Local Business Unit Controller

About the Position

Local Business Unit Controller | Dubai, United Arab Emirates

Hitachi Energy is seeking a Local Business Unit Controller to join our team in Dubai, UAE. In this role, you will act as a business partner to the Local Domestic Sales Unit Project Manager/Project Managers, responsible for all financial and commercial matters and actively driving the project’s performance.

Responsibilities

• Tender Stage: Review and take joint responsibility with the Tender Manager on financial, commercial, and tax aspects. Ensures that tender calculations are completed correctly, prepares cash-flow and exposure curves. Participates or provides input during negotiations on contractual terms and conditions (clients, consortia, subcontractors, suppliers). Participates and provides input in the local risk review process.
• Project Execution: Prepare a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial, and tax aspects such as revenue recognition methods, billing plan, payment securities, consortium administration, import duties, and VAT, etc.). Is responsible for the correctness of the project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast. Guide and validate project invoices, manage currency risk, tax issues, bonds and guarantees, revenues, and GM contribution together with the Project Manager.
• Monitoring and Review: Establishes project governance processes. Participates in opportunity/risk identification, ensures that all required mitigation actions are timely implemented. Drives, coordinates, and prepares monthly project reviews jointly with the Project Manager. Has joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted revenues and cash flow, risks, and opportunities assessment, and ensures alignment with other functions including Project Controls, planning/scheduling.
• Financial Reporting: Deliver monthly closings, forecasts, budgets, and full financial packages on time, ensuring accuracy and reliability. Collaborate with key stakeholders and business managers to support operational decision-making. Monitor KPIs to optimize cost structures and improve productivity. Perform quality checks on reporting data, including analytical reviews of major fluctuations and FX impacts. Drive transparency in financial reporting and disclosures. Conduct ad-hoc financial analyses and contribute to transformation initiatives.
• Compliance & Internal Control: Follow up on internal project audit reports and ensure timely implementation of all required actions related to projects under responsibility. Adherence to corporate governance, integrity, assurance, internal control, group charter, business-specific finance directives, and instructions.

Requirements

• Bachelor’s or master’s degree in accounting, or equivalent with a solid finance background. Professional Accounting qualification will be a plus.
• Experience in Finance with exposure to Project Business.
• Experience with SAP.
• Ability to adapt to changing priorities and work under tight deadlines and excellent collaboration with cross-functional and cross-cultural teams.
• Analytical and problem-solving mindset, with the ability to identify and mitigate risks and challenges.
• Proficiency in both spoken and written English is required.

We Offer

• Competitive salary
• Full-time position
• On-site work arrangement in Dubai, UAE

About the Company

Hitachi Energy is a global leader in electrification, powering the electricity era to meet the energy demands of today and the next 25 years. As the energy arm of Hitachi Group, over three billion people depend on our pioneering, mission-critical technologies to power their daily lives.

With over a century of innovation, we are addressing the most urgent energy challenge of our time: driving the evolution of the world’s energy system to ensure abundant, secure, affordable, and sustainable power for today’s generation and the next.

With an unparalleled installed base in over 140 countries, we are the grid ecosystem partner across the utility, industry, data center, and transportation sectors. Headquartered in Switzerland, we employ over 56,000 people in 60 countries and generate revenues of around $20 billion USD. We welcome you to apply today.