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Core R&D Project Controller - Controlling Practice & Operations

The opportunity:
 

The R&D Controller is responsible for overseeing the financial and commercial performance of R&D projects. This role involves managing budgets, forecasts, reporting, and financial reporting to ensure alignment with strategic objectives.

How you’ll make an impact:
 

  • Develop R&D strategies and monitor KPIs for quality, delivery, and cost.
  • Analyze project progress and ensure timely completion.
  • Own R&D budget and financial performance.
  • Create and evaluate budget framework.
  • Optimize cash flow; manage currency risk, tax, and financing.
  • Handle project capitalization, license fee, hourly rate.
  • Manage project creation and closure.
  • Full financial ownership for MACH.
  • Prepare Business Financial Execution Plan aligned with objectives.
  • Promote commercial awareness and provide input to execution plans.
  • Monitor claims, back-charges, and conduct project reviews.
  • Identify risks and implement mitigation actions.
  • Work closely with product management, engineering, and operations.
  • Ensure time writing and approval follow-up.
  • Support R&D management on budget issues and directives.
  • Supervise project accountants, cost engineers, and administrators.
  • Implement internal controls to prevent mistakes.
  • Ensure governance, compliance, assurance, and internal control.
  • 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.

Your Background:
 

  • Should have Post Graduate Degree or MBA (Finance), CA, ICWA.
  • Must have 8-10 Years of Experience in a R&D controlling or Project controlling within the construction, manufacturing or engineering industry (Mainly in Projects).
  • Proven experience as an R&D project controller
  • Proficiency in SAP S/4HANA, FICO, SD-PS, MS Office, Very strong excel skills.
  • Automation and process improvement mindset
  • Strong numerical and analytical skills.
  • Excellent attention to detail and organizational skills.
  • Proficiency in both spoken & written English language is required.

Location Bengaluru, Karnataka, India
Job type Full time
Experience Experienced
Job function Finance
Contract Regular
Publication date 2025-12-18
Reference number R0096420

About Hitachi Energy

Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future through innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives.

With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system.

Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD. We welcome you to apply today.