Senior Engineer, Business Costing

Yanfeng; Novi (MI); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Benefits

401k Savings

Paid Holidays

PTO

Employee Assistance Program

Company Discount Program

Job summary

Yanfeng is seeking a cost planning professional in Novi to coordinate department inputs and complete the business plan for new programs in quotation stages. You will review and optimize plans, provide cost analyses, and teach new staff while upholding confidentiality and security.

The role emphasizes cross-functional collaboration across Development, Strategy, Purchasing, and Product units. The successful candidate will handle target cost schedules, capital budgeting, labor estimates, and risk

Qualifications

• Bachelor's degree in business, Finance, Accounting, Engineering, or related field.
• Master's degree preferred.
• Minimum four years in cost analysis, cost accounting, or financial analysis.
• Experience in automotive manufacturing is preferred.
• Experience analyzing product costs, manufacturing costs, budgets, and financial data.

Responsibilities

• Fully communicate with Development, Strategy, Business Unit, Product Business Unit, and Purchasing during quotation stages.
• Formulate reasonable quotation assumptions and complete the business plan on time.
• Include cost schedules, capital investment budgets, labor time, and R&D cost predictions in the plan.
• Organize internal reviews to optimize the business plan and obtain approvals.
• Track and update the business plan until the program is obtained.
• Complete annual rate development work.
• Teach new employees and summarize lessons learned.
• Manage BOS documents and ensure compliance with TS16949/OHSAS18000/ISO 14000.
• Align with company values and maintain information security and confidentiality.
• Exercise strong interpersonal, communication, and teamwork across the organization.

Skills

English communication

Chinese communication

Interpersonal skills

Analytical thinking

Organizational skills

Teamwork

Education

Bachelor's degree (business, Finance, Accounting, Engineering, Supply Chain, or related field)

Master's degree

Job description

Yanfeng is a leading global automotive supplier, focusing on interior, exterior, seating, cockpit electronics, and passive safety, and is exploring new business actively. Yanfeng has more than 240 locations and approximately 57,000 employees worldwide. The technical team of 4,200 experts is in 10 R&D centers and other regional offices, with complete capabilities including engineering and software development, styling, and test validation. Focusing on smart cabin and lightweight technology, Yanfeng supports automakers to explore future mobility and provide leading cabin solutions. For more information, please visit www.yanfeng.com.

Job Summary

Coordinate the resources and information- of each department and complete the business plan in quotation stage of new programs (phase 0 and phase 1). Organize to review and update the business plan until the project is obtained. Provide business cost analysis to support other departments of the company. Teach new employees, summarize the lessons learnt, optimize the process of this position.

Key Responsibilities

• In the quotation stage of new programs, fully communicate with the Department of Development and Strategy, Business Unit, Product Business Unit, Purchasing.


• Formulate reasonable quotation assumptions and timely complete the business plan.


• The business plan includes but is not limited to key business assumptions, product target cost schedule, capital investment budget, target labor time, BBP objectives, R & D cost prediction, opportunity and risk identification, investment return analysis, cost variance analysis, etc.


• Organize the internal review of the business plan, continuously optimize the business plan, and obtain the corresponding approval in time.


• Track and update the business plan until the program is obtained.


• Complete the work of annual rate development.


• Teach new employees, summarize the lessons learnt, optimize the process of this position.


• Undertake the management responsibility of company’s relevant BOS documents and


• TS16949/OHSAS18000/ISO 14000 standards, to ensure the effective operation of BOS documents, and constantly improve the relevant procedures and applications in BOS documents.


• Demonstrate alignment with the Company's values, culture, and leadership behaviors.


• Maintain the confidentiality of sensitive and proprietary information and comply with company information security policies.


• Conduct all business activities in accordance with company policies, applicable laws, and ethical standards.


• Exhibit strong interpersonal, communication, organizational, and teamwork skills.


• Build and maintain effective working relationships across all levels of the organization.

Required Skills and Competencies

• Excellent written and verbal communication skills in English and Chinese.


• Strong interpersonal skills with the ability to collaborate effectively across all levels of the organization.


• Strong analytical, critical thinking, and problem-solving skills.


• Results-oriented with a demonstrated ability to execute and follow through on commitments.


• Excellent organizational skills with the ability to manage multiple priorities and deadlines.


• Strong coordination and teamwork skills.

Education

• Bachelor’s degree in business, Finance, Accounting, Engineering, Supply Chain, or a related field required.


• Master's degree preferred.

Experience

• Minimum of four (4) years of experience in cost analysis, cost accounting, financial analysis, or a related field.


• Experience in the automotive manufacturing industry preferred.


• Experience analyzing product costs, manufacturing costs, budgets, and financial data to support business decision-making preferred.

Our Investment in You

• Competitive Compensation Packages


• 11 Paid Holidays


• PTO


• Medical, Dental, and Vision Benefits


• 401k Savings


• Rewarding Healthy Behavior Program


• Life and Disability Insurance


• Supplemental Health Plans


• Employee Assistance Program


• Company Discount Program