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For Companies At a Glance
- Tasks: Manage project finances, cash forecasting, and reporting for exciting global projects.
- Company: Join Hitachi Rail, a leader in digital transformation and technology with a global presence.
- Benefits: Enjoy competitive salary, performance bonuses, 25 days holiday, and flexible perks.
- Why this job: Be part of a diverse team driving innovation and sustainability in the rail industry.
- Qualifications: Qualified accountant with advanced Excel skills and experience in finance for long-term projects.
- Other info: Opportunities for occasional travel and collaboration with international teams.
The predicted salary is between 43200 - 72000 £ per year.
A career at Hitachi Rail will help create a legacy. With operations in every corner of the world, our work goes to the cutting-edge of digital transformation and technology. From the multi-cultural strength of our global organisation to the sustainable and innovative ways we work to bring people together, there’s something for everyone to get stuck into.
Your new role
Here at Hitachi Rail, we have a unique and exciting opportunity for a Project Financial Controller. As the Principal support to Project teams for all financial aspects of projects, you will be responsible for the following deliverables:
- Management of Project EACs, ensuring all changes are correctly recorded and evidenced, maintaining a reconciliation back to the original As Sold position.
- Management of project cash forecasting, driving net cash optimisation across projects, ensuring cash-in forecast is aligned to the project delivery programme, and cash-out is logical and understood.
- Review Balance Sheets of projects to ensure accuracy, by checking working capital movements each month.
- Maintain monthly forecast files for projects, considering the project delivery programme, the actual position and a forecast of costs to complete.
- Maintain register of all risks and opportunities against project Gross Margins, articulating these items in monthly reporting and meetings with senior project teams.
- Reporting, analysing and challenging all project costs, undertaking monthly financial reviews with each business function, holding them to account on spend against budget and changes to EAC.
- Prepare monthly project finance reports providing financial status of projects, covering: P&L, Balance Sheet, cashflow, headcount and KPIs.
- Production of accurate and on time budgets and forecasts, that consider all risks and opportunities, prepared on Trial Balance basis, with movements to prior year well explained.
- Prepare monthly/quarterly reports on actual performance against budgets and forecast, providing in depth variance analysis.
- Provide timely information required by FP&A department for production of monthly management accounts and any ad-hoc requests.
- Support the process for costing variation orders through to customer submission, ensuring all costs are backed up by quotes or detailed calculations.
- Prepare benchmark analysis of costs against actuals where possible.
- Manage sales invoices, milestone payments and related matters, working closely with other finance teams to manage the cash cycle.
- Liaise with Finance teams in Japan and Italy to help consolidate global financial reporting.
- Ensuring projects follow all financial aspects of J-SOX and Internal Audit governance, and lead external audit for responsible projects.
About you
Essential:
- Advanced Excel Skills
- Excellent analytical skills
- Experience with SAP
- Experience of working in matrix environment with multiple reporting lines
- Excellent inter-personal skills and ability to work as part of a cross-cultural team
- Flexibility for occasional travel to HRE locations around the UK.
Desirable:
- Experience of finance for long term projects
- Understanding and appreciation of Japanese working practices
- Experience of working within a manufacturing organisation producing heavy plant or machinery (e.g. Aerospace, Railway).
Qualifications:
- Qualified accountant – CIMA, ACA, CA, ACCA +5 years PQE
- Honors level degree preferable
What we offer
We value the importance of all of our employees. If you would like to join our fantastic organisation, you could be entitled to:
- Competitive salary
- Annual Performance bonus paid on discretionary basis
- 25 days holiday
- Pension scheme with contributions up to 9%
- Private medical insurance
- Personal Accident insurance
- Group Income protection
- Group Life Insurance
- Employee Assistance Programme
We also offer additional perks for you to choose from within a flexible plan that will meet your specific needs and lifestyle.
Thank you for your interest in Hitachi Rail. If your application is of interest, we will be in contact. Please do not hesitate to discover more about us and our latest jobs at Hitachi Rail Careers.
At Hitachi Rail, there is a place for everyone. We welcome and value differences in background, age, gender, sexuality, family status, disability, race, nationality, ethnicity, religion, and world view. It is our commitment to create an inclusive environment - we are proud to be an equal opportunity employer.
Project Financial Controller employer: H-E Parts
Contact Detail:
H-E Parts Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Financial Controller
✨Tip Number 1
Familiarise yourself with Hitachi Rail's projects and financial practices. Understanding their approach to project financial control will help you speak their language during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of Hitachi Rail, especially those in finance roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your interview preparation.
✨Tip Number 3
Brush up on your SAP skills and advanced Excel techniques. Since these are essential for the role, showcasing your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with long-term project finance and any relevant industry knowledge, particularly in manufacturing or heavy machinery. This will show that you understand the specific challenges and requirements of the role.
We think you need these skills to ace Project Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Project Financial Controller role. Emphasise your advanced Excel skills, analytical abilities, and any experience with SAP or in a matrix environment.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the financial aspects of project management. Mention specific examples from your past work that demonstrate your ability to manage project EACs and cash forecasting.
Highlight Relevant Qualifications: Clearly state your qualifications, such as being a qualified accountant (CIMA, ACA, CA, ACCA) and your years of post-qualification experience. If you have an honours level degree, make sure to mention it as well.
Showcase Interpersonal Skills: Since the role requires excellent interpersonal skills and the ability to work in a cross-cultural team, provide examples of how you've successfully collaborated with diverse teams in previous roles.
How to prepare for a job interview at H-E Parts
✨Showcase Your Financial Acumen
As a Project Financial Controller, you'll need to demonstrate your expertise in financial management. Be prepared to discuss your experience with project EACs, cash forecasting, and variance analysis. Use specific examples from your past roles to illustrate your skills.
✨Familiarise Yourself with SAP
Since experience with SAP is essential for this role, make sure you brush up on your knowledge of the software. If you have any specific projects where you've used SAP, be ready to share how it helped you manage financial data effectively.
✨Understand the Company Culture
Hitachi Rail values a cross-cultural team environment. Research their company culture and be prepared to discuss how you can contribute to a diverse workplace. Highlight any previous experiences working in multicultural teams.
✨Prepare for Technical Questions
Expect technical questions related to financial reporting, budgeting, and internal audits. Review key concepts and be ready to explain how you would handle specific financial scenarios relevant to project management.
