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Project Economics Manager

About the role

We are currently looking for a Project Economics Manager. In this role you will be accountable for achieving the economic targets of the project (TPC, Investments and ER&D Expenses), by leading relevant action plans for their implementation.

Those action plans can mean the following actions:

  • Establish, officialize and manage the economic objectives related to the project perimeter (TPC, Investment (industrial and vendor tooling) and E&R&D Expensens (prototypes, ED&D Launching Cost and Sub-contractors)
  • Optimize, forecast and follow the ER&D expenses and investments commitment
  • The project overview and economic reporting
  • The financial relationship with the partner during cooperation projects (if existing)

Responsibilities

  • Establishes the project economical status and leads the associated action plans
    • Structure the project cost management activity according to the “Job share”, “Pay share” and RASI, as determined with the different project partners (PEMP Project Economic Management Process and Tech Centers).
    • Guarantees the source, quality and consistency of data used by costbook team for the calculation of forecast TPC
    • Builds and updates the TPC and VT Risks and Opportunities portfolio and calculates the potential TPC and VT
    • Monitors expenses under his/her responsibility (make/buy investments, Launching costs, Supplier Ed&D, Validation Means …)
    • Synthesizes the global expenses of the project including (FTE& PS workforce)
    • Officialize the TPC, Investments and R&D expenses with the project, the entities and the partners (via the project’s management contract, the entities’ engineering plans, the investments contract, the Transformation Cost, IBT).
    • Define « as shipped » agreed price in pre serial phase when needed.
    • Builds and updates risks and opportunities portfolio linked to other expenses under his direct management
    • Guarantees application of standards and rules of project economic management established by PMO
  • Leads the project economical optimization to reach economic targets
    • Contributes, during project convergence phase, to definition of robust and global economic objectives (with Product Planning)
    • Builds and updates the economical optimization plan of the project with the different stakeholders.
    • Monitor design according to the cost objective to ensure that the PRS TPC-Investment is optimal related to the other project objectives (performance, quality, planning, R&D expenses).
    • Search how to optimize expenses, and lead the associated working sessions for the project, ensuring that an optimal compromise between performances/expenses/TPC/planning is reached.
    • Lead TPC recovery plan when needed
    • Quotes product and industrial scenarios (expenses, investments, TPC) with the stakeholders
    • Provides financial targets to the different stakeholders and actors involved in the project (Engineering,..), and part by part targets for sourcing
    • Provides economical studies (profitability) to the project for orientation/decisions of evolutions
    • Validates economical impact during project decision & change management meetings

 

  • Manages project annual expenses budget
    • Prepares the financial framing of expenses directly allocated to the project on an annual basis and per stakeholders
    • Monitors project expenses (including comparison between actual expenses and budget) and establishes forecasts
    • Manages action plans with all stakeholders (Purchasing, Engineering) to meet annual/monthly forecast
    • Controls and validates expenses workflows
  • Ensure the financial relationship with the partner during cooperation projects (economic convergence, officialization, reporting to cooperation decision-making bodies).

 

  • Prepares project switch to mass production phase
    • Ensures with Finance, Cost Engineering & Total Production Cost and Purchasing a correct first serial price calculation (TPC)
    • Transfers to serial life team closed list of project expenses remaining to be done with according budget. Establish a TPC and VT risks and opportunities portfolio applicable in serial life.
    • Build with the stakeholders TPC Forecast at SOP + 1 year & the TPC recovery plan

 

  •  Performs lesson learned
    • Establishes lessons learned and shares experience with peers and PMO team

Qualifications

  • You have a relevant academic background, f.e. you hold a masters degree in TEW
  • You already have several years of experience in project management
  • You have strong financial understanding and experience with budget tracking
  • Beside your analytical and financial mindset, you handle your responsibilities with a certain commercial flair. You know how to act around stakeholders and dare to challenge the teams/people your collaborating with.
  • A fluent knowledge of English is mandatory for this position

We offer

  • You will join an enthusiastic team and a respected company known for its strong international focus in the challenging automotive industry
  • We offer a dynamic work environment with opportunities for growth and development and exposure to new best in class simulation tools and new technologies
  • You can count on motivated colleagues in a professional setting that values creativity, initiative and effective communication
  • We provide a congestion-free access and an attractive salary package with all kinds of fringe benefits
  • Additional Information We are an equal opportunity employer that does not discriminate on the basis of any legally protected status.

Additional information

  • • Type: Hybrid
  • • Contract: Full-time
  • • Location: Sint-Truiden, BE

About Stellantis e-Transmissions

Stellantis e-Transmissions, a member of the Stellantis group, operates in Belgium and the Netherlands, specializing in hybrid transmission manufacturing. With a workforce of over 850 employees, robust R&D with state-of-the-art test facilities, and comprehensive operational capabilities, we are at the forefront of the automotive industry.

Our product portfolio includes a range of innovative dual clutch hybrid and conventional transmissions, designed to be affordable and deliver superior driving performance, fuel efficiency, and reduced CO2 emissions.

Apply now

Become part of a company setting new standards in hybrid transmission technology. Simply apply using the form below to join Stellantis e-Transmissions and drive your career forward.

Upload your resume and/or cover letter (Word or PDF only)*

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