Drive cross functional cost reviews from budget at handover through completion of a new unit project
Cost tracking and 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 a weekly basis and identify variances above threshold for escalation and mitigation
Maintain budget version control and update budget forecast for agreed changes
Work with budget owners to estimate Cost to Complete based on actuals, commitments, and potential variation orders
Coordinate with scheduler to align project schedule with cost curves
Support Bill of Quantity (BOQ) quantity tracking tied to unit costs vs budget and latest forecast
Prepare for PMR reviews on quarterly/bi-annual basis and monitor/track CTC spend/release
Provide feedback to Sales/ITO/IPM on lessons learned for future bids and budgets
Run risk & opportunity analysis and monitor project risks, following up on action plans
Conduct ad-hoc analyses on estimating headwinds and cost implications
Identify root cause of cost overruns and suggest mitigation plans; partner cross-functionally to execute them
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 process management, creation and implementation of new cost controlling mechanisms and structure
Execute process improvement actions and coordinate functional alignment and operational rhythm
Requirements
Only candidates with experience in the following industries will be considered: Power/Energy, Utilities, Manufacturing, Construction
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
Must be legally authorized to work in the USA without sponsorship (for US based candidates)
Must be willing to work on East Coast time zone (EST) hours
Proven detailed cost analytics experience
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 adjust to changing priorities
Excellent written and verbal communication and influencing skills
Benefits
Medical, dental, vision, and prescription drug coverage
Access to a Health Coach and 24/7 nurse-based resource
Employee Assistance Program with 24/7 confidential assessment, counseling, and referral services
GE Retirement Savings Plan; 401(k) savings opportunity with company matching and company retirement contributions
Access to Fidelity resources and planning consultants
Variable Incentive (VIC) bonus of 10%
Geographic differential (110%, 120% or 130% of salary in certain areas)
Tuition assistance and professional development opportunities
Adoption assistance
Paid parental leave
Disability insurance and life insurance
Paid time-off for vacation or illness
Robust benefits package depending on employment status and national requirements
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
cost managementcost trackingcost execution plansbudget forecastingBill of Quantity (BOQ) trackingrisk analysischange order analysisvariance analysisprocess improvementcost analytics
Soft skills
communication skillscollaborationproblem-solvinginfluencing skillsproject managementadaptabilityattention to detailanalytical thinkingcross-functional teamworktime management