KEY ACCOUNTABILITIES:

• Develop department budgets for all expense categories at each budget event (1x/quarter + 1x annual multi-year budget), including overtime, and other expense categories. Include perspectives from all categories including production, quality, engineering, maintenance, safety, environmental, etc. to ensure complete and accurate budget.
• Monitor department actual spending compared to budget. Develop timely, accurate reporting to provide department leadership a thorough understanding of gaps between budget and actual spend.
• Prepare monthly business plan reports for department, division, and plant level. Include gap analysis for budget v. actual spend for individual accounts and action items to path forward countermeasure gaps. Correlate with other groups within the department, budget controller, and manpower controller to understand actual conditions and effectively implement countermeasures.
• Lead the monthly inventory process. Ensure that the value of physical counted material matches the Accounting documented value of materials.
• Develop and lead strategies to improve the department’s cost efficiency.
• Support new model and other groups within and outside the department to understand impact of potential changes to the budget, including production volume, model mix, new materials, production characteristic changes, etc.

QUALIFICATIONS, EXPERIENCE, AND SKILLS:

• B.S. Engineering, Accounting, Finance, or equivalent relevant experience
• 2+ years based on education
• Advanced Excel skills
• Understanding of manufacturing department
• Understanding of logistics as it affects in-house use of materials
• Attention to detail

The Integrated Power Unit (IPU) Department Cost Lead is responsible for all aspects of department cost to ensure that accurate budgets are developed, and that actual spend meets budgeted amounts.