Cost Analyst - New Unit Projects @ GE Vernova | Jobright.ai
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GE Vernova · 11 hours ago

Cost Analyst - New Unit Projects

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EnergyEnergy Efficiency
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Actively Hiring
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Responsibilities

Development of cost execution plans (e.g., cost curves) by functions
Run weekly and monthly detailed cost reports by project scope
Monitor budget line items on weekly basis and identify variances above a threshold that should be escalated for mitigation
Maintain budget version control to ensure agreed budget changes are updated in budget forecast
Work with budget owners to estimate Cost to Complete based on actual costs, commitment costs, and potential variation orders
Work with scheduler to ensure project schedule aligned with cost curves
Support Bill of Quantity (BOQ) quantity tracking tied to unit costs (vs budget and latest forecast)
Work with business to prepare for PMR reviews on quarterly/bi-annual basis
Monitor/track CTC spend/release - leading indicators
Provide feedback to Sales/ITO (Inquiry to Order)/IPM (Internal Project Manager ( on lessons learned for future bids/budgets - current gap
Run risk & opportunity analysis
Monitor project risk release
Conduct ad-hoc analyses on estimating headwinds cost implications
Provide cost out team with cost line item assumptions
Support initiative owners to estimate savings associated with their cost-out ideas using GE internal cost benchmark data
Coordinate functional estimates for change order cost
Track variance to budget of approved change orders (actual vs planned spend)
Estimate costs associated with claims projects claims

Qualification

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Cost ManagementCost AnalyticsProject ManagementFinanceConstructionPower/EnergyManufacturingCollaboration Skills

Required

Bachelors degree in engineering, finance, or related technical major or equivalent experience
Minimum 5 years work experience in Cost Management, Project Management, Engineering or equivalent type experience / industry (Ideal Industries: Utilities, Construction, Finance, Power/Energy, Manufacturing)
Must be legally authorized to work in the USA without sponsorship
Must be willing to work on East Coast time zone (EST) hours, possible relocation to Atlanta

Preferred

Proven detailed cost analytics experience
Experience in multiple functions such as engineering, sourcing, manufacturing, projects
Demonstrated clear thinking, inclusiveness, collaboration skills, and organization
Cost out and/or Finance experience
Demonstrated ability to simultaneously manage multiple projects and other responsibilities, adjust to changing priorities and to make decisions with speed and accuracy based on available information
Ability to support multiple internal customers and partners with competing priorities in a matrixed environment
Excellent communication (written and verbal), and influencing skills
High say/do ratio
Excellent interpersonal skills

Benefits

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling, and referral services.
Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants.
Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

Company

GE Vernova

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GE Vernova provides energy consulting, gas power, and grid solutions.

Funding

Current Stage
Public Company
Total Funding
unknown
2024-04-02IPO· nyse:GEV

Leadership Team

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Kenneth Parks
CFO
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Company data provided by crunchbase
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