Project Economics Manager

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.

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.