Sourcing OPEX & CAPEX Leader
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Job Location:
Greenville, NC - USA
Monthly Salary:
$ 94600 - 157700
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Description Summary
Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the marketJob Description
Roles Summary
The role is responsible for managing and enhancing the daily operations and reporting processes related to Capex and Opex within the Gas Power Sourcing Value Stream. This position involves consolidating financial data ensuring accurate budget tracking and providing comprehensive reports to leadership. Additionally the role focuses on evaluating and improving the wing-to-wing process of Sourcing OPEX and CAPEX to drive efficiency and effectiveness. The ideal candidate will possess strong financial analysis skills experience with enterprise tools like SAP and GEARS and the ability to collaborate cross-functionally with Finance Sourcing and Supply Chain teams.
Responsibilities
In this role you will:
1. Daily Management
- Build and maintain a robust daily management system by consolidating data from multiple sourcing finance and operations tools.
- Ensure a complete and accurate overview of approved Capex and Opex budgets across the Gas Power Sourcing Value Stream.
- Collect track and consolidate transactional financial data (PO creation receipts goods movements cash impact).
- Cross-check with ledger report to spot any data mismatch and complete the receipt overview.
- Develop a strong and rigorous tracking mechanism to collect all the non-automated PO information to build the complete transactional overview.
- Monitor and validate budget status spend progress and forecast consumption at budget and commodity level.
- Manage budget creation and modification through ticket workflows.
- Manage the approvals and reviews.
- Support GEARS process upgrades including testing enhancements and alignment with stakeholder needs.
- Coordinate company code amendments and ensure smooth transition and compliance with financial controls.
- Provide process support and training to sourcing stakeholders to ensure consistent budget governance.
- Oversee AR management including reviewing validating and approving AR submissions in line with GE policies.
2. Reporting
- Consolidate all Capex and Opex requests and needs during SII and communicate a comprehensive overview to Sourcing Finance and Supply Chain leadership.
- Report actual receipt activity at both budget and commodity level for Standard and Capacity budgets during executive reviews.
- Prepare and maintain Capex and Opex pacing highlighting risks opportunities and expected cash-out profiles.
- Report cash impact at Value Stream level with accuracy transparency and clear financial insights.
- Participate actively in monthly MOR and program reviews presenting budget progress cash dynamics and variance explanations.
- Deliver executive-level reporting packages to support data-driven decision-making across Gas Power Sourcing and operational teams.
3. Process Improvement
- Evaluate and improve the wing-to-wing process of Sourcing OPEX and CAPEX to enhance efficiency and effectiveness.
- Conduct thorough assessments of current processes identifying bottlenecks redundancies and areas for improvement.
- Develop and implement strategies to streamline the wing-to-wing process reducing cycle times and improving accuracy.
- Collaborate with cross-functional teams to gather insights and incorporate best practices.
- Monitor the impact of process improvements and adjust strategies as necessary to ensure continuous enhancement.
- Provide training and support to stakeholders to ensure smooth adoption of new processes.
Required Qualifications
- Bachelors degree in Finance Business Administration Supply Chain Engineering or related fields.
- 3-5 years of strong data consolidation and financial analysis skills.
Desired Characteristics
- Lean skills to support key value stream mapping.
- Experience with SAP GEARS financial planning systems or equivalent enterprise tools.
- Strong Interpersonal presentation and facilitation skills
- Ability to lead process improvement initiatives and guide stakeholders through changes.
- Potential to take on greater responsibilities and drive strategic initiatives within the team.
- Able to develop a strategy and drive execution in a matrixed environment including risk mitigation plans
- Ability to operate cross-functionally with Finance Sourcing and Supply Chain.
- Excellent communication and executive reporting capabilities.
Additional Information
GE Vernova offers a great work environment professional development challenging careers and competitive compensation. GE Vernova is anEqual Opportunity Employer. Employment decisions are made without regard to race color religion national or ethnic origin sex sexual orientation gender identity or expression age disability protected veteran status or other characteristics protected by law.
GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: No
Key Skills
- Category Management
- Sourcing
- Procurement
- HR Sourcing
- Supply Chain Experience
- Analysis Skills
- Contract Management
- Supplier Management
- Contract Negotiation
- ERP Systems
- negotiation
- Contracts
About Company
GE Vernova's Asset Performance Management software can help you increase asset reliability, minimize costs and reduce operational risks. View a demo today.
