via Indeed
$Not specified
Manage project costs, monitor design and expenses, and lead cost convergence plans to meet project targets.
Requires a bachelor's degree in a related field, experience in cost management and propulsion systems, and strong analytical and communication skills.
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 • 1+ years’ experience in mechanical, electrical or mechatronics, having worked in cost management roles with responsibility for Budget and TPC • 1+ 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 • Previous knowledge of STLA processes and organization, having worked as an SRA or similar Previous experience in cost management roles in the automotive industry
This job posting was last updated on 2/10/2026