Job id
- 62602
- category
- finance
- location
- cuates de australia, mexico
- work type
- hybrid
as the senior material cost finance analyst, you will play a key role in leading the delivery of material cost and investment (vendor tooling) reporting for present and future programs.
Reporting directly to the material cost finance manager, this position is based at our international markets group product development centre, campbellfield. This role operates under a hybrid work arrangement, requiring four days on-site.
- manage the bill of material (bom) for electrical & power supply commodities
- provide financial support to engineers and programs office in reviewing changes for approval and reporting risks and opportunities
- complete review and analysis of proposed changes and supplier cost updates, prepare approval papers and ensure robust tracking of approved cost and investment changes
- lead the setting up and monitoring of the financial targets and program budgets for material cost and tooling. To support development of material cost targets, benchmarking and analysis of ford and competitor vehicles is required
- provide financial analysis to support cross functional analysis including purchasing, program finance and engineering
- support idea generation and tracking for cost / investment reduction to help achieve financial targets
- develop and analyze business cases for design and sourcing changes, coordinating with operating partners to ensure successful review and closure and presenting recommendations to senior management and during program special attention sessions.
- lead financial reporting to senior management regarding financial status and variance explanations
complete bill of material (bom) reconciliations to confirm cost status and ensure robust financial reporting
lead workstreams and processes to deliver control model vehicle and average market/region material cost reporting, including development and maintenance of feature cost walks and average car modelling.
Support the review of market equation inputs including scrubbing the market equations to ensure the costing and pricing assumptions are aligned.
Involvement in other related cost analysis work streams:
- support business decisions on vehicle content through tarr and profitability analysis
- ad hoc financial and business analysis to support program feature and content decisions
- material planning and logistics (freight, duty, taxes)
- sequencing cost analysis/tracking
- bailment analysis/tracking
- program investment consolidation
become material cost finance sme on benchmarking tools with view of using data to lead and influence decision making.
Partner with vhm operation leads to manage lifecycle commodity costs, taking ownership of developing and maintaining comprehensive lifecycle cost analysis for key commodities.
Lead material cost reporting for cost reduction initiatives for chassis/underbody and electrical/digital tech commodities.
*skills required*:
strong verbal and written communication skills, able to prepare and deliver the presentation of program financials in internal and regional finance reviews.
Ability to work within a cross-functional team and across multiple countries (e.g., engineering and purchasing teams).
Ability to summarise detailed information and present key take-outs to non-financial operating partners and senior management, including the development of appropriate supporting documentation and backups.
Leadership skills - a self-starter who can take the lead to drive workstreams through to closure and deliver results, influencing operating and finance partners to achieve delivery.
Process-oriented with attention to detail, comfortable analysing and summarising large volumes of data to identify key data and explain variances.
Proficient in microsoft excel. Intermediate / advanced in financial modelling.
Adaptable in a fast-paced environment, able to problem-solve and operate successfully in a dynamic environment with conflicting priorities.
Ability to adapt quickly and work autonomously in ambiguous situations.
Ca/cpa desirable/ tertiary qualification in bachelor of commerce or equivalent discipline.
*competencies and development*:
- business acumen - strong understanding of business processes and the implications of product decisions on the wider business
- quality methods - generating consistent and reliable business reports, detailing deficiencies of processes and procedures and identifying process improvements
- drive for results - meet tight deadlines, managing conflicting priorities and multiple stakeholders.
*equal opportunity*
ford australia is inclusive employer, and all qualified applicants will receive consideration for employment.
Applicants must be legally authorised to work in australia. Verification of employment eligibility will be required at the time of hire.