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Cost Accounting Capability- Analyst

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Job Description

The opportunity:

Build and contribute to the team within the Controlling Capability Centers serving the entire Finance & Controlling organization as a command center for CO module and Management Accounting activities on S4/HANA. The work requires engagement with Global Functions, BUs, and Hitachi central organization to understand requirements, priorities, and planned initiatives. We have implemented one ERP across 60 countries with S/4Hana system (Project Reiwa) and in the process of harmonization of the Controlling related activities.

How you'll make an impact:

  • Mapping of Business processes with more focus on Financial Planning and Analysis, setting up procedures / developing guidelines - playbooks and training materials as part of Record 2 Report process.
  • Support the Global Functions, BUs on new initiatives.
  • Master Data maintenance W.r.t Activity Type, Activity Rates.
  • Performing RA (Result Analysis) runs and analyzes the impact on Revenue, COGS, Inventory for the Sale order, Service order and Project (WBS) archetypes.
  • Material Ledger and its impact on Result Analysis and Inventory valuation.
  • Periodic activities relating to Controlling Module.
  • Product Costing, (Standard costing) Purchase info record, Cost Object Controlling, Profit Centre Accounting.
  • Setting up of Assessment and Distribution Cycles including CO-PA cycles.
  • Value Flow Analysis, Margin Reporting process. Analysis of Under/Over absorption of overheads and finding its root cause.
  • Maintenance of Activity Rates and assessing the impact on Inventory valuation.
  • Evaluate run-organization requirements.
  • Ensure adherence to Internal Controls.
  • Automation of processes.
  • Maintenance of necessary Knowledge documents / Play Books w.r.t processes.
  • Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
  • Proactively find areas for process improvement / report standardization across all 60 countries across all Business units.
  • Adhering to the Controlling Capability centers KPIs to ensure continuous improvement and maintain service quality.
  • Responsible for ensuring compliance with applicable external and internal regulations, procedures, and guidelines.
  • Living Hitachi Energy's core values safety and integrity, which means taking responsibility for your own actions while caring for yourcolleagues and the business.

Your background:

  • Should have bachelor's degree in accounting with CMA / CA / CMA Inter / CA Inter / M. Com.
  • Must have more than 4-6 years of experience in S/4Hana.
  • Certification in SAP FICO modules would be preferred.
  • SAP technical knowledge (S/4Hana. FI/CO mandatory).
  • Experience from stakeholder management, global orientation with networking skills.
  • The position requires analytical capabilities, strong motivation for delivering on time, and the ability to work under pressure.
  • Controlling model Result-oriented team player with strong attention to detail, good organizational and project management skills.
  • Preferably working in Manufacturing Organization and Project environment / R2R experience.
  • Working Knowledge of Sales & Distribution, Production Planning, Projects, and Material master modules in SAP.
  • Ability to work with diverse teams across different countries.
  • Proficiency in both spoken & written English language is required.

More Info

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About Company

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD. www.hitachienergy.com

Job ID: 153486955

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Bengaluru, India

Skills:

S4 HanaSap FicoMaterial LedgerSales DistributionAssessment and Distribution CyclesCO-PA cyclesCost Object ControllingProduction PlanningAutomation of processesMaster Data maintenanceValue Flow AnalysisMaterial master modulesProfit Centre AccountingResult AnalysisProduct CostingKnowledge documents

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