
Material Cost Finance Analyst – Product Development
Ford Motor Company
full-time
Posted on:
Location Type: Hybrid
Location: Dearborn • Missouri • United States
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About the role
- 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.
- Collaborate with Purchasing Engineering, and Cost Estimating to drive efficient supplier sourcing decisions. Analyze supplier quotes to ensure optimal pricing and value.
- 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.
- Monitor program health against the "Idea to Implementation" (I2I) roadmap. Identify financial risks (Risks & Opportunities) early and present actionable data to leadership.
- Analyze large datasets to provide ad-hoc support for business cases, complexity reduction, and special projects. utilize data to support continuous improvement.
- Support key program initiatives including Quality, Regulatory compliance, and complexity reduction, ensuring alignment between financial goals and engineering requirements.
Requirements
- 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.
- 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.
Benefits
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysiscost developmentdata analysiscost reductionmodelinglarge data manipulationsupplier negotiationsBill of Materials (BOM) managementprogram managementcontinuous improvement
Soft Skills
analytical capabilitiescommunication skillspresentation skillsleadershipinfluencemultitaskingadaptabilityattention to detailcross-functional collaborationproblem-solving