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Hitachi Energy

Accounting Specialist Professional

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Job Description

Function

Finance

Our Company

We're Hitachi Vantara, the data foundation trusted by the world's innovators. Our resilient, high-performance data infrastructure means that customers - from banks to theme parks ­- can focus on achieving the incredible with data.

If you've seen the Las Vegas Sphere, you've seen just one example of how we empower businesses to automate, optimize, innovate - and wow their customers. Right now, we're laying the foundation for our next wave of growth.We're looking for people who love being part of a diverse, global team - and who get excited about making a real-world impact with data.

Job description

The successful candidate will be responsible for the followings:

Experience : 8-14Yrs

Work location : Hyderabad

1. Journal Entry Management

  • Design, standardize, and maintain global journal templates in compliance with accounting standards.

  • Set up, post, and review complex journal entries including FX revaluations, provisions, share-based payments, lease accounting, treasury, and tax transactions.

  • Drive automation, implement quality checks, and ensure adherence to accounting policies and materiality thresholds.

  • Maintain SOX compliance update related controls and documentation on a regular basis.

2. Balance Sheet Reconciliations

  • Own the global reconciliation methodology and formats.

  • Define risk-based reconciliation frequency and review high-risk or judgmental accounts.

  • Provide technical accounting guidance for unusual items and ensure timely clearance of aged balances.

3. Financial Close and Consolidation

  • Coordinate with Corporate Controllership to design month/quarter-close calendars and task lists.

  • Optimize sequencing of close activities and monitor completion status.

  • Handle complex areas such as consolidation adjustments, intercompany eliminations, and group recharges.

  • Ensure one-off and non-recurring transactions are properly captured and documented.

4. Policy, Controls, and Governance

  • Partner with Controllership/Internal Control to define and roll out:

    Capitalization rules, thresholds, and exceptions.

    End-to-end R2R process documentation, ownership matrices, and cross-entity governance models.

    Enhanced SOX documentation and control frameworks (key vs non-key controls).

  • Perform control testing, lead remediation of deficiencies, and standardize documentation globally.

5. Fixed Assets and Lease Accounting

  • Oversee the fixed asset register to ensure compliance with Global Capital Asset Policy.

  • Serve as subject matter expert in lease accounting (IFRS 16 / ASC 842 / Ind AS 116).

  • Define policies, review complex lease arrangements (embedded, variable, options), and manage system configuration updates.

6. Intercompany Reconciliations

  • Perform intercompany reconciliations and confirmations to ensure accurate eliminations during consolidation.

  • Investigate and resolve mismatches with counterpart entities, ensuring compliance with markup and tax regulations.

7. Reporting and Analytics

  • Define R2R KPIs and performance scorecards.

  • Design automated reporting processes and dashboards that deliver regional and global financial views.

  • Ensure that all reports adhere to IFRS/Ind AS and internal reporting standards.

8. Leadership and Continuous Improvement

  • Lead, mentor, and develop a team of accountants, including training and capability-building sessions.

  • Provide IT and system support guidance to team members.

  • Lead process transformation and re-engineering initiatives to improve efficiency and control.

  • Manage large-scale projects and cross-functional initiatives, exercising independent judgment and thought leadership.

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About us

We're a global team of innovators. Together, we harness engineering excellence and passion for insight to co-create meaningful solutions to complex challenges. We turn organizations into data-driven leaders that can a make positive impact on their industries and society. If you believe that innovation can inspire the future, this is the place to fulfil your purpose and achieve your potential.

Fostering innovation through diverse perspectives

Hitachi is a global company operating across a wide range of industries and regions. One of the things that sets Hitachi apart is the diversity of our business and people, which drives our innovation and growth.

We are committed to building an inclusive culture based on mutual respect and merit-based systems. We believe that when people feel valued, heard, and safe to express themselves, they do their best work.

How we look after you

We help take care of your today and tomorrow with industry-leading benefits, support, and services that look after your holistic health and wellbeing. We're also champions of life balance and offer flexible arrangements that work for you (role and location dependent). We're always looking for new ways of working that bring out our best, which leads to unexpected ideas. So here, you'll experience a sense of belonging, and discover autonomy, freedom, and ownership as you work alongside talented people you enjoy sharing knowledge with.

We're proud to say we're an equal opportunity employer and welcome all applicants for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran, age, disability status or any other protected characteristic. Should you need reasonable accommodations during the recruitment process, please let us know so that we can do our best to set you up for success.

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About Company

Hitachi brings together the world's greatest minds to help breathe life into new possibilities - and drive innovation for a better future. That's why we look for individuals who share our pioneering spirit, have imaginative ideas and are fearless when it comes to tackling the world's biggest challenges. Our people love technology - and they love making a difference. They have a passion for finding new solutions and working with brilliant colleagues. Every day they dedicate themselves to a huge range of exciting projects, contributing to the Hitachi vision around the globe. From engineering new sustainability solutions that conserve water and energy to creating the infrastructure for the smart cities of tomorrow, there's no challenge too great for our pioneers. And there's no shortage of opportunities for you to make a difference. Come and experience the dynamic, collaborative and creative environments where your ideas are welcome and new discoveries are waiting. To help you grow to your full potential, we strive to support our employees in their career aspirations and promote the freedom to explore new horizons.

Job ID: 146455087

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