Job Description
JOB DESCRIPTION
Core Overview:
- The Account Financial Manager is responsible for managing programs in development and current production programs to achieve and maintain the approved business case metrics of profitability and return on investment.
- Great broad skill set includes analytical, communication, strategic thinking, and technical knowledge of the products.
- Outstanding organization and documentation skills and high attention to analytical details.
- Provides leadership in communication, character, critical thinking, change mastery, conflict resolution, & coaching and teaming.
- Responsibility for Business Planning, Product Costing, Product Pricing, on financial issues.
Additional Responsibilities:
- Develop New Business Plans which assess Return on Investment.
- Support Quotations to be submitted to Customers.
- Work with a complex bill of material to understand and cost a product, and related cost drivers.
- Work with a variety of manufacturing processes and related costs.
- Able to develop customer financial strategies, evaluate business cases, manage all aspects of the quote process and communicate effectively.
- Attend project team meetings.
- Follow-up on open financial issues until they are resolved.
- Perform monthly financial updates for top management (Program Reviews, Launch Readiness Review, etc.)
- Understands the automotive industry, market forces, customer systems, target setting process and typical negotiating strategies.
- Set cost targets for suppliers, support Make vs Buy Decisions.
- Providing input for plants/engineering/tooling for Profit Plan/Forecast.
- Control development spending, and challenge the team to identify ways to reduce cost.
- Initiate and support product cost reduction efforts
- Ensure/maintain JIT Financial model for all new programs through Start of Production.
- Tooling invoicing and lead the invoicing process as it relates to a specific customer and their requirements
Basic Qualifications:
- A Bachelor's Degree is required in Business, Finance, Engineering, or Program Management
- Minimum of 5 years' experience related to financial management or project management
- Automotive experience is required
- Strong finance skills and familiarity with business case preparation - financial metrics (ROS%, IRR%, ROA %)
- Strong organizational and communication skills (both written and verbal)
- Proficient in advanced MS Excel
- Basic background in Hyperion is a plus, and understanding processes (order to cash, billing and accounts receivable)
PRIMARY LOCATION
Central Tech Unit Plymouth MI
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Date Posted
06/27/2023
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Subjectivity Score: 0.8
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