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 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
VACANCY DETAILS :-
POST NAME - Cost Accounting Analyst
QUALIFICATION - B.Com With CA Inter/CMA Inter/CA/CMA/M.Com
EXPERIENCE - 2 Years
LOCATION - Bangalore
JOB DESCRIPTION :-
Role requires working on SAP S/4HANA Controlling (CO) and Management Accounting activities within the Controlling Capability Center supporting the global Finance & Controlling organization. The role involves partnering with Global Functions, Business Units, and Hitachi Energy's central organization to drive process harmonization, financial planning, costing, profitability analysis, and standardization of Controlling processes across 60+ countries operating on a unified S/4HANA ERP platform.
How you'll make an impact :
- Perform SAP S/4HANA Controlling (CO) activities supporting global Finance & Controlling operations.
- Leverage strong SAP FI/CO expertise to support management accounting and controlling processes.
- Map business processes with a focus on Financial Planning & Analysis (FP&A) and Record-to-Report (R2R) activities.
- Develop and maintain procedures, process guidelines, playbooks, and training materials for Controlling processes.
- Support Global Functions and Business Units in implementing new initiatives and process improvements.
- Maintain Controlling master data including Activity Types and Activity Rates.
- Perform Result Analysis (RA) runs and evaluate impacts on Revenue, COGS, and Inventory.
- Analyze Result Analysis outputs for Sales Orders, Service Orders, and Project (WBS) structures.
- Understand and assess Material Ledger impacts on Inventory Valuation and Result Analysis.
- Execute periodic Controlling activities and support month-end and year-end closing processes.
- Perform Product Costing and Standard Costing activities within manufacturing environments.
- Manage Purchase Info Records, Cost Object Controlling, and Profit Center Accounting processes.
- Configure and maintain Assessment Cycles, Distribution Cycles, and CO-PA cycles.
- Perform Value Flow Analysis and Margin Reporting to support business decision-making.
- Review and analyze overhead under-absorption and over-absorption, identifying root causes and corrective actions.
- Maintain Activity Rates and evaluate their impact on product costing and inventory valuation.
- Assess run-organization requirements and support operational excellence initiatives.
- Ensure adherence to Internal Controls, compliance policies, and governance requirements.
- Drive automation initiatives to improve efficiency, productivity, and reporting accuracy.
- Develop and maintain knowledge repositories, process documentation, and playbooks.
- Identify opportunities for process improvements and report standardization across countries, divisions, and business units.
- Collaborate with stakeholders across global functions and diverse international teams.
- Support continuous improvement initiatives while meeting Controlling Capability Center KPIs.
- Optimize productivity through automation, elimination of duplications, and efficient information coordination.
- Uphold Hitachi Energy's core values of safety and integrity while delivering high-quality financial and controlling support.
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