Project Cost Estimation Specialist Professional

Hitachi•Raleigh, NC

11d•Onsite

About The Position

As a Project Cost Estimation Specialist, you will support the financial and commercial performance of projects by maintaining cost, revenue, cash flow, and forecast accuracy throughout execution. You will review tender financial elements, support contractual and risk evaluations, update estimated cost to complete, forecast revenue in line with contract requirements, and maintain financial records within SAP. The role includes monitoring actual versus forecast performance, identifying cost impacts and margin changes, forecasting balance sheet positions, supporting claims management activities, and partnering with project teams on commercial matters. You will lead project financial review discussions, provide visibility of project status to management, and ensure compliance with governance and accounting requirements. By helping maintain accurate financial forecasting, risk visibility, and commercial control across project activities, you contribute to the effective execution of grid projects that support power system reliability and ongoing development of energy infrastructure.

Requirements

Candidate must already have work authorization that would permit them to work for Hitachi Energy in the United States.
Experience in POC revenue recognition.
Knowledge of IFRS/US GAAP accounting requirements and revenue recognition assumptions.
Experience maintaining forecast integrity and financial records in SAP/ERP systems.
Minimum 3 years' experience

Nice To Haves

You will gain exposure to project finance, commercial management, forecasting, and cross-functional collaboration within energy infrastructure projects.
Work on innovative energy technologies.
Collaborate with experienced professionals across project, commercial, contract, and finance functions.

Responsibilities

Review tender financial, commercial, and tax aspects with the Tender Manager, including cash-flow and exposure curve preparation.
Monitor contractual terms and conditions and provide input during negotiations and risk review activities.
Update and maintain Estimated Cost to Complete and planned costs as project conditions change.
Forecast revenue, incorporate approved changes, and maintain revenue recognition assumptions in accordance with IFRS requirements.
Monitor actual versus forecast performance and identify cost overruns, margin impacts, and savings opportunities.
Lead monthly project financial review discussions with the Project Manager and present forecast, risk, opportunity, and cash flow updates.
Maintain forecast integrity in SAP, reconcile forecast values to project financial records, and forecast balance sheet positions.
Act as a financial business partner to the Project Manager, supporting commercial performance, risk visibility, and claims management activities.
Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.