Job Description Summary

Vernova Purpose
Come and join our powerful, unified force with the energy to change the world.

Our mission is BIG. Our TRANSFORMATION is key – bringing the right businesses together to LEAD the ENERGY TRANSITION. Our TEAM is ready.


GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. If we want our energy future to be different…we must be different.

We have an immediate need for a Cost Analyst in our New Unit Projects division.

The Cost analyst will be responsible for driving cross functional cost reviews from budget at handover through completion of a new unit project. The following activities will part of the responsibilities of the cost analyst on multiple projects in parallel

Come join our New Units Team and be a part of the impactful future we are creating here at GE.

Job Description

What you’ll do

The Cost analyst will be responsible for driving cross functional cost reviews from budget at handover through completion of a new unit project. The following activities will part of the responsibilities of the cost analyst on multiple projects in parallel:

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)

Process management & set up

• Support creation & implementation of new cost controlling mechanism & structure
• Execute process improvement actions
• Identify operational rhythm and coordinate functional alignment

What you’ll bring:

Required Qualifications

• 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

Eligibility Qualifications

• For US based candidates: 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 area

What will make you stand out:

Desired Characteristics

• Proven detailed cost analytics experience
• Experience collaborating with multiple functions such as engineering, sourcing, manufacturing, projects and logistics
• Demonstrated clear thinking, inclusiveness, collaboration skills, and organization
• 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
• Ability to support multiple internal customers and partners with competing priorities in a matrixed environment,
• Excellent communication (written and verbal), and i