Business Analyst – BOM Costing & Cost Analytics
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Job Location:
Monthly Salary:
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description Summary
We are looking for a Business Analyst with strong experience in BOM costing and cost analysis to support product cost transparency and cost-out execution. The role will focus on tracking product costs monitoring commodity trends and working closely with Sourcing and Engineering teams to identify cost gaps track savings initiatives and report progress to stakeholders.Job Description
Key Responsibilities
Maintain and regularly update BOM-level product cost models
o Track and report product cost changes due to Commodity price movements Supplier cost updates Engineering design changes
Monitor commodity trends and assess their impact on component and product costs
o Collaborate with Sourcing and Engineering to track cost-out ideas and savings realization. Identify and report delays risks or gaps against cost targets
o Analyze component cost breakdowns (material labor overhead margin) and compile cost structures of similar components
Identify cost gaps and work on improvement opportunities
Prepare regular cost reports and dashboards for management and project reviews
Required Qualifications
Minimum 5 years of experience in BOM costing cost analysis or cost engineering
Strong proficiency in Microsoft Excel (cost models pivot tables scenario analysis)
Good understanding of manufacturing cost structures and commodity-driven costs
Strong analytical skills with attention to detail
Ability to work effectively with cross-functional teams
Education
Bachelors degree in Engineering Finance Supply Chain Economics or a related field
Preferred Qualifications
Experience in industrial electrical energy or manufacturing environments
Exposure to cost-out / productivity initiatives
Experience with ERP systems (SAP preferred) and reporting tools
Additional Information
Relocation Assistance Provided: Yes
Required Experience:
IC
Key Skills
- SQL
- Agile
- Business Analysis
- Visio
- Waterfall
- Business Process Modeling
- Requirements Gathering
- User Acceptance Testing
- Business requirements
- SDLC
- Systems Analysis
- Data Analysis Skills
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.
