Lead Cost Control Engineer

Reposted 8 Days Ago
Be an Early Applicant
Stafford, Staffordshire, England
In-Office
Senior level
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
The Lead Cost Control Engineer will oversee project cost management, ensuring budgets align with actual progress and recommending adjustments to maintain financial health and transparency in project execution.
Summary Generated by Built In
Job Description SummaryAbout Us:
At GE Vernova Grid Solutions, we are at the forefront of the energy transition, providing cutting-edge grid technologies to create a more reliable and sustainable energy future. With over 13,000 dedicated employees globally, we are committed to integrating renewable energy sources into the grid and driving towards a carbon-neutral world.

Job Description

Why Join Us?

  • Make a Difference: Be part of a team that is pioneering the energy transition and making a tangible impact on the world.
  • Innovative Projects: Work on unique, challenging, and game-changing projects that push the boundaries of what’s possible.
  • Collaborative Environment: Join a community of committed, loyal colleagues who are passionate about finding the best solutions.
  • Growth Opportunities: Enjoy competitive benefits, private health insurance, and great development opportunities in a dynamic, international working environment.

Responsibilities and Accountabilities

  • Maintains project cost to complete budgets in alignment with as sold position and in coordination with budget holders, consistently with actual progress and trend.
  • Supports forecast estimation and verifies the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers’ invoices, timesheets, travel expenses).
  • Drive and challenge budget at completion, with analysis through various means (earned value, productivity, cost ratio, market trends…). Validates accuracy of estimates.
  • Develop mitigations / catch up plans in alignment with functional leaders and Project Manager.
  • Aligns with project team and time schedule to ensure forecasted cost risks are accurately captured and costs time phased.
  • Checks and controls cost movements, compares with current scope and progress as well as with previous forecast.
  • Communicates cost status / forecasts / risk to budget holders and drives / supports risk mitigation and cost out.
  • Presents all financial data in a transparent way, attends project and management review to present cost status, budget deviations and root causes.
  • Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
  • Aligns with planner to ensure costs and schedule are aligned, providing time phased cost forecasts for sales pacing.
  • Reports on cost movement root causes impacting sales targets.
  • Support disputes and analysis of claims.

Qualifications & Experience

  • Degree in engineering (with financial awareness)
  • Advanced and demonstrated years experience of cost controls / project controls / project management on large & complex or turnkey infrastructure projects.
  • Experience in risk management processes and tools.
  • Knowledge of ERP systems is an asset (SAP preferred).
  • Experience managing small teams within a large project is an asset.
  • Project planning experience / good P6 planning software understanding is an asset.

 

What we offer:

A key role in a dynamic, international working environment with a large degree of flexibility of work agreements

Competitive benefits, and great development opportunities - including private health insurance.

Ready to Make an Impact?

If you are passionate about driving the energy transition and want to be part of a team that is electrifying the world with advanced grid technologies, apply now!

Apply Today and Be Part of the Change!

Additional Information

Relocation Assistance Provided: No

Top Skills

P6 Planning Software
SAP
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The Company
HQ: , Cambridge, MA
75,000 Employees
Year Founded: 2024

What We Do

GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.

If we want our energy future to be different…we must be different.

Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, 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.

Together, we have The Energy to Change the World.

Why Work With Us

Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.

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