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Account Finance Manager

DIRECT Staffing Solutions

Job Description

Job Description

This will be a hybrid schedule after the initial training period, 3 days in Novi and 2 days remote

The successful Account Financial Manager (AFM) will ensure sound financial decisions and drive financial improvement in the pre-production and post-production phases of our business. This includes responsibility for Business Planning, Product Costing, Product Pricing, Profit Enhancement and Customer Interface on financial issues.

 

Responsibilities:

·      Manage multiple programs throughout the launch and production phase.

·      Interface with Customer: submitting quotes, negotiating pricing, explain product costs to our customer's Financial Analysts, attend cross-functional customer meetings and meet deadlines as provided by the customer.

·      Develop New Business Plans which assess Return on Investment, Return on Sales, EBITA and internal cost strategy.

·      Work with project teams to develop, track and implement plans to improve profitability.

·      Develop competitive pricing strategies with full understanding of internal costs and impacts.

·      Work with a complex bill of material to understand and product and plant cost structures.

·      Work with a variety of manufacturing processes and related costs.

·      Attend cross functional project team meetings, meet deliverables as assigned by project team.

·      Track, communicate and follow-up on open financial issues until they are resolved.

·      Perform monthly financial updates for top management.

·      Track program spending, provide Plant Controllers with monthly forecast

·      Support annual budget preparations for pre-production and production business case information

·      Review, track and communicate all pricing changes from the customer to the plant locations

·      Meet or exceed key financial measures.

·      Ad hoc analysis as requested internally or externally.

·      Initiate product cost reduction efforts.

 

Key Must Have’s:

·      Business or Finance Degree HIGHLY preferred A Technical education such as Engineering or Project Management will also be considered.– years of experience can out weight a degree.

·      An advanced Degree (MBA) and/or Professional Accreditation (CPA or CMA) is preferred.

·      Automotive industry experience a must.

o   A minimum of five (5) years +/- of experience related to Financial Management or Project Management in a Manufacturing environment. Experience in the automotive business is mandatory

o   Commodity Instrument Panels, Floor consoles or Interior trim

o   They will consider any commodity – so long as it is COMPLEX in manufacturing nature

§  For example, an interior Door handle pull would be simple, but an instrument panel is complex in nature of how it gets manufactured.

·      Must have strong communication skill set and excellent customer interfacing skills.

·      Must have strong finance background.

·      Strong Excel, Very strong analytical skill set.

·      Understand manufacturing plans and be able to interface with the plants.

o   Be able to understand a variety of manufacturing processes. (in order to come up with accurate quotes.)

·      From a quote standpoint, be able to do ground up costing right thru to sending quotes to customer.

·      Handle customer negotiations.

o   Work well with other teams and multiple teams to achieve profitability on programs, Engineering, Program Management, and Purchasing, international team experience a plus but not mandatory.

·      Being respectful while challenging their counterparts on program profitability.

·      This person must be very financially minded first and foremost, then juggling or program managing the financial of various programs.

·      Be able to hold firm on financial decisions made to ensure it benefits the company.

·      Financial oversight on OEM automotive programs.

·      Understand complex BOMs.

·      Ability to communicate effectively to Customers, non-financial stakeholders and executive leadership.

·      Ford OEM experience a HUGE plus.

    • They will be working on a Ford program
    • GM or Toyota program experience a plus also.
\nCompany Description

Great company to start and grow your career with, excellent growth opportunities

Company Description

Great company to start and grow your career with, excellent growth opportunities

Vacancy posted 22 days ago
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