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.
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
$110k - $120k
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