Principal Finance Analyst

2 weeks ago


Detroit, Michigan, United States American Axle & Manufacturing Full time
Join Our Team as a Senior Commercial Analyst

At American Axle & Manufacturing, we recognize that our strength lies in our people. We are committed to fostering an equitable and inclusive workplace that enhances creativity and innovation through the diversity of our workforce.

As part of our global team, you will be among dreamers, doers, and innovators who are dedicated to shaping a safer, brighter, and more sustainable future. As a member of #TeamAAM, you will have the opportunity to make a meaningful impact from day one.

Position Overview

We are seeking a Senior Commercial Analyst to join our Finance group within the Metal Forming division. This role is pivotal in monitoring and reporting the financial health of new programs until they transition to regular production.

Key Responsibilities
  • Lead and oversee all financial aspects related to the development of Business Cases and Cost Analyses for product initiatives.
  • Collaborate with cross-functional teams to create business cases and quotes for potential opportunities.
  • Review bills of materials and manufacturing assumptions for accuracy and feasibility.
  • Assist the Sales team in preparing quotes and conducting various pricing and volume scenarios as required.
  • Prepare comprehensive cost analyses for any changes in program design, sourcing, or process modifications.
  • Conduct make vs buy evaluations and assess cost reduction initiatives for financial viability.
  • Participate in weekly launch team meetings to stay informed about program updates.
  • Report on the financial status of product programs during Program reviews with management.
  • Support plant finance in developing cost models and manufacturing cost rates.
  • Engage with different regions on customer, program, and product margin analyses.
  • Collaborate with the capital planning team in the budgeting and forecasting processes.
  • Contribute actively to departmental initiatives and process improvements to enhance overall efficiency.
  • Provide ad-hoc cost analyses as requested by management.
Qualifications

The ideal candidate will possess:

  • A Bachelor's degree in Finance or a related field.
  • 8+ years of experience in Finance, including at least 4 years in a Finance Controller role and a minimum of 2 years in Cost Accounting.
  • Experience in cash flow analysis and financial valuation modeling.
  • Familiarity with Activity-Based Costing (ABC).
  • Proficient Excel skills at an advanced level.

At American Axle & Manufacturing, we are dedicated to building an inclusive culture that values the unique contributions of our diverse workforce. Join us in our mission to drive innovation and excellence in the automotive industry.


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