scenario.
Nice to have
- Manufacturing experience background preferable.
- Prior experience in controlling COE setup is preferred.
Additional details
- 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.