Account Financial Manager

Posted 8 Days Ago
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Plymouth, MI, USA
In-Office
Senior level
Automotive
The Role
The Account Financial Manager oversees financial management processes for programs, ensuring profitability, conducting business planning, and developing financial strategies in the automotive industry.
Summary Generated by Built In

JOB DESCRIPTION

  • 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/lead project finance 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 Metrix/Fiori for all new programs through Start of Production.

  • Tooling/discrete PO invoicing

Basic Qualifications:

  • A Bachelor’s Degree is required in Business, Finance, Engineering, or Program Management

  • 5-7 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

Preferred Qualifications:

  • Advanced degree such as an MBA

  • Cost estimating experience

  • Understanding of financial systems (HFM, SAP, Fiori) and processes (order to cash, billing and accounts receivable)

PRIMARY LOCATION

Central Tech Unit Plymouth MI
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The Company
HQ: Plymouth, MI
12,048 Employees
Year Founded: 2016

What We Do

Adient is a global leader in automotive seating. With approximately 77,000 employees in 32 countries, Adient operates 202 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. Our integrated, in-house skills allow us to take our products from research and design to engineering and manufacturing — and into more than 19 million vehicles every year.

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