Material Cost Finance Analyst – Product Development at Ford Global Career Site
Dearborn, Michigan, United States -
Full Time


Start Date

Immediate

Expiry Date

14 Apr, 26

Salary

0.0

Posted On

14 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Financial Analysis, Cost Management, Data Analytics, Supplier Negotiation, Forecasting, Communication Skills, Cross-Functional Leadership, Problem Solving, Attention to Detail, Microsoft Excel, Project Management, Cost Reduction, Strategic Sourcing, Financial Risk Management, Collaboration, Adaptability

Industry

Motor Vehicle Manufacturing

Description
In this position As a member of the Product Development Finance team, you will play a key role in shaping the financial success of our global vehicle portfolio. This is an opportunity to sit at the intersection of Finance, Engineering, and Purchasing, where your analysis directly impacts the bottom line of Ford's most iconic vehicle programs. We are seeking a strategic Material Cost Finance Analyst to manage the financial development of Powertrain, Thermal, and Cooling Systems. In this role, you will work to optimize material costs, support supplier sourcing decisions, and ensure our vehicle programs meet their profitability targets. If you want a career where you can influence the business performance of world-class vehicles, we want to hear from you. You will serve as a financial business partner to the Engineering and Purchasing organizations, ensuring that every dollar spent contributes to value and performance. Material Cost Management: Manage the cost development for key vehicle systems (Thermal, Cooling, and Powertrain subsystems). Monitor and communicate the financial status of forward model programs compared to targets. Strategic Sourcing: Collaborate with Purchasing Engineering, and Cost Estimating to drive efficient supplier sourcing decisions. Analyze supplier quotes to ensure optimal pricing and value. Cost Reduction Initiatives: Proactively identify and explore cost reduction opportunities across Material Cost, Tooling, and ED&T (Engineering, Design, & Testing). Lead projects to reduce waste and improve program margins. Financial Forecasting & Risk: Monitor program health against the "Idea to Implementation" (I2I) roadmap. Identify financial risks (Risks & Opportunities) early and present actionable data to leadership. Data Analytics: Analyze large datasets to provide ad-hoc support for business cases, complexity reduction, and special projects. utilize data to support continuous improvement. Cross-Functional Leadership: Support key program initiatives including Quality, Regulatory compliance, and complexity reduction, ensuring alignment between financial goals and engineering requirements. You'll have... Bachelor's Degree in Finance, Accounting, or Business Administration. Strong analytical capabilities with advanced proficiency in Microsoft Excel (modeling, large data manipulation). Excellent communication and presentation skills; ability to lead and influence within a cross-functional team environment. A quick learner who can multitask, pivot priorities rapidly, and handle competing deadlines effectively. Detailed-oriented analyst, comfortable navigating complex data. Even better, you may have... 3+ years of experience in Product Development Finance, Manufacturing Finance, or Cost Accounting. Experience with Purchasing processes, Supplier negotiations, or Supply Chain Finance. Knowledge of FEDEBOM (Ford Engineering Design & Release Bill of Material) or similar Bill of Materials (BOM) management systems. A strong desire to lead change and develop more efficient process alternatives You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply! As an established global company, we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe, or keep you close to home? Will your career be a deep dive into what you love, or a series of new teams and new skills? Will you be a leader, a changemaker, a technical expert, a culture builder or all of the above? No matter what you choose, we offer a work life that works for you, including: Immediate medical, dental, vision and prescription drug coverage Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more Vehicle discount program for employees and family members and management leases Tuition assistance Established and active employee resource groups Paid time off for individual and team community service A generous schedule of paid holidays, including the week between Christmas and New Year's Day Paid time off and the option to purchase additional vacation time. This position is a salary grade SG7 - SG8 For more information on salary and benefits, click here: https://fordcareers.co/GSRSP1 Visa sponsorship is not available for this position. Candidates for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status. In the United States, if you need a reasonable accommodation for the online application process due to a disability, please call 1-888-336-0660. This position is hybrid. Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week. LI-Onsite LI-DH1
Responsibilities
The Material Cost Finance Analyst will manage the financial development of Powertrain, Thermal, and Cooling Systems, optimizing material costs and supporting supplier sourcing decisions. This role involves monitoring financial status and leading cost reduction initiatives to improve program margins.
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