Costing Analyst

Adient; Plymouth (MI); On-site; USD 65,000 - 90,000; Full time

Job summary

Adient in Plymouth, MI is seeking a Costing Analyst to develop and manage accurate product costs across multiple programs and customers. You will collaborate with Operations, Engineering, Purchasing and Sales to source data for new opportunities and quote changes to existing portfolios.

You will deliver cost estimates, review BOM and manufacturing assumptions, and present solid business cases. The role requires 1–3 years in automotive finance/ops and strong Excel/PowerPoint skills.

Qualifications

• Bachelor's degree in finance related field.
• 1-3 years’ experience in finance, operations / manufacturing in Automotive Industry.
• Strong computer skills with Excel, Outlook and PowerPoint.
• Self-motivated and eager to learn.
• Interest in understanding both financial and technical operations and manufacturing.
• Demonstrated experience as a value-added team member.
• Excellent problem-solving and analytical skills with strong attention to detail.
• Ability to work cross-functionally across the organization.
• Occasional travel required.

Responsibilities

• Develop cost quotations for new business opportunities and present full business cases.
• Support organization with cost estimates for existing proposals and track costs.
• Communicate risks and opportunities with each quote.
• Review BOM and manufacturing assumptions for reasonableness.
• Work with operations to understand investment requirements during quoting.
• Defend cost assumptions to the organization.
• Develop conversion rates for manufacturing.
• Analyze cost variance and financial metrics.
• Support purchasing with supplier information for sourcing/negotiation.
• Contribute to cost department initiatives and process improvements.
• Work on special projects (make vs buy, footprint moves, etc.).

Skills

Excel

Outlook

PowerPoint

Analytical skills

Cross-functional collaboration

Problem-solving

Education

Bachelor's degree in finance or related field

Tools

Excel

Outlook

PowerPoint

Job description

The Costing Analyst will develop and manage accurate product costs for multiple programs /customers, while supporting business initiatives and special projects. Analyst will collaborate with Operations, Engineering, Purchasing and Sales teams for data to generate cost for new business opportunities and quoting changes to existing product portfolio.

Core Responsibilities

• Develop cost quotations for new business opportunities and present full business cases to the organization
• Support organization with cost estimates for existing business change proposals and track program cost throughout the lifecycle
• Communicate risks/opportunities with each quote
• Review complex bill of materials for reasonableness
• Review manufacturing assumptions for reasonableness
• Work with operations team to understand investment requirements during the quoting process
• Effectively communicate and defend cost assumptions to the organization
• Develop conversion rates for manufacturing
• Analyze cost variance and financial metrics
• Support purchasing with information for supplier sourcing and negotiation
• Actively contribute to departmental initiatives/process improvements to enhance the overall department’s effectiveness
• Work on special projects as needed (make vs buy analysis, footprint moves etc..)

Basic Qualifications

• Bachelor's degree in finance related field
• 1-3 years’ experience in finance, operations / manufacturing, engineering in the Automotive Industry
• Strong computer skills, i.e., Excel, Outlook, and PowerPoint
• Self-motivated and eager to learn
• Interest in understanding both the financial and technical side of operations and manufacturing
• Demonstrated experience as a value-added team member
• Excellent problem-solving and analytical skills and strong attention to detail
• Ability to work cross-functionally across the organization
• Occasional travel required

PRIMARY LOCATION

Central Tech Unit Plymouth MI