The Role
Lead and manage project cost activities for propulsion system programs, consolidating economic elements, monitoring design against cost targets, producing TPC forecasts, managing investment/expense reporting, building risk/opportunity portfolios, and driving cost convergence and contracts with purchasing and manufacturing.
Summary Generated by Built In
Job Summary & Responsibilities
In Advanced Project, Project or Serial Life,the Project Economical Manager (PEM) builds and ensure the project’s cost commitment, consolidates all economic elements of the project to reach the targets and ensure the cost/performance ratio is optimal. Manages all actions with a potential cost impact.
Accountable for:
- Structure the project cost management activity according to the “Job share”, “Pay share” and RASI, as determined by the different project partners (COP and zones)
- Monitor design according to the cost objective to ensure that the TPC-Investment is optimal related to the other project objectives (performance, quality, delay, R&D expenses)
- Provide Advanced project/ Project/ Serial life Economical reporting : TPC Forecast and potential, expenses and Investment status compared to the target .
- Provide component target to Purchasing compliant with the global target to GPSC
- Build and monitor Risk and Opportunity portfolio ( project and serial life)
- Lead cost convergence plans to reach the targets
- Build Transformation Cost contract with Manufacturing in project
- Build the Investment contract for Make and buy
- Manage the yearly Investment and Expenses and report to VEMO controlling:
- Monthly breakdown budget for Y+1, forecast F1 and F2
- Landing for expenses
- Analysis of actuals and convergence plan
Significant support in:
- Ensure the financial relationship with the partner within Cooperation projects (economic convergence, contract approval, reporting to the cooperation authorities)
Preferred QualificationsBasic Qualifications:
- Bachelor's degree in technical disciplines like mechanical, electrical, mechatronics at a nationally accredited institution/university.
- At least 7 years' experience in above disciplines, having worked in cost management roles with responsibility for Budget and TPC
- Project management and planning skills, ability to lead crossfunctional work groups, meetings and task forces
- Good analytical skills and open and curious interdisciplinary mindset
- Good communication and presentation skills, verbally and in writing
- Fluent or Advanced English
Preferred Qualifications:
- Previous knowledge of STLA processes and organization, having worked as an SRA or similar
- Previous experience in cost management roles in the automotive industry
- Previous experience in propulsion system in the automotive industry
Skills Required
- Bachelor's degree in mechanical, electrical, or mechatronics
- At least 7 years' experience in technical disciplines with cost management responsibility for Budget and TPC
- Project management and planning skills; ability to lead cross-functional work groups
- Good analytical skills and interdisciplinary mindset
- Good communication and presentation skills, verbal and written
- Fluent or advanced English
- Previous knowledge of STLA processes and organization (SRA or similar)
- Previous experience in cost management roles in the automotive industry
- Previous experience in propulsion systems in the automotive industry
Stellantis Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Stellantis and has not been reviewed or approved by Stellantis.
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Pay Growth & Progression — Contract-driven increases lifted hourly wages roughly 25% over 4.5 years and restored cost-of-living adjustments, pushing top rates near $42 per hour by the end of the agreement. Union hourly positions appear to have benefited most since the 2023 deal.
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Affordable Benefits — UAW-represented hourly workers pay no premiums and about 3% of total healthcare costs while receiving comprehensive medical, dental, vision, and wellness coverage. This creates materially lower out-of-pocket costs for represented hourly roles.
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Retirement Support — Post-2007 hourly hires receive a 10% employer 401(k) contribution and legacy workers saw defined-benefit improvements with retiree bonuses. Salaried roles also cite a 401(k) with employer match and contribution up to a maximum of 8%.
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The Company
What We Do
Our storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services: they include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall and mobility brands Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which we operate.
