Project Cost Estimation Specialist Professional | Raleigh, United States of America

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. Hitachi Energy is an Equal Employment Opportunity (EEO) employer committed to encouraging inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, creed, color, ancestry, religion, sex, national origin, citizenship status, age, sexual orientation, gender identity, disability, marital status, family medical leave status, protected veteran status, or any other legally protected characteristic. As an Equal Employment Opportunity Employer, applicants may request to review the affirmative action plan of a particular facility between the hours of 9:00 A.M. – 5:00 P.M. EST Monday through Friday by contacting an HR Representative at View phone number on click.appcast.io. Protected veterans and qualified individuals with a disability may request a reasonable accommodation if you are unable or limited in your ability to use or access Hitachi Energy’s career site as a result of your disability. You may request reasonable accommodations by calling an HR Representative at View phone number on click.appcast.io. Resumes and applications will not be accepted through this method. For more information regarding your EEO rights as an applicant, please visit this website . #J-18808-Ljbffr Hitachi ABB Power Grids