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 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
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 yearly and middle cycle forecast
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)
Basic Requirements:
Bachelor's degree in Computer Science, Computer Engineering, Electrical Engineering, or a related field
Min. 7 years of experience
2+ years' experience in cost management roles with responsibility for Budget and TPC
3+ years working experience in the fields of propulsion system
Project management and planning skills, ability to lead cross functional 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:
Master's degree in technical disciplines like mechanical, electrical, mechatronics at a nationally accredited institution/university.
Previous experience in cost management roles in the automotive industry
Previous knowledge of STLA processes and organization, having worked as an SRA or similar
Salaried Employee Benefits (US, Non-Represented)
Health & Wellbeing
Comprehensive coverages encompassing the Physical, Mental, Emotional, and overall Wellbeing of our employees, including short- and long-term disability.
Compensation, Savings, and Retirement
Annual Incentive Plan (SAIP), 401k with Employer Match & Contribution (max 8%), SoFi Student Loan Refinancing.
Time Away from Work
Paid time includes company holidays, vacation, and Float/Wellbeing Days.
Family Benefits
12 Weeks paid Parental Leave, Domestic Partner Benefits, Family Building Benefit, Marketplace, Life/Disability and other Insurances.
Professional Growth
Annual training, tuition reimbursement and discounts, Business Resource & Intra-professional Groups.
Company Car & More
Comprehensive Company Car Program and Vehicle Discounts. Vehicle discounts include family and friends.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled.