Cost Out Leader

About NET Power

Passionate about making an impact? We are. At NET Power we are driven by our vision of empowering a clean world by globally deploying affordable and reliable zero-emissions energy. We are a well-capitalized, public clean energy technology company based in Durham, North Carolina with operations in Houston and La Porte, Texas.

Our impact is transformational.

NET Power technology doesnt just reduce the worlds carbon footprint. It delivers the Energy Trifecta: Reliable, Low-Cost, Clean Energy. A winning solution for everyone.

Job Overview

We are seeking a highly motivated tenacious Cost-Out Leader to join our team. The Cost-Out Leader reports to the Head of Product Development. This role will lead the development and then subsequent implementation of the companys cost reduction strategy for the entirety of our power plant solution (i.e. our product). Our utility-scale power plant is in its development phase which makes this the perfect time to join our team to lead this strategy at its inception. This role is critical to achieving our business goals in the medium and long term.

The Cost-Out Leader will be responsible for leading strategic initiatives to reduce cost (including product cost, reduction of lead-time, reduction of installation and commissioning timeframe) and enhance the value of our product. This role requires an understanding and experience with introducing new products, modularization and packaging or skidding strategies used in the power-generation & process industry, and long-term supply chain optimization to drive cost reduction while maintaining product quality and performance. The successful candidate will have the ability to lead, influence, and work autonomously when required.

This role will be based in Houston, TX or Durham, NC.

Responsibilities and Duties

• Primary Focus is to setup/ implement a plan to achieve our corporate cost-out targets.
• Lead cross-functional teams in the development and execution of cost reduction strategies to exceed companys cost objectives (reduce cost, reduce lead-time, and/or reduction of installation and commissioning activities).
• Collaborate with engineering, manufacturing, and supply chain teams to identify cost-saving opportunities through design optimization (modularization and/or packaging strategies), optimizing skidding, and other strategies reducing the overall installed cost of the product.
• Develop, generate, and execute individual cost-out strategies and program with each of our critical partners, vendors, critical drivers.
• Ability to analyze market data to understand industry trends and identify opportunities for cost reduction.
• Drive modularization strategy to streamline production and assembly processes, reducing time-to-market and operational costs.
• Working with our supply chain team to optimize supply chain strategies to ensure efficient and resilient operations, balancing cost, quality, and delivery requirements.
• Utilize data analytics to forecast cost trends and assess the impact of cost-saving initiatives.
• Prepare detailed reports and presentations for senior management, demonstrating the financial impact of cost-out and cost-down activities.

Education and Required Experience

• Bachelors degree in Supply Chain, Package Engineering, or, Engineering related field; MBA preferred.
• Minimum of 7-10 years of experience in cost reduction program management/ execution in the power generation, process industry, or similar industries.
• Proven track record of implementing successful cost reduction strategies and/or modularization strategies.
• Strong knowledge of modularization and supply chain management principles.
• Experience with new product introduction and lifecycle management.
• Prior experience with Should cost modeling approach required.
• Excellent analytical, negotiation, and project management skills.
• Ability to lead and motivate cross-functional teams.

Strong communication and interpersonal skills.

Additional Requirements

Candidates must be able to perform essential functions as outlined above, including but not limited to:

• Work effectively in an office environment.
• Operate at a computer and sit for long periods of time.
• Repeat motions that may include the wrists, hands, or fingers.

Position is sedentary with occasional light lifting.

What NET Power Offers You

• Amazing growth and learning opportunities
• Comprehensive benefits package
• 401K with company contribution
• Generous vacation policy
• Catered in-office lunches
• Be a part of changing the world

To all recruitment agencies: NET Power LLC is not responsible for any fee related to unsolicited resumes from 3rd party staffing and recruiting agencies (whether submitted through this website or sent directly to employees) unless a written agreement is in place between the agency and NET Power LLC (Company) and an authorized Company representative makes a written request to the agency to assist with this requisition. Similarly, no fee will be paid for candidates who apply and claim to be represented by an agency. Any unsolicited resumes, CVs, or other candidate information submitted by an agency will become the property of Company, and no fee will be paid in the event such candidate is hired.

#LI-DNI