India LSU Controller

Hitachi Energy is currently looking for an LSU Controller for the Services Business to join their team in Vadodara, GJ. This team seeks a skilled and motivated individual.

The ideal candidate must enjoy working in a dynamic, fast-paced business environment. He or she must be flexible in accommodating business requirements and experience in working with diverse groups and cultures. The ability to multitask & deliver within timelines is essential. The candidate will have excellent communications skills.

Mission Statement:

The LSU Controller is the LSU Manager's strategic and business partner and is accountable for the business performance and the effective financial management, planning, budgeting, forecasting, reporting and analysis of the LSU. The LSU Controller plays a key role in strategic and operational decision-making within the LSU (e.g. investment, risk management, contract management, compliance, etc.). This role will report to the Hub controller with dotted line responsibility to LSU manager.

• Strategy: Contributes to implements and executes the defined fit-for-purpose Service strategy and business model within the LSU.
• Business planning, budgeting and forecasting: Translates strategy into business plans and sets measurable targets within LSU. Accountable for the business planning, budgeting and forecasting processes, following the global BU, HUB BU and company planning, budgeting and forecasting processes. Serves as the main interface between the Service BU and the company functions within the LSU. Evaluates financial implications of various strategic decisions, build scenarios and recommends actions.
• Business performance: Accountable for the overall business performance of LSU. Monitors business progress, provide insights, by leveraging data, to drive and support strategic and operational decision-making. Drives profitable growth, fit-for-purpose cost structure, productivity improvement and capital efficiency. Ensures effective cash flow and net working capital management.
• Risk management: Ensures risk management processes are effectively implemented within LSU.
• Contract management: Ensures all contract management activities are executed within the LSU, in accordance with the global BU instructions and company regulations. Manages and negotiates financial terms and conditions and ensures compliance with contractual obligations.
• Governance: Ensures overall financial governance is in place within the LSU and drives implementation of processes to ensure compliance with global BU/ HUB BU and company governances, regulations, policies and instructions. Leads initiatives to improve Finance and Controlling processes within the LSU.
• Internal controls and compliance: Accountable for transparency in financial reporting and disclosures. Implements and maintain effective internal controls within the LSU. Ensures compliance with the global BU and company regulations and supports internal and external audits. Ensures an effective assurance process within the LSU.
• Financial reporting and management: Accountable for obtaining transparent, timely, accurate and reliable financial and business data, by leveraging the established processes and tools, following the company's and global BU's closing and reporting timetable. Prepares business relevant reports and presentations to HUB BU and LSU management teams.
• Optimization and continuous improvement: Leads optimization and continuous improvement initiatives, related to Finance and Controlling, within the LSU.
• Communication and knowledge sharing: Leads, provides guidance and facilitates best practice sharing within the LSU Finance and Controlling community to ensure alignment and consistency of Finance and Controlling practices
• People leadership and development: Builds a fit-for-purpose and best-in-class Finance and Control-ling community. Contributes to the company's Finance people strategy and capability development, building our future-ready and future-proof Finance.

• Bachelor's or master's degree in business administration, Finance
• Strategic, critical and analytical thinking capabilities
• In depth knowledge of Finance and Controlling, Risk Management
• Operational experience in Finance and Controlling, Risk Management
• Excellent communication and interpersonal skills
• Experience within the Energy Industry
• Good in verbal and written communication and demonstration.
• Proficiency in both spoken & written English language is required