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GE Vernova

Builds equipment and software for electric power

Lead Product Cost Controller

Cost & Management AccountingUpdated on Nov 11
Full-timeNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in accounting, finance, or business is required.
  • Relevant finance experience, preferably within manufacturing or supply chain environments, is required.
  • Knowledge of accounting principles and inventory-related processes is required; US GAAP knowledge is preferred.
  • Experience using ERP systems such as SAP, Oracle, or similar is required.
  • Familiarity with digital analytics or automation tools such as Tableau or Power BI is required.
  • Ability to manage deliverables independently, present results, and escalate issues to leadership is required.
  • Fluent written and verbal English communication skills are required.

Responsibilities

  • Lead the end-to-end annual standard cost lifecycle, ensuring alignment with corporate financial planning, COE guidance, and controllership directives, and establish clear roles, responsibilities (RACI), and timelines.
  • Execute iterative simulations of material and labor roll-ups, analyze year-over-year variances, identify cost fluctuation drivers, and ensure data integrity in the ERP environment.
  • Manage the quantification of mixed-source materials, including internal purchases and third-party subcontracting, ensuring accurate cost assignment for subcontracted services.
  • Oversee the integrity of critical part lists and ensure internal feeds, bills of materials, and calculation inputs for proposed new standard prices are properly mapped and reconciled.
  • Maintain adherence to SOX requirements and lead formal validation reviews with site leadership to ensure the validity of final published standards.
  • Act as the financial point of contact for internal and external audits, provide documentation, and facilitate annual reviews.
  • Conduct first-quarter deep dives and post-cycle corrections, maintain system financial integrity through structured workflows, and validate the financial impact of standard cost updates booked by ERP.
  • Serve as a subject matter expert in supply chain and financial processes related to smaller-site inventory, standard costing, closing, and reporting; lead obsolescence inventory and FIFO revaluation planning and pacing, and present results to the site finance leader.
  • Provide remote or optional in-person financial oversight and analytical support for physical inventory cycles, ensuring local counts reconcile with system data and adjustments align with corporate financial standards.

Desired Qualifications

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

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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