Project Controls- New Unit Projects
6 days ago
**Job Description Summary**:
The Project Control will be responsible for driving cross functional cost walks from OTR (order to remittance) budget at handover through completion of a new unit project. The following activities will part of the responsibilities of the Project Control 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 - early key indicators
- Provide feedback to Sales/ITO (Inquiry to Order)/IPM (Internal Project Manager ( on lessons learned for future bids/budgets - current gap
Minimize leakage
- Evaluate risk & opportunity
- Monitor project risk release
- Conduct ad-hoc analyses on estimating headwinds cost implications
Cost out reporting
- Provide cost out team with cost line item assumptions
- Support initiative owners to estimate savings associated with their cost-out ideas using GE internal cost benchmark data
Change order reporting
- Coordinate functional estimates for change order cost
- Track variance to budget of approved change orders (actual vs planned spend)
Claim reporting
- Estimate costs associated with claims projects claims
Required Qualifications
- Bachelors degree in engineering, finance, or related technical major or equivalent experience
- Proven detailed cost analytics experience
- Several years work experience
Desired Characteristics
- Experience in multiple functions such as engineering, sourcing, manufacturing, projects
- Demonstrated clear thinking, inclusiveness, collaboration skills, and organization
- Cost out and/or Finance experience
- Demonstrated ability to simultaneously manage multiple projects and other responsibilities, adjust to changing priorities and to make assessments with speed and accuracy based on available information
- Ability to support multiple internal customers and partners with opposing priorities in a matrixed environment,
- Excellent communication (written and verbal), and influencing skills
- High say/do ratio
- Excellent interpersonal skills
**Additional Information**:
**Relocation Assistance Provided**:No
LI-Remote - This is a remote position
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