Hitachi America

Project Cost Estimation Specialist Professional

Hitachi America$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Work authorization to work for Hitachi Energy in the US is required.
  • Minimum 3 years of relevant experience in project cost management and finance.
  • Experience with percentage-of-completion revenue recognition.
  • Familiarity with IFRS and US GAAP accounting standards.
  • Proficient in SAP or similar ERP systems for financial record-keeping.

Responsibilities

  • Review financial, commercial, and tax aspects alongside the Tender Manager.
  • Monitor and provide input on contractual terms during negotiations.
  • Update cost estimates and planned costs in response to project changes.
  • Forecast revenue in line with contract adjustments and IFRS requirements.
  • Identify cost overruns and areas for margin improvement during performance monitoring.
  • Lead project financial discussions, presenting forecasts and risks to project management.
  • Ensure compliance with external/internal regulations while maintaining financial integrity.

Benefits

  • Exposure to innovative energy technologies and large-scale infrastructure projects.
  • Opportunities for learning and professional development within the company.
  • Collaboration with seasoned professionals in finance and project management.
  • Comprehensive health and retirement benefits package.
  • Access to paid leave and flexible working arrangements.
Full Job Description
Location:
Raleigh, North Carolina, United States

Job ID:
R0136640

Date Posted:
2026-07-09

Company Name:
HITACHI ENERGY USA INC

Profession (Job Category):
Project/Program Management

Job Schedule:
Full time

Remote:
No

Job Description:

Project Cost Estimation Specialist Professional

The Opportunity

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.

How You'll Make an Impact
  • 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.

Your Background
  • 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

More About Us

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.
  • Access learning and development opportunities.
  • Receive health and retirement benefits.
  • Benefit from paid leave and workplace flexibility programs.


About Hitachi America

Hitachi America is a subsidiary of Hitachi, Ltd., a Japanese multinational conglomerate. They provide a wide range of products and services, including information technology, power systems, and social infrastructure. They work with clients in a variety of industries, including healthcare, transportation, and finance. They are committed to sustainability and social responsibility, and have implemented various initiatives to reduce their environmental impact.
Learn more about Hitachi America
Size
368,247 employees
Industry
Founded
1959
NASDAQ

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