Cost Analyst – New Unit Projects
Switzerland Global Enterprise
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)
- Support 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
- Proven detailed cost analytics experience
- Ability to support multiple internal customers and partners with competing priorities in a matrixed environment
- Experience collaborating with multiple functions such as engineering, sourcing, manufacturing, projects and logistics
- Root cause analysis and mitigation experience
- 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
- Excellent communicator (written and verbal presentations), with Excellent interpersonal skills
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, a 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 managementcost trackingcost execution planscost curvesBill of Quantity (BOQ)risk analysisprocess improvementroot cause analysisvariance analysischange order analysis
Soft skills
communicationinterpersonal skillscollaborationdecision makingprioritizationproblem solvingadaptabilityproject managementanalytical thinkingcustomer support
Certifications
Bachelor's degree in engineeringBachelor's degree in financerelated technical major