Project Economic Manager

Segula Technologies; Auburn Hills (MI); On-site; USD 90,000 - 110,000; Full time

Job summary

Groupe SEGULA Technologies SA, located in Auburn Hills, Michigan, is seeking a Project Economical Manager (PEM) to oversee project cost commitments across all phases. In this role, you will manage complex budgets, optimize costs, and ensure alignment with performance metrics.

Key responsibilities include defining project cost management activities, leading cost convergence plans, and providing essential economic reporting. Candidates should have strong analytical skills and experience in financial strategy.

Qualifications

• Strong analytical and leadership skills.
• Experience in financial strategy and cost management.
• Understanding of manufacturing and supplier alignment.

Responsibilities

• Oversee and optimize project cost commitments across various project phases.
• Define and manage project cost management activities.
• Lead cross-functional cost convergence plans.
• Provide economic reporting on TPC forecasts and cost variances.
• Build Transformation Cost contracts and manage risk portfolios.

Job description

We are seeking a highly analytical and leadership-driven Project Economical Manager (PEM) to oversee and optimize project cost commitments across Advanced Projects, Main Projects, and Serial Life phases. In this pivotal role, you will consolidate all economic elements of our propulsion projects to reach target costs, ensure an optimal cost-to-performance ratio, and manage all actions with potential financial impacts.

Acting as the single point of contact for the Propulsion System organization on program vehicles, you will drive cost convergence plans and manage multimillion-dollar investment budgets.

Key Responsibilities

Financial Strategy & Cost Management

• Cost Structuring: Define and structure project cost management activities according to established "Job Share," "Pay Share," and RASI matrices with project partners.

• Design-to-Cost Monitoring: Monitor product design against cost objectives to ensure Total Product Cost (TPC) and investments are fully optimized alongside performance, quality, timing, and R&D metrics.

• Convergence Plans: Lead cross-functional cost convergence plans to bridge gaps and hit economic targets.

Budgeting, Contracts & Forecasting

• Financial Forecasting: Provide detailed economic reporting including TPC forecasts, potential cost variances, R&D expenses, and investment status.

• Manufacturing & Supplier Alignment: Build Transformation Cost contracts with Manufacturing and establish Investment contracts for "Make or Buy" decisions. Provide clear component target costs to Purchasing/GPSC.

• Risk & Opportunity Management: Build, monitor, and mitigate the project's Risk and Opportunity financial portfolio.

• VEMO Controlling Reporting: Manage yearly investments and expenses, including monthly budget breakdowns, F1/F2 forecasting, and expense landing analysis.

Partnership & Collaboration

• Support and maintain financial relationships with external partners within cooperation projects, ensuring economic convergence and reporting to cooperation authorities.