About Us: GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry. GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
Role Summary: As Analyst for Cost to Serve, you will report to the Director of Business Models and Intelligence. You will be responsible for in depth analysis of the product and solution costing structure, which includes both software and hardware, design and execution of effective costing & pricing strategies, and tactics that will ultimately deliver optimal customer outcome and maximize the business performance of our Oil & Gas Digital product portfolio.
As Staff Analyst - Cost to Serve, you will…
Partner with the GE Digital and Oil & Gas (O&G) Digital product organizations to create and maintain detailed cost structures to inform product decisions.
Be responsible for contributing to the development of and the implementing of a data-driven culture within the O&G Product Management organization by building a systematic analytics framework linking market data with the O&G Digital financial performance and enabling analytics-driven decision making in planning & budgeting cycles and ongoing profitability discussions.
Serve the industrial world’s most demanding customers, contribute to the creation of optimal Go-to-Market strategies through continuous learnings empowered by data and explore new business models to grow the O&G Digital ecosystem.
Leverage industry best practices and lead initiatives such as license to SaaS conversion model and ecosystem contribution & pricing structure to remove friction of market adoption and encourage the participation in the Predix and O&G Digital ecosystem.
Drive competitive analysis that provides an understanding of how O&G Digital’s cost structure compares to others and integrate with win-loss analysis; continually monitor industry dynamics and trends; and anticipate the impact of the change.
Drive simplification and automation of recurring cost tracking and analysis processes to enable rapid, high-quality decision-making by product management.
Provide key inputs into the creation and maintenance of a sustainable O&G Digital financial model in line with business growth opportunities and vertical/regional strategies, and contribute to the institutionalization of ongoing mechanisms to operationalize the model supporting business planning cycles & enabling commercial performance evaluation.
Minimum of a Master’s degree in Finance, Marketing or Business Administration (MBA)
Minimum of 5 years of accounting experience with demonstrated successes as either a cost accountant or a financial analyst/investment banker
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job
Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen
Must be willing to travel roughly 20% of the time.
Must be willing to work out of an office located in Houston, TX
Possesses a working knowledge of Oil & Gas industry
Experience in Internet of Things marketspace
Experience in cloud services, preferably in a complex, multi-divisional, multinational SaaS company
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