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Senior Project Financial Controller

Location: London, POST-LON, United Kingdom
Job ID: R0011502
Date Posted: Feb 8, 2023
Segment: Mobility
Business Unit: Hitachi Rail
Company Name: Hitachi Rail Limited
Profession (Job Category): Other
Job Type (Experience Level): Experienced
Job Schedule: Full time
Remote: No

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Your new role

Here at Hitachi Rail we have a fantastic opportunity for an experienced finance professional to join the business at an exciting period of growth as Senior Project Financial Controller. This role will lead on two very significate projects within the organisation; the much anticipated HS2 and our newest venture, leading financial controls within our Rail Control division.

As the Senior Project Financial Controller you will be an integral part of the team working closely with Project Directors, customers and internal and external stakeholders in various Hitachi Rail operating countries. The ability to successfully business partner and communicate at all levels, translating and presenting key financial data is essential. Pulling from prior experience of working on major projects the Senior Project Financial Controller will have the ability to shape this role accordingly as the business continues to grow and develop.

This is a very exciting, busy time within Hitachi Rail so this is a fantastic opportunity for a dynamic individual who is keen to join the business and strive towards our continued success.

Who we are

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey. With a presence in 38 countries across three continents and over 13,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are working to Inspire the Next – and this is your chance to be part of it.

At Hitachi Rail you will find a passionate and collaborative environment. We operate according to our values of Harmony, Sincerity and Pioneering Spirit. As such, we work closely as a team and empower our colleagues to take ownership and become creative in our pursuit of excellence. We take pride in the contribution we make to society and we always act with integrity and fairness towards our customers, suppliers and colleagues.

Why Hitachi Rail?

Here at Hitachi Rail we value the importance of all of our employees, if you would like to join our fantastic organisation you could be entitled to:

  • Competitive salary
  • Annual Performance bonus paid on discretionary basis.
  • 25 days holiday
  • Pension scheme with contributions up to 9%
  • Private medical insurance
  • Personal Accident insurance
  • Group Income protection
  • Group Life Insurance
  • Employee Assistance Programme

We also offer additional perks for you to choose from within a flexible plan that will meet your specific needs and lifestyle.

About you…

Applicants should be able to demonstrate all of the essential requirements listed below:


  • Prior experience of finance from various major/long term projects.
  • Experience of working in matrix environment with multiple reporting lines would be beneficial
  • Excellent inter-personal skills and be able to work as part of a cross-cultural team
  • An understand or appreciation of Japanese working practises would be beneficial
  • Experience of working within a manufacturing organisation producing heavy plant or machinery (e.g. Aerospace, Railway) would be an advantage in this role.
  • Advanced Excel Skills
  • Excellent analytical skills
  • Experience with SAP


  • Financial Qualification (ACCA/CIMA) or equivalent

Role responsibilities include…

  • Principal support to Project teams for all financial aspects of projects
  • Management of Project EACs. Ensuring all changes are correctly recorded and evidenced, and reconciliation back to the original As Sold position
  • Management of project cash forecasting, driving optimisation of net cash across projects. And ensuring cash-in forecast is aligned to the project delivery programme, and cash-out is logical and understood
  • Review Balance Sheets of projects to ensure accuracy, by reviewing working capital movements each month
  • Maintain monthly forecast files for projects, that consider: the project delivery programme, the actual position and a forecast of costs to complete
  • Maintain register of all risks and opportunities against project Gross Margins. Articulating these items in monthly reporting and meetings with senior project teams
  • Reporting, analysing and challenging all project costs. Holding monthly financial reviews with each business function, holding them to account on spend against budget and changes to EAC
  • Prepare monthly project finance reports providing monthly and YTD financial status of projects, covering: P&L, Balance Sheet, cashflow, headcount and KPIs
  • Production of accurate and on time budgets and forecasts, that consider all risks and opportunities. Budgets prepared on Trial Balance basis and movements to prior year must be well explained
  • Prepare monthly/quarterly reports on actual performance against budgets and forecast, providing in depth variance analysis
  • Provide timely information required by FP&A department, for production of monthly management accounts and any ad-hoc requests
  • Support the process for costing variation orders through to customer submission. Ensure all costs are backed up by quotes or detailed calculations. Prepare benchmark analysis of costs against actuals where possible
  • Manage sales invoices, milestone payments and related matters. Working closely with other finance teams to manage the cash cycle
  • Oversee the production of budgets and monthly reporting for Direct Cost Centres (Procurement, Engineering and Project Management)
  • Liaise with Finance teams in Japan and Italy to help consolidate global financial reporting
  • Ensuring projects follow all financial aspects of J-SOX and Internal Audit governance. And lead external audit for responsible projects
  • Other ad hoc duties as required by finance department or project managers.

If you like the sound of the above and feel energised by the idea of joining a great brand at a moment of exciting expansion, please apply now. We look forward to hearing from you!


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