Lead Product Cost Controller

Posted 4 Days Ago
Be an Early Applicant
Budapest, HUN
In-Office
Mid level
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
Leads standard costing and financial governance for manufacturing operations. Responsibilities include annual cost setting, material and labor cost simulations, variance analysis, ERP and master data validation, SOX controls, audit support, inventory valuation, quarterly corrections, and reporting. Partners with site leadership and supply chain teams to ensure accurate costing, inventory reconciliation, compliance, and financial integrity.
Summary Generated by Built In
Job Description SummaryThe Product Cost Controller is responsible for the financial integrity and strategic governance of standard costing for the Greenville and Forrester manufacturing operations. This role serves as a key financial partner, driving the annual cost-setting process through rigorous data validation, variance analysis, and internal control oversight. The successful candidate will ensure that all product costing activities align with global accounting policies, SOX compliance requirements, and business strategy, providing critical financial insights to leadership during the annual standards setting and quarterly correction cycles.

Job Description

Roles and Responsibilities

  • Strategic Financial Planning & Governance: Lead the end-to-end annual standard cost lifecycle, ensuring alignment with corporate financial planning, COE guidance, and controllership directives. Establish clear roles, responsibilities (RACI), and timelines.
  • Cost Simulation & Analytics: Execute iterative simulations of material and labor roll-ups. Analyze YoY variances and identify drivers of cost fluctuations, ensuring data integrity in the ERP environment.
  • Cost Quantification: Manage the quantification of mixed-source materials (Internal purchase vs. 3rd Party-subcontracting), ensuring accurate cost assignment for subcontracted service.
  • Master Data Governance: Oversee the integrity of critical part lists, ensuring that internal feeds, Bill of Materials, and data inputs for calculation proposed new standard prices are properly mapped and reconciled.
  • Internal Controls (SOX): Maintain strict adherence to SOX requirements; schedule and lead formal validation reviews with site leadership to ensure the validity of final published standards.
  • Audit Readiness: Act as the financial point of contact for internal/external audits, providing documentation and facilitating annual reviews.
  • Quarterly Performance Management: Conduct 1Q deep-dives and post-cycle corrections; maintain the financial integrity of the system through structured workflows. Validate financial impact of Standard Cost update booked by ERP.
  • Operational Analytics & Reporting: Act as a Subject Matter Expert (SME) in key supply chain and financial processes related to smaller sites' inventory and standard costing, closing, and reporting. Lead obsolescence inventory and FIFO revaluation planning and pacing, presenting results to the site finance leader.
  • Virtual Support for Physical Operations: Provide remote or optional in-person financial oversight and analytical support for physical inventory cycles, ensuring that local counts reconcile accurately with system data and that adjustments are processed in alignment with corporate financial standards.

Required Qualifications

  • Bachelor’s degree in accounting, Finance, or Business
  • Relevant finance experience, preferably within manufacturing or supply chain environments
  • Knowledge of accounting principles and inventory-related processes (US GAAP preferred)
  • Experience using ERP systems (SAP, Oracle or similar)
  • Familiarity with digital analytics or automation tools (e.g., Tableau, Power BI)
  • Strong attention to detail and ability to manage deliverables independently, ability to present results and escalate issues to leadership
  • Fluent English communication skills, both written and verbal 

Desired Characteristics

  • Prior experience in inventory or supply chain finance
  • Ability to identify process inefficiencies and suggest improvements
  • Strong analytical, problem-solving, and communication skills
  • Experience in cross-functional collaboration within global organizations
  • Project management skills

Additional Information

Relocation Assistance Provided: No

Skills Required

  • Bachelor’s degree in accounting, finance, or business
  • Relevant finance experience, preferably in manufacturing or supply chain environments
  • Knowledge of accounting principles and inventory-related processes; US GAAP preferred
  • Experience using ERP systems such as SAP, Oracle, or similar
  • Familiarity with digital analytics or automation tools such as Tableau or Power BI
  • Strong attention to detail and ability to manage deliverables independently
  • Ability to present results and escalate issues to leadership
  • Fluent written and verbal English communication skills
  • Prior experience in inventory or supply chain finance
  • Ability to identify process inefficiencies and suggest improvements
  • Strong analytical, problem-solving, and communication skills
  • Experience collaborating cross-functionally within global organizations
  • Project management skills
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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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