Cost Accounting Analyst -CP&O

Location: Bengaluru, Karnataka, India Job ID: R0141682 Date Posted: 2026-09-01 Company Name: HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITED Profession (Job Category): Finance Job Schedule:  Full time Remote: No Job Description: The Opportunity:

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.

Your background: Bachelor's degree in Accounting, Commerce, Finance, or related field with CA / CMA / CA Inter / CMA Inter / M.Com qualification. up to 2 years of experience in SAP S/4HANA Controlling, Cost Accounting, Management Accounting, or Financial Controlling functions. Strong hands-on experience in SAP FI/CO modules is mandatory. Sound knowledge of SAP S/4HANA Controlling model and Management Accounting processes. Experience in Financial Planning & Analysis (FP&A), budgeting, costing, and controlling activities. Hands-on exposure to Result Analysis (RA), Product Costing, Cost Object Controlling, and Profit Center Accounting. Strong understanding of Material Ledger, Inventory Valuation, and Margin Analysis concepts. Experience in configuring and managing Assessment Cycles, Distribution Cycles, and CO-PA processes. Manufacturing industry experience and exposure to project-based environments preferred. Experience in Record-to-Report (R2R) processes is an advantage. Working knowledge of SAP modules including Sales & Distribution (SD), Production Planning (PP), Project Systems (PS), and Material Management (MM) . Strong analytical, problem-solving, and critical thinking skills. Excellent stakeholder management and business partnering capabilities. Effective verbal and written communication skills in English. Strong organizational, project management, and multitasking abilities. Ability to work effectively under pressure and meet strict deadlines. Proactive mindset with a strong focus on process automation and continuous improvement. Global orientation with the ability to work collaboratively across different countries and cultures. Strong networking and relationship management skills. Commitment to quality, compliance, and service excellence. SAP FICO Certification will be an added advantage. Proficiency in MS Office tools, especially Excel and PowerPoint. Ability to drive process standardization and operational excellence initiatives across global teams. Result-oriented team player with strong attention to detail and a high level of accountability. Adherence to Controlling Capability Center KPIs to ensure continuous improvement and maintain service quality.

“Demonstrates effective use of AI and digital tools to enhance problem-solving, decision-making, and productivity, while applying sound judgment, ensuring accuracy and compliance, and maintaining accountability for outcomes.”

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Background Screening and Security Checks As part of the hiring process, Hitachi Energy conducts pre-employment background checks that may include verification of employment history, education, criminal records, and other relevant information, in accordance with applicable laws. For certain roles—particularly those involving access to sensitive information, financial responsibilities, client data, regulated environments, or security-sensitive functions—additional or more comprehensive background or security screenings may be required. These may include, but are not limited to, enhanced criminal history checks, credit history reviews (where legally permissible), sanctions screening, or other due diligence measures aligned with the responsibilities of the position. The scope and depth of any background or security review will be determined based on the nature of the role and business necessity, and will always be conducted in compliance with applicable federal, state, and local laws. Candidates will be notified and, where required, asked to provide consent prior to the initiation of any such checks.