Senior Analyst - Project Controlling
Alstom · Bengaluru
- Experience5–8 yrs
- SalaryNot disclosed
- Work modeonsite
- Posted23 Sept 2026
About Alstom
Alstom is hiring in Bengaluru in automotive mobility. This role looks for around 5+ years of experience.
Skills
- project controlling
- costing
- corporate finance
- SAP
- Microsoft Excel
- financial management systems
- manufacturing BOM costing
- cost forecasting
- variance analysis
- procurement cost control
The role
A financial analyst at a rail transportation company validates project costing, analyzes manufacturing BOM variances, and manages SAP-based financial controls and cost forecasting. The role also maintains QlikView reporting and supports procurement cost optimization.
Full job description
At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.
Could you be the full-time Senior Analyst - Project Controlling in Bangalore we’re looking for?
Your future role
Take on a new challenge and apply your meticulous financial management and analytical expertise in a new cutting-edge field. You’ll work alongside dedicated, strategic, and innovative teammates.
You'll deliver critical financial insights and support to our project teams, fostering sound economic management and optimizing project financial targets. Day-to-day, you’ll work closely with teams across the business (Project Managers, Work Package Owners, Accounting Team), ensure control of project results, and much more.
You’ll specifically take care of the precision of financial project data, uphold compliance with financial standards, and proactively manage risks and opportunities.
We’ll look to you for:
Validate Manufacturing BOM (mBOM) financials to support project EAC (Estimate at Completion)Perform detailed root cause analysis of mBOM gaps (line-by-line explanation)Ensure alignment between BOM, EAC, actuals, and “To Be Engaged” costsManage risks, savings, and opportunities across projectsConduct monthly reviews of BOM evolution by subsystem, material category, and supplierMaintain financial index database for inflation tracking and cost analysisEnsure consistency across budget, forecast, and actual project figuresAct as business partner to Project Procurement and Project Finance teamsAnalyze monthly actual costs vs forecast and identify variancesSupport cost forecasting and timing with Procurement teamsCoordinate with Supply Chain for cost monitoring and progress trackingReview purchase price variance (PPV) and material rate variancesOwn and manage SAP/GSI transactions and reporting tools (e.g., QlikView, BI tools)Monitor extra costs, claims, and liaise with Claims departmentTrack and forecast revenue, gross margin, and cost-to-completionEnsure strong procurement/material control and governance processesValidate cost assumptions, QCD performance, and tender-stage costingDrive cost optimization initiatives (cost reduction / “cost killing”)Monitor WIP, cost performance vs targets, and financial accuracy of project dataProvide financial reporting, KPIs, and benchmarking (cost, productivity, delivery)Identify cost drift and productivity risks; propose mitigation actionsEnsure compliance with internal rules, processes, and project control standardsSupport management with reliable financial insights and ad-hoc reporting
All About You
We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:
A Master’s degree in Finance or equivalent (CA / CMA) Experience or understanding of Project Controlling / Costing / Corporate Finance Knowledge of financial management systems, notably SAP Familiarity with MS Excel A certification in finance or a related field is a plus Robust analytical and presentation skills Resilience and adaptability in the face of change
Things you’ll enjoy Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:
Enjoy stability, challenges and a long-term career free from boring daily routines Work with the latest financial management tools and practices Collaborate with transverse teams and supportive colleagues Contribute to innovative projects that shape the future of transportation Utilise our flexible and dynamic working environment Steer your career in whichever direction you choose across functions and countries Benefit from our investment in your development, through award-winning learning programs Progress towards leadership and advanced specialist roles Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)
You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!
Important to note
As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.