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General Information:
At Hitachi Energy our purpose is advancing a sustainable energy future for all. We bring power to our homes, schools, hospitals, and factories. Join us and work with fantastic people, while learning and developing yourself on projects that have a real impact to our communities and society. Bring your passion, bring your energy, and be part of a global team that appreciates a simple truth: Diversity + Collaboration = Great Innovation
Hitachi Energy is seeking a Senior Project Controller for its Raleigh, NC location. Hiring manager is prioritizing skills and experience over physical location and will consider remote work. This position is open to support our business growth in North America. This role is responsible for supporting Senior Project Manager in all financial and commercial matters and actively drive the project’s performance. Assigned to multiple large projects in our Power Grid Integration Group (HVDC and Power Quality Technology).
Your responsibilities:
- Reviews and takes joint responsibility with Tender Manager on financial, commercial and tax aspects. Ensures that tender calculation is done correctly, prepares cash-flow and exposure curve. Monitors and provides input to negotiations on contractual terms and conditions (clients, consortia, subcontractors, suppliers). Participates and provides input in local risk review process.
- Provides input to the Project Execution Plan on financial aspects. Prepares project invoices, financial accounting and reporting (including project site accounting). Drives project cash flow and oversees currency risk and tax issues. Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast. Participates in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. Co-ordinates and prepares monthly project reviews jointly with the Project Manager. Reviews and takes joint responsibility with the Project Manager for project cost reports including estimates to complete and project schedule.
- Co-ordinates and manages all hedging aspects related to foreign currency.
- Responsible for commercial consolidation if any sub entity with Hitachi Energy. Oversees the results and forecast as well as consolidate on a monthly basis. Will be able to explain the overall project to upper management as well as support other controllers with their work.
- Promotes commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), side-stream (towards consortia partner) as well as downstream (towards suppliers). Supports the Project Manager in adherence to: corporate governance, integrity, assurance, internal control, group charter, country specific finance directives and instructions.
- Is responsible for adherence to: corporate governance, integrity, assurance, internal control, group charter, country specific finance directives and instructions.
- Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
Your background:
- Bachelor’s degree in Accounting, Finance or related field and minimum 8 years overall work experience with at minimum 5 years focused on project related business.
- Proficient in MS Excel, Word, and other Office programs.
- Experience with foreign currency management.
- Experience managing multiple projects.
- Cross border experience preferable.
- Understanding of US GAAP/IFRS.
- Preferable experience in SAP.
- Candidate must already have a work authorization that would permit them to work for Hitachi Energy in the United States.
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