Financial Analyst - Factory controller

Job description

**Role & responsibilities** - Perform analysis of business performance versus budget and forecast. - Review of Orders received, and Orders received Gross Margin and monthly reporting. - Reconciliation of Order backlog and Order backlog Gross Margin. - Business partnering with Local Factory/Business/Hub Controllers to understand and analyze the drivers of financial performance and identify trends; propose value add. - Analysis of overhead under / over absorption indicating root cause. - Result Analysis Revenue Recognition Good understanding of Revenue recognition principles and industry practices; Point in time and Over period. Good understanding of RA keys logic in S4 HANA. - Hands-on experience in COPA - KE24/KE30 - Product wise and Customer-wise Profitability Analysis. - Review the monthly financial performance in the Income Statement against Budgets/Forecast and support in monthly reviews before month closing. - Balance sheet analysis proactively identify the movements between different periods with the reasons of deviation and advise controllers for necessary action. - Perform monthly MIS/Corporate Reporting as per the Corporate calendar. - Perform activities related to Internal controls and SOX audit. - Comparison of monthly/quarterly MIS data with different benchmarks and giving comments/remarks. - Capital Expenditure budget and actual spent tracking and analysis on monthly basis. - Analysis of inventories, NWC (Net Working Capital) – comparison over periods with reasons of movement. - Knowledge in Standard Costing - Made To Order/ Made To Stock Scenario. - Cashflow – Analysis of Cash in and Cash Out Direct Method and Indirect method – Gap analysis between. - Support preparation of relevant organization financial reporting, business planning, budgeting, and forecasting. - Support for Statutory audit and internal audit - Preparation of audit schedules. - Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions. - Any other Ad Hoc work/assignment/job given, based on urgency and requirement, from time to time which are not listed above. - Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. - Proactively find areas for process / report standardization across different countries, divisions, and 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 your colleagues and the business. **Preferred candidate profile** - Bachelor’s degree in accounting with CMA/ CA / MBA - Up to 6 years’ experience in Financial Planning and Analysis, with manufacturing experience background preferable and Prior experience in controlling COE setup is preferred. - Willingness to work in flexible shifts (day shifts) in an office-based environment (On-site). - Strong analytical and critical thinking skills with independent problem-solving capability. - Effective communication & presentation skills. - Hands-on experience in SAP FI CO including CO-PA and Understanding on other modules like SD, PP, MM, PS MTO, MTS and ETO architypes. - Proficiency in MS Office tools (Excel, PowerPoint, etc.). - Initiative-taking with a strong commitment to quality adhering to strict deadlines. - Proficiency in both spoken & written English language is required.