Power Industry Cost Analyst

Join Our Mission in Energy Transition and Unlock Growth Opportunities

Are you a detail-oriented professional with a passion for cost management and project optimization? We are seeking a skilled Project Cost Analyst to join our innovative team dedicated to driving the energy transition forward. In this role, you will play a crucial part in ensuring the financial success of our projects from inception to completion, contributing to sustainable growth and a greener future.

Key Responsibilities:

• Cost Tracking & Reporting:

  • Develop and execute cost execution plans (e.g., cost curves) by function.

  • Generate weekly and monthly detailed cost reports by project scope.

  • Monitor budget line items weekly and identify variances for escalation and mitigation.

• Budget Management:

  • Maintain budget version control to ensure all agreed changes are reflected in the forecast.

  • Collaborate with budget owners to estimate Cost to Complete based on actual costs, commitment costs, and potential variation orders.

• Project Alignment:

  • Work closely with the scheduler to align project schedules with cost curves.

  • Support Bill of Quantity (BOQ) tracking tied to unit costs versus budget and latest forecast.

• Stakeholder Collaboration:

  • Prepare for PMR reviews on a quarterly/bi-annual basis with the business.

  • Provide valuable feedback to Sales, ITO, and IPM on lessons learned for future bids and budgets.

• Risk Management:

  • Conduct risk & opportunity analyses and monitor project risks.

  • Follow up on action plans and conduct ad-hoc analyses on estimating headwind cost implications.

  • Identify root causes of cost overruns and suggest effective mitigation plans.

• Process Improvement:

  • Support the creation and implementation of new cost controlling mechanisms and structures.

  • Execute process improvement actions and identify operational rhythms for functional alignment.

• Change Order & Claim Analysis:

  • Coordinate functional estimates for change order costs.

  • Track variance to budget of approved change orders (actual vs planned spend).

What We Offer:

• Mission-Driven Work: Contribute to the energy transition and sustainable growth initiatives.

• Professional Growth: Opportunities for career advancement and skill development in a forward-thinking industry.

• Collaborative Environment: Work with a diverse team of professionals in a supportive and innovative atmosphere.

• Competitive Benefits: Enjoy a comprehensive benefits package.

Qualifications:

• Bachelor's degree in engineering or business.

• Proven experience in cost analysis, project management, or a related role.

• Strong analytical skills and attention to detail.

• Excellent communication and collaboration skills.

• Proficiency in Microsoft Excel and cost management software.

We deliver integrated project solutions to enable large scale electrification and support our customer needs.

The salary range for this position is 100, ,400.00 USD Annual. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate's experience, their education, and the work location. 100, , ,700.00 USD Annual

(US Candidates ONLY, this range is not to be converted to CAD)

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.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.

About GE Gas Power

GE Gas Power engineers cleaner, more accessible energy that people depend on, powering growth and prosperity for people everywhere. Our leading technologies produce a third of the world's electricity thanks to our talented people, who make gas work for our customers, stakeholders and the world. Through relentless innovation and continuous partnership with our customers, we are building the energy technologies of the future and providing the cleaner, more efficient power people depend on today.

Ready to Make a Difference?

If you are passionate about cost management and eager to contribute to high-impact projects in the energy transition sector, we want to hear from you Apply now and take the next step in your career with GE Vernova.

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No