The opportunity:
Hitachi Energy's Grid Integration business unit has delivered more than 4,000 projects over the last 15 years. Our Grid Integration portfolio spans a wide range of transmission and substation applications, which facilitate reliable and efficient system integration of the future digital electric network with minimum environmental impact. We incorporate the integrated systems, solutions and services of our business' DC and AC fields, including HVDC, Substations, FACTS, Grid and Power Quality solutions such as offshore wind connections, and Semiconductors. We offer Power Consulting for key segments in the energy system, such as renewables, transmission distribution and as well as e-transportation solutions.
Want more jobs like this?
Get jobs in Kuala Lumpur, Malaysia delivered to your inbox every week.
Act as business partner to the Operation Manager and Project Managers, responsible for all financial and commercial matters and actively driving the project's performance. Assigned to multiple projects.
How you'll make an impact:
- As part of an overall Project Execution Plan, you will involve in covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc., support project invoicing, and liquidation of outstanding, manage currency risk, tax issues, bonds, guarantees, coordinate for financial accounting and reporting (including project site accounting).
- You will drive and seek optimization of project cash flow, revenues and gross margin contribution together with Project Managers, involve in preparation of various Financial MIS, and circulation to team (upstream towards the management and downstream towards PM/APM/Site Team and various functions) to make the team aware of the financial performance and desired actions to maintain healthy project financials.
- You will establish project governance process, participate in opportunity/risk identification ensure that all required mitigation actions are timely implemented, drive, co-ordinate and prepare monthly project reviews jointly with the Project Manager. You will review and have joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasting Revenues and Cash in, Cash out.
- You will drive implementation of actions to reach the forecast, drive problem solving activity to ease the bottleneck and Risks, opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling" and provide early warning and update on the same.
- You will take responsibility for timely Review and Updating Project review Templates/materials for onward review with LOU / HBL/BL, updating Promis report for the projects on a monthly basis. You will promote commercial awareness in the project team and provide commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions), drive claim management, back-charges, insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers).
- You will do follows up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility, responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions and drive, setup and closure of all taxation matters pending against projects along with project manager and responsible to close all taxation documentation of projects.
- 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.
- You will be responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
Your background:
- You hold University degree on accounting/finance.
- More than 6 years of Project business controlling experience.
- Expert knowledge of IFRS, USGAAP standard accounting.
- Leadership skill to manage different cultures and cross function leads.
- Possesses excellent interpersonal, communication, problem-solving skills and capable of working effectively under own initiative.
More about us:
We pride ourselves on offering a holistic range of competitive benefit programs to support your financial, physical and mental wellbeing and personal development. We want you to truly thrive with us - in work and out. For this role, depending on grade and experience, we offer the following employee benefits (subject to the respective plan rules):
- Employer-sponsored medical plan (inc. dental care)
- Employer provident fund (EPF) - employer and employee
- Group Term Life insurance, Group Personal Accident insurance, Group Business Travel insurance
- Hospitalization Insurance
- Leave programs (Annual leave, medical leave, Hospitalization leave, Exam leave etc.)
*Benefits are subject to the respective plan rules.
We can provide more information during the recruitment process.
Apply now
Current employees apply here