Project Cost Estimation Experienced Professional

Hitachi Energy


Date: 2 weeks ago
City: Vadodara, Gujarat
Contract type: Full time
The opportunity

Act as business partner to the Vertical Head Project Controlling, Regional Operation manager and Project Managers, responsible for all financial and commercial matters and actively driving the project’s performance. Assigned to multiple projects.

How You’ll Make An Impact

  • Prepares a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc.). Supports on project invoicing, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, Revenues and GM contribution together with Project Managers.
  • Establishes project governance process. Participates in opportunity/risk identification ensure that all required mitigation actions are timely implemented. Drives, co-ordinates and prepares monthly project reviews jointly with the Project Manager. Reviews and has joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted Revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling”.
  • Promotes commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers).
  • Follows up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions. Drives, setup and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects.
  • Ensures (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.
  • Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
  • Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business

Your background

  • Candidate should hold CA / CMA / ICWA as educational qualifications with relevant work experience
  • Proficiency in both spoken & written English language is required

Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future through innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives.

With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system.

Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD. We welcome you to apply today.

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