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Project Economic Manager

Stellantis
Posted 2 months ago, valid for 10 days
Location

Auburn Hills, MI, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Project Economical Manager (PEM) is responsible for managing project cost commitments and ensuring optimal cost/performance ratios in Advanced Project, Project, or Serial Life environments.
  • The role requires a Bachelor's degree in technical disciplines and at least 7 years of experience in cost management roles with budget responsibilities.
  • Key responsibilities include structuring cost management activities, monitoring design costs, providing economic reporting, and managing investment and expenses.
  • The PEM also leads cost convergence plans, builds transformation cost contracts, and ensures financial relationships within cooperation projects.
  • Strong project management skills, analytical abilities, and fluent English communication are essential for this position.
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)
Qualifications
Basic 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 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:
  • 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
 



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