Project Controller

Hitachi Rail · Assam, India

Job Description

HITACHI RAIL is looking for an enthusiastic self-motivated Project Controller who thrives

in a fast-paced environment. The successful candidate is comfortable performing a wide

range of tasks from administrative to strategic. The position is based in Bangalore, India.

Accountabilities:

Project level responsibilities include, but are not limited to, the following:

In conjunction with Project Team, develop the Work Breakdown Structure and

Budgets for the project

Work with Work Package Leaders (WPL) to develop accurate cost to complete

estimates and percent complete evaluations

Track, monitor and report planned budgets/forecast vs. actual spend using project

controlling tools (SAP, PCS and other tools). Provide variance explanations and

possible recovery plan actions

Work with Project Planner to review latest schedule and quarterly report the Earned

Value

Monthly reporting of project results

Assist with the preparation, processing and tracking of contract Change Orders

Work with the project manager to assist with the preparation and tracking of

potential claims for additional work

Track internal and external invoicing and reconciliation of cash receipts and

retention.

Understand and report on the cash flow position of the project

Work with global controllers for Intracompany projects

Track subcontractor invoicing, payments and reconciliations

Review and approve Purchase Order Requisitions in alignment with budget and

track P.O.s in PCS.

Prepare quarterly forecasts and annual budget and reporting of the key performance

indicators for the project

Monitor the financial "health" of the project and raise the "red flag" when a negative

impact or condition arises.

Calculate EVA at global level in accordance with group controlling mode

Resolve of queries from global reporting on actual, variance to budget, workload,

risk , opportunities etc

Support functional Manager on project progress, key numbers and other

assignments like arbitration, claims etc.

Support local ADMN in filling of Lower tax and other fillings as per statute

Address queries both from Statutory, Internal and Global auditor. Resolve open

points with auditor pertains to project progress, delay, un-billed revenue, cost

overrun, EOT etc.

Required Skills/ Knowledge:

10-15 Years of experience

Knowledge of statutory (SAP) and management (reporting) Tools

Knowledge in Project cost control, Project Management

Expertise of Accounting & finance, Tax, requirements

Knowledge of legal requirements (Contract clauses , Bond text; L/C )

Languages: English and Other Indian Language.

Education/Qualifications:

CMA/CA/MBA with 8-10 years of experience in handling Trunkey Project;

Degrees in accounting or equivalent with experience of 10-15 years in handling

Trunkey Project.