About Us

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. And that’s where you come in.

Hong Kong, China Hong Kong, Hong Kong (On-Site)

The Role

We are currently seeking a Project Cost Control Officer with experience in Project Management advantageous, but not required. The purpose of the role is to carry out controlling activities in cost monitoring, budgeting and forecasting, revenue and cash projection and work closely with project team to maintain and improve project financial health.

Responsibilities

Key financial indicators management: Have at all times full knowledge of project financial movements with regards to revenue, margin and cash. Be able to provide clear financial highlights to management during project review meeting

• Revenue and cash management: Understand the revenue recognition plan with PoC% cost method and billing plan( invoices and milestone payments) at project start, and perform regular review with project manager

• Overdue follow up: Manage and forecast cash movements monthly. Track cash –in overdue status, give alert to PMs and Finance head

• Cost Control: Track, monitor and report planned budgets/forecast vs. actual spend using project controlling tools (SAP, Excel). Provide variance explanations and possible recovery plan actions

• Project cost set-up in ERP: in conjunction with Project Team, develop the Work Breakdown Structure and Budgets for the project and ensure correct and approved cost recorded in SAP

• Invoicing reconciliation: Track both customer invoicing and suppliers invoicing, ensure consistent cash in/out

• Manage contract price changes: assist project team on variant order or additional work claim pricing, ensure project value and margin have been correctly updated with these changes

• Perform financial tasks with ERP: review and approve sales order, invoice request, purchase request, timesheet etc. in SAP

• Intra-company coordination: Work with global controllers or controller in other group entity on multi-entity project reporting

• Assist company budget/ forecast: provide project inputs and key assumptions to assist company quarterly forecasts and annual budget preparation

• Assist internal & external audit: reply project related audit queries and attend project review meeting required by auditor

Requirements

• Bachelor Degree with major in Accounting/ Finance/Business

• Project management experience or financial qualification preferred

• Strong financial planning and analysis skills

• Knowledge of IFRS and project accounting is a plus

• Commercial and business acumen

• Proactive, Self- motivated, independent with good interpersonal skills

• Team player, curious, open minded and flexible

• Advanced MS Excel skills, SAP is a plus

• Fluent in English - Cantonese / Mandarin is a plus

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 https://www.hitachirail.com/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.

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