Senior Cost Analyst - Value Engineering

GE Vernova • Wilmington, NC

4d • Remote

About The Position

Reporting to the Cost Programme Manager BWRX-300, the Senior Cost Analyst - Value Engineering is responsible for modeling the cost of components, systems and products. The role will support commercial negotiations that are grounded with cost data insight as well as support of engineering and manufacturing by illustrating what drives costs seeking to find the best value solutions. Further, they will be responsible for leading projects that reduce the total cost of the product by working with and across the engineering, manufacturing and sourcing teams.

Requirements

• Bachelor's engineering degree from a regionally accredited college, university
• 5 years of relevant professional work experience in material planning, sourcing, manufacturing, or engineering in energy, oil and gas, aviation, shipbuilding, industrial, automotive, or other high value add heavy industries.
• Eligibility Requirements This role requires access to U.S. export-controlled information. If applicable, final offers will be contingent on ability to obtain authorization for access to U.S. export-controlled information from the U.S. Government.

Nice To Haves

• Manufacturing experience across high value-add heavy industries.
• Knowledge of the disciplines of supply chain management, including production operations, inventory controls, costing systems, financial reporting measures.
• Automotive should costing experience desirable.
• Proven detailed cost analytics experience
• Cost out and/or Finance experience
• Prior experience in change management & process definition
• Experience in multiple functions such as engineering, sourcing, manufacturing, projects, logistics, construction etc.
• Ability to support multiple internal customers and partners with competing priorities in a matrixed environment.
• Experience of operating in a matrix environment with strong relationship-building skills, combined with a clear understanding of global process and transactional flows.
• Ability to influence up and down the organization and across the functions by provided fact-based analysis to help inform decision making.
• Strong oral and written communication skills.

Responsibilities

• Experts in cost estimating methods: Focus areas Materials, Casting, Forging, Welding, Fabrication, Assembly, Mechanical Systems, Electrical Systems, Logistics, Construction.
• Selection and use of fit for purpose should cost tools to provide relevant and timely estimates to support design decisions or procurement negotiations.
• Build external awareness of commercial tools and emergent capability to continually improve the way we operate and the tools we use.
• Collaborate with engineering, supply chain, sourcing, manufacturing, logistics, site installation, and finance to develop Should Cost Models.
• Train and coach engineering and procurement team to proactively use cost modelling techniques to provide real time insights
• Maintain a dossier of competitor intelligence and cost target models to challenge and bring forward cost opportunities
• Visit suppliers and challenge with lean and best practices to optimize manufacturing processes, CoS, Supply Chain design for lowest TCA.
• Lead and develop a culture supportive of the GE Vernova Way, ensuring effective communication across the organization, engaging with team members to ensure understanding and alignment with operational goals.

Benefits

• The base pay range for this position is $108.8K - 181.3K.
• The specific pay offered may be influenced by a variety of factors, including the candidate's experience, education, and skill set.
• This position is also eligible for bonuses, such as a performance bonus/variable incentive compensation/equity.
• The company pays a geographic differential of 110%, 120%, or 130% of salary in certain areas.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level