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GE Vernova

Builds equipment and software for electric power

Converter Transformer Costing Leader

Procurement & SourcingPosted on Nov 13
Full-timeNo salary listed

About the Job

Requirements

  • A Bachelor's degree from an accredited university or college is required; Electrical Engineering or business management is preferred.
  • Significant experience in a project-based business, including guiding colleagues across teams, is required.
  • Ability to deliver accurate work under tight deadlines is required.
  • Clear written and spoken communication in global teams is required.
  • Working knowledge of cost estimating or sourcing is required.

Responsibilities

  • Own the direct material costing process and prepare and bundle direct material cost estimates for the Converter Transformer with Commodity Management.
  • Ensure estimates include Commodity Price Agreement and firming, match the application scope, and identify risks, opportunities, and mitigation actions.
  • Understand the market and targeted tenders and projects, support the tendering team during the bid process, and contribute to deal and tender reviews by raising concerns and proposing solutions.
  • Track costs against the baseline reference solution target cost throughout the tender, benchmark and challenge misaligned costs, report actual versus reference costs, explain variances, and propose resolutions.
  • Create, manage, and maintain the Converter Transformer costing tool in Inquiry To Order Configurator, including all inputs and outputs, and contribute to its digitalization.
  • Work with Engineering on transformer design and solidity, and with Commodity Management on direct material subcomponents to improve competitiveness and support commodity strategy.
  • Agree the manufacturing schedule and direct material costs with Manufacturing, New Product Introduction, the Solution Owner, and Procurement so the product can be delivered on the project schedule.
  • Build the sourcing strategy with technical and commercial teams and coordinate with Solution Line Sourcing to apply purchasing terms, contract conditions, and supplier prequalification.
  • Review total cost of ownership, firming provisions, assumptions, and supplier selection.
  • Help define best practices, cost-estimating strategy, policies, and procedures that meet quality standards, and work with Engineering on cost-engineering techniques that reduce inefficiencies.
  • Hand over won deals to Order to Remittance stakeholders, capture execution lessons learned, and feed them into future tenders to help awarded projects avoid schedule or cost slippage.

Desired Qualifications

  • Experience in grid solutions, including knowledge of the products.
  • Exposure to tendering.

About the Company

GE Vernova

Builds equipment and software for electric power

GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.

Company size
10,001+
Company stage
N/A
Total funding
$17.6M
Headquarters
Cambridge, MA
Founded
2024

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