Account Financial Manager II

Job Summary

The role of the Account Financial Manager (AFM) is to facilitate profitable financial decisions and drive financial improvement in the pre-production and production phases of our business. This includes responsibility for Business Planning, Product Costing, Product Pricing, and Customer Interface on financial issues. The Account Financial Manager will act as the CFO of the program.

Essential functions of the job

• Develop New Business Plans which assess Return on Investment
• Develop Quotations for submission to Customers
• Work with a complex BOM to understand and cost a product
• Maintain costed BOM and cash flows for launch programs
• Manage tooling and engineering cost and recovery
• Update and maintain pricing/Purchase Orders with customers
• Understand a variety of manufacturing processes and related costs
• Develop competitive pricing strategies
• Develop proformas for new manufacturing facilities
• Resolution of open commercial issues
• Perform monthly financial updates for top management
• Support and provide data for internal financial forecasting activities
• Successfully Negotiate pricing with Customers
• Establish cost targets for suppliers
• Champion achievement of financial commitments
• Champion product cost reduction efforts
• Capital Appropriation Request preparation and submission

Required education:

• Four-year college degree in Business or Finance; a technical education, such as, engineering or program management will also be considered.
• Advanced degree such as an MBA or professional accreditation (CPA, CMA) is preferred.

Required experience:

• Minimum of 5 years’ experience related to financial management or project management in a manufacturing environment is preferred.
• Proven teamwork skills
• Negotiation (information gathering, analysis, strategies, tactics)
• Financial understanding of product cost (labor, burden, material, SG&A, profit)
• Automotive experience is preferred.