Job Description

Location: (HRE) London Ludgate
Job ID: R0086671
Date Posted: 2025-05-30
Company Name: HITACHI RAIL LIMITED
Profession (Job Category): Other
Job Schedule: Full time
Remote: No
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.
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Job Title: Project Accountant
Salary: 64-75K DOE
Location: Ludgate Hill, London (Hybrid working)
Your new role
Here at Hitachi Rail, we have a unique and exciting opportunity for a Project Account to join the team and will be the principal support to Project teams for all financial aspects of projects. This is a great opportunity for someone with some industry experience and looking to take the next step up in their career.
Specifically, you will be responsible for the following deliverables:
Management of Project EACs. Ensuring all changes are correctly recorded and evidenced, maintaining a reconciliation back to the original As Sold position
Management of project cash forecasting, driving net cash optimisation across projects. 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 checking 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. Undertaking 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 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
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
About you
Some experience of PQE
Experience of working in matrix environment with multiple reporting lines
Excellent inter-personal skills and be able to work as part of a cross-cultural team
Advanced Excel Skills
Excellent analytical skills
Experience with SAP
Flexibility for occasional travel to HRE locations around the UK.
Qualifications
Qualified accountant - CIMA, ACA, CA, ACCA
What we offer
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.
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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 .
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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