GE Vernova

Cost Analyst – New Unit Projects

GE Vernova

full-time

Posted on:

Location Type: Hybrid

Location: Atlanta • New York • United States

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Salary

💰 $100,000 - $166,700 per year

About the role

  • driving cross functional cost reviews from budget at handover through completion of a new unit project
  • Cost tracking
  • 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/IPM on lessons learned for future bids/budgets - current gap
  • Minimize leakage and protect project margin
  • Run risk & opportunity analysis
  • Monitor project risks and follow up on action plans
  • Conduct ad-hoc analyses on estimating headwinds cost implications
  • Identify root cause of cost overruns and suggest mitigation plans
  • Partner cross functional to execute mitigation plans
  • Change order & Claim analysis support
  • Coordinate functional estimates for change order cost
  • Track variance to budget of approved change orders (actual vs planned spend)
  • Creation & implementation of new cost controlling mechanism & structure
  • Execute process improvement actions
  • Identify operational rhythm and coordinate functional alignment

Requirements

  • 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
  • Experience in the following industries: Power/Energy, Utilities, Manufacturing, Power Plant Infrastructure /Construction
  • 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 or Schenectady
Benefits
  • medical, dental, vision, and prescription drug coverage
  • access to Health Coach from GE Vernova, a 24/7 nurse-based resource
  • access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services
  • GE Vernova Retirement Savings Plan
  • tax-advantaged 401(k) savings opportunity with company matching contributions 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
cost trackingcost execution planscost curvesbudget version controlCost to Complete estimationBill of Quantity (BOQ) trackingrisk & opportunity analysischange order analysisprocess improvementvariance tracking
Soft skills
cross functional collaborationcommunicationproblem solvinganalytical thinkingattention to detailorganizational skillsfeedback provisionmitigation planningroot cause analysiscoordination
Certifications
Bachelor's degree in engineeringBachelor's degree in financerelated technical major