What are the responsibilities and job description for the Financial Analyst position at American Axle & Mfg., Inc.?
At AAM, the POWER is in our people. We believe that an equitable and inclusive workplace benefits everyone, and that the diversity of our Associates drives creativity and innovation. Our global team is made of dreamers, doers and innovators who are Delivering POWER for a safer, brighter and more sustainable tomorrow.
Job Posting Title
Financial AnalystJob Description Summary
This role works closely with AAM's global procurement organization to support it's role in budget and forecast development, sourcing decisions, supplier risk analysis, Sarbanes-Oxley self-testing, automated PO price updates related to metal market index updates and verification of support required for PO updates.Job Description
Monitor AAM supplier's financial condition and provide ongoing risk assessment analysis
Assist in providing AAM manufacturing locations with forecast guidance and actual performance vs. budget direction as it relates to direct material
Assist in the development of AAM's budget as it relates to raw material productivity
Assist in providing management with scorecard on direct material procurement's financial performance vs. budget
Assist in holding procurement accountable to comply with policies and procedures as it relates to sourcing and price change management
Support sourcing decision by providing procurement with discounted cash flow comparison of potential sourcing options
Assist with periodic Sarbanes-Oxley testing requirements
Provide support related to our key projects including headwinds reporting, PPV forecasting & improved functionality within our customer/supplier metal market automation functionality
Assist Capital planning with tasks such as reviewing the new projects for appropriate support documentation, facilitating review of AR's over $250K and actual capital reporting at month end
Assist in the numerous ad-hoc reporting requests our group receives on an ongoing basis
All other duties as assigned
Required Skills and Education
Bachelor's Degree in Finance, Accounting or closely related field
1 - 3 plus years professional experience
Preferred Skills:
Good knowledge and/or experience with finance and accounting issues
Ability to work effectively with non-finance associates
Proficient with Microsoft office products - Excel and PowerPoint
Positive "can do" attitude
Seeks to understand why things are done the way they are currently done and challenges team to find ways to improve
About AAM:
As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, we are Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit AAM.com.
Why Join #TeamAAM:
As a member of #TeamAAM, you'll get to make a difference on day one. From your first day with us, you'll have the opportunity to grow, embrace challenges, build your skills, and bring your authentic self to work every day, all while helping to shape the future of mobility for AAM...and the world.
AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail TalentAcquisition@aam.com. AAM is an equal opportunity/affirmative action employer.
Salary : $250,000
