GE Vernova

Electrical and Electronics Should Cost Engineer

GE Vernova  •  Chennai, IN (Onsite)  •  15 days ago
Apply
AI can make mistakes so check important info. Chat history is never stored.
43
AI Success™

Job Description

We are looking for a highly analytical and technically proficient Should Costing Engineer with a strong foundation in electrical and electronics engineering and manufacturing processes. This role is critical in supporting design-to-cost initiatives by working closely with product engineering teams to influence cost-effective design decisions early in the development cycle. The ideal candidate will have deep knowledge of electrical and electronics components such as transformers, reactors, breakers, switches, and electronic modules, and will be responsible for building accurate cost models based on engineering and manufacturing insights.

Key Responsibilities:

· Collaborate with sourcing and engineering teams to support design-to-cost strategies during product development.

· Analyze engineering drawings, schematics, and specifications to understand design intent and cost drivers.

· Develop detailed cost models for electrical and electronics components including:

- Transformers

- Reactors

- Breakers

- Switches

- Electronic modules

· Provide cost feedback and recommendations to optimize designs for manufacturability and cost efficiency.

· Maintain cost benchmarks and databases for various manufacturing processes and materials.

· Engage with sourcing and procurement teams to validate supplier quotes and support cost negotiations.

· Participate in supplier discussions to ensure transparency and alignment on cost structures.

· Prepare and present cost analysis reports to cross-functional stakeholders.

    • Maintain BOM cost records: Track and report product cost changes due to Commodity price movements, Supplier cost updates, Engineering design changes

    • Collaborate with Sourcing and Engineering to track cost‑out ideas and savings realization. Identify and report delays, risks, or gaps against cost targets

Required Skills & Qualifications:

· Bachelor’s degree in Electrical Engineering, Electronics Engineering, or related field.

· 8+ years of experience in should costing, cost engineering, or product cost management.

· Strong understanding of electrical and electronics design principles and manufacturing processes.

· Proven experience in design-to-cost or value engineering initiatives.

· Advanced proficiency in Microsoft Excel (formulas, pivot tables, data analysis).

· Ability to interpret engineering drawings and schematics.

· Experience in supplier engagement and cost breakdown validation.

· Excellent analytical, communication, and interpersonal skills.

Preferred Qualifications:

· Exposure to global sourcing and supplier markets.

· Familiarity with cost estimation tools (e.g., aPriori) and ERP systems.

· Experience working in cross-functional teams (engineering, sourcing, quality, finance).

Additional Information

Relocation Assistance Provided: Yes

GE Vernova

About GE Vernova

GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world.

It is made up of three businesses -- Power, Wind, and Electrification -- with focus on accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come.

GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

Together, we have the energy to change the world.

Industry
Energy & Utilities
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
Unknown
Social Media