Project Cost Execution Leader

undefined ago • 5 Years +

Job Summary

Job Description

This Project Cost Execution Leader role within the Freight Equipment Organization focuses on developing and maintaining project controls plans for Kaz locomotive projects, collaborating with the Program Manager. The role involves establishing processes and monitoring project performance. It's about making an impact, putting people first, and continuously improving. Wabtec is revolutionizing global movement and seeks individuals ready to grow and contribute to future generations.
Must have:
  • Prepare cost estimates, manage project budget, and track actual expenditures for various costs.
  • Develop and implement processes for understanding current product costs of locomotive and kit deals.
  • Forecast future costs of existing locomotive deals tied to standards and revenue recognition.
  • Partner with Sourcing, Engineering, and Manufacturing to identify and resolve risks and opportunities.
  • Identify and understand gaps, themes, and trends in data with cross-functional team support.
  • Partner with Supply Chain Finance for continuous improvement in locomotive costing.
  • Define and implement report out rhythms for communicating current and forecasted roll-ups.
  • Facilitate team communication to achieve milestones and manage internal/external stakeholders.
Good to have:
  • Willingness to learn engineering, manufacturing and supply chain tools and processes in depth
  • Ability to influence multiple stakeholders and work across the matrix organization and project manage issues to resolution
  • Ability to work effectively in a cross-functional team
  • Effective communication and presentation skills
  • Strong interpersonal and leadership skills

Job Details

Role Summary

Within the Freight Equipment Organization, this position will develop and maintain project controls plans for the Kaz locomotive projects in conjunction with the Program Manager. They will establish processes and monitor project performance in relation to the essential responsibilities.

Essential Responsibilities

  • Prepare cost estimates, manage project budget and track actual project expenditures for Product Cost, Engineering NRE, Cost Out, Inflation to Production, PTA and other costs as required
  • Develop and implement a process for understanding the current product cost of existing locomotive and kit deals through lifecycle of locomotive development (deal to build)
  • Develop and implement a process for forecasting the future cost of existing locomotive deals tied to anticipated standards and revenue recognition points
  • Partner with Sourcing, Engineering and Manufacturing to identify risks and opportunities to the current roll ups and forecasted roll ups and drive accountability and resolution with supporting functions to close risks and opportunities
  • Identify and understand gaps, themes and trends in the data working with the cross functional teams for support
  • Partner with Supply Chain Finance on continuous improvement into the locomotive costing process
  • Define and implement report out rhythms for communicating current roll ups and forecasted roll ups as well as project theme or trend identification
  • Facilitate communication within the team, as needed, to achieve milestones and professionally manage communications with internal / external project stakeholders

Qualifications/Requirements

  • Bachelor's Degree from an accredited college or university
  • Minimum of 5 years of experience in an Engineering or Project Management role

Desired Characteristics

  • Willingness to learn engineering, manufacturing and supply chain tools and processes in depth, if not already familiar
  • Strong familiarity and skillset in Excel
  • Ability to influence multiple stakeholders and work across the matrix organization and project manage issues to resolution.
  • Ability to work effectively in a cross-functional team
  • Effective communication and presentation skills
  • Strong interpersonal and leadership skills

Who are we?

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more! http://www.WabtecCorp.com

Our Commitment to Embrace Diversity:

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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About The Company

Want to move the world? Want to innovate and bring that innovation to life? At Wabtec, we are in the business of realizing potential – that of the transportation industry, and yours! Drawing on nearly four centuries of collective success across the vibrant portfolios of Wabtec, GE Transportation and Faiveley Transport, we offer employees hands-on opportunities all over the world to shape the future of transportation – as well as their own. Wabtec is focused on performance that drives progress, leveraging our digital expertise, technological innovation, and world-class manufacturing and services to create transportation solutions that move and improve the world. Along with our industry-leading portfolio of products and solutions for the rail and transit industries, Wabtec is a leader in mining, marine, and industrial solutions.

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