Costing Excellence Leader - ITO
Job Description Summary
As part of the Hydro Commercial team, the ITO Costing Excellence Leader will be responsible for ensuring best in class costs estimates for complex Hydro New and Refurbishment projects tenders, that maximizes GE Vernova Hydro Power competitiveness, reflects GE Vernova Hydro Power execution capabilities, and secure profitability of the projects in execution.
The ITO Costing Excellence Leader will collaborate closely with all costing teams across the world, commercial operations teams and functional teams within GE Vernova Hydro Power tender organization (Engineering, Sourcing, Construction and Commissioning, Planning), to review costs estimates of each offer, support the costing teams with his/her expertise and ensure compliance to our global costing process.
The ITO Costing Excellence Leader will also develop the costing expertise of the costing teams (costing methodologies, products knowledge) and manage at a global level the costing teams' workload.
Job Description
Want more jobs like this?
Get jobs in Vadodara, India delivered to your inbox every week.

Roles and Responsibilities
• Secure costing quality in reviewing and approving the costing of all Hydro Power offers and monitor the project execution slippages due to ITO costs estimates issues.
• Assume a costing expert role with regional and functional leaders and coordinate with Costing and CommOps teams to share best practices.
• Challenge and support Costing teams during costs deep dives to reduce gap to close and optimize deal offering to reach competitive costs level required by our pricing strategy (target costs).
• Review tendered and executed costs trends to propose and develop actions plans to improve our ITO costs competitiveness and estimation accuracy.
• Collect and maintain historical deals costing information (tender/target costs, costs ratio indicators, technical drivers, industrial schemes).
• Animate the costing community, structure and develop costing expertise across the teams.
• Manage and balance the costing teams load across the world.
• Manage global ITO Costing process and support ITO Operations continuous improvement objectives.
• Define and monitor specific KPIs to measure progress of our organization on costing (target vs. tendered costs, tendered vs executed costs, costs variances over the years) and ensure ITO costing process compliance.
• Support Sales and CommOps teams for budgetary offers preparation.
• Support Pricing team for target price and target costs preparation.
• Participate to data quality and methodologies improvement in costing and pricing tools.
• Participate to the firming and pricing escalation process.
Required Qualifications
• Bachelor of Engineering / B.Tech with 12+ years of experience in Costing, Pricing, Commercial Operations, Project Management.
Desired Characteristics
• Excellent English (written and spoken).
• Significant experience in offers and projects budgets and costs estimates.
• Knowledge of products and activities linked to the Hydropower industry.
• Demonstrated strong leadership skills and ability to influence cross functional teams at all levels of the organization to drive actionable positive outcomes.
• Be organized, autonomous, rigorous and data oriented.
Additional Information
Relocation Assistance Provided: Yes
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- FSA With Employer Contribution
- HSA
- HSA With Employer Contribution
- Fitness Subsidies
- On-Site Gym
- Mental Health Benefits
Parental Benefits
- Adoption Assistance Program
- Family Support Resources
- Birth Parent or Maternity Leave
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Unlimited Paid Time Off
- Paid Holidays
- Personal/Sick Days
- Summer Fridays
Financial and Retirement
- 401(K)
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Tuition Reimbursement
- Access to Online Courses
- Lunch and Learns
- Leadership Training Program
- Internship Program
- Associate or Rotational Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
- Unconscious Bias Training
Company Videos
Hear directly from employees about what it is like to work at GE Vernova.