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
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