What are the responsibilities and job description for the Product Cost Analyst position at Strattec Security Corp.?
Responsibilities
STRATTEC Security Corporation is one of the world's largest suppliers providing access and security systems to the automotive market. This drives us to be an innovative company with the latest technology. STRATTEC creates exciting opportunities to people who like to work in an environment that challenges them to be creative, deal with multiple customers and projects, and research the latest technology. You will help STRATTEC to be a pioneer by working closely with the largest automotive customers in the world along with the largest electronic partners.
Let us know who you are! We want to know what motivates you and why you are the ideal candidate for our growing team. The ideal candidate will possess a team oriented attitude; have a multidiscipline background, and a passion for innovation.
SUMMARY
The core role of a PCA is to gather cost data from all areas to build up a cost relative to a bill of material. The PCA is responsible for building a financial model and complete an analysis to reach a recommendation of a sell price based on history, market status, and financial metrics among others.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Prepare manufacturing cost estimates and sell price quotations on future products and engineering changes for current products
- Prepare and analyze detailed business models to support leadership in developing pricing strategies and making sound business decisions.
- Provide all required customer deliverables for quotes, such as customer piece price and tooling breakdowns
- Monitor program financials established at time of original quote, from program inception until program completion, to ensure it meets or exceeds expected financials metrics
- Active participant in pricing strategies to win business
- PCA is a valuable business partner, who works with engineering, purchasing, manufacturing, quality, and assembly departments to identify and reduce product cost
- Prepare and maintain Sales Forecast/Budget for responsible products. Analyze and explain variances.
- Complete other assignments as received
Qualifications
- Minimum of a Bachelor’s degree in Business Administration or Finance required. Finance preferred
- Minimum of two years of related work experience required
- Experience with Excel required – Pivot tables, goal seek, etc.
- Strong financial/analytical skills required – Make vs. buy decisions, net present value, etc.
- Strong communication skills required – Collaborative work environment, and presentations in front of executives
- Manufacturing, assembly, and/or tooling knowledge preferred
- Knowledge of financial statements, financial ratios and financial project performance metrics
STRATTEC SECURITY CORPORATION is an equal opportunity employer and practices affirmative action to recruit, hire, train, upgrade, transfer and promote persons in all job titles without regard to race, color, creed, religion, sex, age, national origin, disability or protected veteran status.
