About The Position

The Product Cost Out Manager serves as a bridge between the Sourcing organization and Engineering/Product Design teams, driving structural cost reductions across the product lifecycle. The role combines technical product knowledge, supply chain expertise, and cross-functional leadership to identify, validate, and execute cost-out opportunities that improve product margins without compromising quality or performance. The position partners with Engineering and Commodity teams to incorporate cost control into product and project development, leads ideation and cost-reduction project execution, and collaborates with suppliers on value engineering. It also uses should-cost modeling, monitors performance metrics, tracks savings and project status, and develops consistent processes for identifying opportunities and validating financial results. This is a remote position. GE Vernova describes its work environment as offering professional development, challenging careers, and competitive compensation. U.S.-based pay is listed as $125,000 to $208,300, with geographic differentials potentially applying. The role is eligible for a discretionary annual bonus. Benefits include medical, dental, vision, and prescription drug coverage; health coaching and an Employee Assistance Program; retirement savings and company contributions; tuition and adoption assistance; paid parental leave; disability benefits; life insurance; 12 paid holidays; and permissive time off. Relocation assistance is not provided.

Requirements

  • Bachelor’s degree from an accredited university or college in Engineering, Supply Chain, Finance, Business, or a related discipline, or significant equivalent experience in sourcing, manufacturing engineering, value engineering, product costing, or procurement.
  • 5–8+ years of experience in product costing, value engineering, procurement, or product design.
  • Strong understanding of manufacturing processes, such as forging, machining, investment casting, fabrication, and integrations.
  • Proven ability to influence stakeholders at all levels, particularly to resolve technical disagreements between design requirements and cost constraints.
  • Strong financial acumen and ability to translate technical design changes into tangible P&L impacts.
  • Demonstrated success managing complex, multi-stakeholder projects with strict timelines and financial targets.

Nice To Haves

  • Master’s degree in a technical or business discipline.
  • 8+ years of sourcing experience for power-generation products, preferably focused on plant equipment accessories such as MSD, BOP, or HRSG.
  • Knowledge of Lean tools, including A3, VSM, and problem solving.
  • High motivation and influencing skills.
  • Strong quantitative and analytical skills.
  • Excellent written and verbal communication skills.
  • Strong interpersonal and facilitation skills.
  • Proactive self-starter and change agent.
  • Strong analytical and process mindset.
  • Experience with SAP, Smartsheet, and Tableau.
  • Fluent English.

Responsibilities

  • Partner with Engineering and Commodity teams to integrate cost-control principles into product and project development.
  • Lead cross-functional workshops to generate cost-reduction ideas, including material substitution, design simplification, and manufacturing process improvements.
  • Manage end-to-end execution of cost-out projects, track progress, mitigate risks, and ensure savings are realized and validated through the P&L.
  • Work with the Should-Cost modeling team to establish target costs for components and assemblies and provide data-backed insights during negotiations and design reviews.
  • Monitor and report cost-out performance metrics, including project pipeline value, realized savings, and margin improvement; maintain a dashboard tracking project status and savings realization.
  • Work with the Sourcing team to engage key suppliers in value engineering initiatives and leverage their expertise to reduce manufacturing costs.
  • Develop and standardize the cost-out process, including consistent methods for identifying opportunities and validating financial results.

Benefits

  • Medical, dental, vision, and prescription drug coverage.
  • Access to GE Vernova Health Coach, a 24/7 nurse-based resource.
  • Employee Assistance Program with 24/7 confidential assessment, counseling, and referral services.
  • GE Vernova Retirement Savings Plan, including a tax-advantaged 401(k) savings opportunity with company matching and company retirement contributions.
  • Access to Fidelity resources and financial planning consultants.
  • Tuition assistance.
  • Adoption assistance.
  • Paid parental leave.
  • Disability benefits.
  • Life insurance.
  • 12 paid holidays.
  • Permissive time off.
  • Discretionary annual bonus.
  • Professional development opportunities.
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