Account Financial Manager

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.

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 price 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.

· 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 Fiori & TAM for all new programs through Start of Production.

· Tooling/discrete PO invoicing

Managing program profitability and maintaining approved business-case targets while

responding to changes in customer pricing, volumes, product content, material

costs, labor, manufacturing assumptions, tooling, capital, and program timing.

Evaluate program financial performance and determine appropriate actions or

recommendations to maintain profitability and approved business-case metrics.

· Validate product cost, pricing, profitability, ROI and financial assumptions used in

quotations, forecasts, business cases, and program reviews.

· Determine financial impacts of changes in BOM, volume, material, labor, supplier

pricing, engineering changes, tooling and other program assumptions.

· Establish and monitor program financial targets and identify gaps requiring corrective

action or recovery plans.

PRIMARY LOCATION