The Hitachi invited applications for the post of Manager Freight Settlement.
QUALIFICATIONS
- Bachelor’s degree in commerce / Account & Finance / MBA Finance.
- Experience of 8 to 10 years.
- Knowledge of SAP with respect to FI Module.
- Proficiency in both spoken & written English language is required.
RESPONSIBILITIES
- Strategy Contributes to the definition of the strategy for the business unit. Serves as the key partner for the relevant business controllers & leader in determining strategy for area of responsibility, aligning with wider strategy, implementing, and adjusting in implementation as needed. Maintains constant contact with relevant business managers and Controllers regarding financial, market and customer situation and outlook.
- Business Planning and forecasting Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to Local business & finance Division Manager. Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions.
- Business performance and decision support Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization and capital efficiency. Manages and closely monitors the payments & spend including budget and takes action to improve Net Working Capital. Special focus areas: Transportation Contracts, PO’s, Budget, deviations, saving opportunities, over/under-absorption analysis.
- Tender Stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process.
- Project Execution Provides input to the Project Execution Plan on financial aspects.
- Freight Settlement Provides updates on supplier freight settlement with reconciliation and coordination with payment teams for timely pay-out. Alignment of payment to suppliers as per contracts.
- Monitoring and review Participate in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. Supports the Project Planners in coordinating and preparing monthly reviews. Participates in preparing the project cost report. Verifies the substance for cost to complete.
- Commercial terms Provides support on claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager up-stream (towards customer), side-stream (towards consortia partner) as well as down-stream (towards suppliers).
- Risk management Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure.
- Financial reporting and business information Establishes and oversees processes and tools necessary to obtain transparent and reliable financial data and business information. Ensures high quality of financial data and business information in line with defined standards and financial closing schedules.
- Internal controls and compliance Ensure transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.
- Communication with internal stakeholders Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center, and other internal customers to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility.
- People leadership and development Ensures (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.
- Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
JOB LOCATION: BANGALORE
For more details and to apply, click here
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