Account Financial Manager

JOB DESCRIPTION

Core Responsibilities:

• 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:

• The AFM will 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 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

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