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On Job trainee (FORAS) - Economic value & Pricing

Type:
Location(s):
BFH, Municipality 3802, BLD 1459, Rd 4626, BLK 346, Manama, Muḥāfaẓat al-ʿĀṣimah 323, Bahrain
Date Posted:
Salary:
Job Posting Start Date:
2025-12-04
Job Posting End Date:
2025-12-13
Job ID:
R5026017
Job Description

Job Description Summary

Economic Value and Pricing Team
This team have strategic responsibility for the thermo-economic modeling and pricing of a wide range of transactions in Europe, the Middle East, and Africa. Those transactions may include but are not limited to equipment only hardware, engineered equipment packages, and turnkey offerings. The specific customer goals, GE product offerings, competitor offerings, and thermo-economics creates an opportunity to tailor a GE solution. The GE solution needs to be priced competitively while also balancing GE’s financial objectives.
The team works closely with other regions to help drive global consistency in the tools and methods used in thermo-economic modeling and pricing. The team play a key role in total plant pricing as it relates to partner selection and division of responsibility. This will involve working with Partnering team to guide selection and price targets.

Responsibilities:
Work collaboratively with global team to drive consistency in tools and methods
Support developing standard work in how customer economics are modeled, and specific transactions are priced.
Ensure customer economics are being modeled with discipline. Ensure that key assumptions are being debated with team members and documented
Prepare dashboards that support visual daily management to ensure key business.

Economic Value and Pricing Team
This team have strategic responsibility for the thermo-economic modeling and pricing of a wide range of transactions in Europe, the Middle East, and Africa. Those transactions may include but are not limited to equipment only hardware, engineered equipment packages, and turnkey offerings. The specific customer goals, GE product offerings, competitor offerings, and thermo-economics creates an opportunity to tailor a GE solution. The GE solution needs to be priced competitively while also balancing GE’s financial objectives.
The team works closely with other regions to help drive global consistency in the tools and methods used in thermo-economic modeling and pricing. The team play a key role in total plant pricing as it relates to partner selection and division of responsibility. This will involve working with Partnering team to guide selection and price targets.

Job Description

Role Summary

The On Job Training (Foras) Program is a 6 months program and it is an investment in Bahraini young talents where GE Vernova trains fresh graduates who meet the required criteria to perform traineeship in a GE Vernova business. The traineeship will develop the general skills of the trainee and provide on the job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures.

Responsibilities

During the program GE Vernova will provide assignments, projects & tasks that is related to his/her major where he/ she can develop Leadership Capabilities, communication skills and introduce him/her to the work environment.

Economic Value and Pricing Team

This team have strategic responsibility for the thermo-economic modeling and pricing of a wide range of transactions in Europe,  the Middle East, and Africa.  Those transactions may include but are not limited to equipment only hardware, engineered equipment packages, and turnkey offerings.   The specific customer goals, GE product offerings, competitor offerings, and thermo-economics creates an opportunity to tailor a GE solution.  The GE solution needs to be priced competitively while also balancing GE’s financial objectives.

The team works closely with other regions to help drive global consistency in the tools and methods used in thermo-economic modeling and pricing.   The team play a key role in total plant pricing as it relates to partner selection and division of responsibility. This will involve working with Partnering team to guide selection and price targets.

What Will You Do:

  • Work collaboratively with global team  to drive consistency in tools and methods
  • Support developing standard work in how customer economics are modeled, and specific transactions are priced.
  • Ensure customer economics are being modeled with discipline.  Ensure that key assumptions are being debated with team members and documented
  • Prepare dashboards that support visual daily management to ensure key business opportunities are tracked and milestones are being met leading up to a bid submission.
  • Proactively identify opportunities for enhancing tools.

What Do You Bring:

  • Fresh graduates up to 24 months of experience
  • BS Engineering –Mechanical, Electrical, Electronics, Instrumentation & Controls, Industrial or related engineering back ground preferred
  • Eligible for The Foras program by Ministry of Labour and Tamkeen
  • Candidate will not be registered in Gosi for the duration of the program
    • Active listener with good communication skills in English.
    • Strong Proficiency in Microsoft Office applications.
    • Proactive with high level of integrity and committed to process improvement.
    • Strives to achieve Project goals and Customer satisfaction.
    • A team player with the ability to communicate effectively with cross functional teams.

How To Stand Out:

  • Master’s degree (MBA) or other advanced learning
  • Understanding of Power Plant design, operation, and its equipment.
  • Demonstrated leadership potential
  • Record of achievement with a passion to achieve positive business results
  • Curiosity and desire to learn and expand skill set
  • Adaptable and open to change
  • Initiative taker and focused with delivering on time

Additional Information

Relocation Assistance Provided: No