Corporate Finance Specialist
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Job Location:
Detroit, MI - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Summit Polymers is a leading Tier 1 Automotive Supplier of automotive interior systems. As a world-class automotive supplier of injection molded interior trim we specialize in the engineering manufacturing and assembly of feature based registers consoles and trim panels.
Job Description
JOB TITLE: Specialist Corporate Finance
Summary
This is a key position responsible for developing new product quotations to secure new business for the company. It requires the ability to quickly learn and gain a solid understanding of the companys products and customer requirements particularly in the application of cost and pricing variables. The role involves working extensively with data utilizing standardized templates performing thorough analyses and reviewing customer documentation to create comprehensive quote packages.
The position requires close coordination and communication with program managers chief engineers sales manufacturing accounting and customers to ensure that product quotes accurately reflect the latest customer-requested modifications and engineering updates. Responsibilities include recommending pricing by applying standard rates to manufacturing processes and materials forming the basis for customer quotations.
Strong mathematical Excel organizational and communication skills are essential. Some direct customer interaction is also required.
Key Responsibilities
- Develop cost estimates for new product quotations engineering changes and customer RFQs based on design material process tooling labor and overhead inputs.
- Collaborate with cross-functional teams (engineering purchasing manufacturing sales) to gather necessary data and assumptions.
- Analyze customer specifications BOMs and drawings to determine cost drivers and feasibility.
- Utilize costing software and internal systems to prepare detailed cost breakdowns.
- Support pricing strategy development by analyzing competitive benchmarks and customer targets.
- Evaluate supplier quotes and raw material pricing for accuracy and alignment with estimates.
- Monitor cost variances between estimated and actual costs providing feedback to improve future quote accuracy.
- Assist in cost reduction initiatives and value engineering analysis.
- Ensure compliance with company financial practices and customer contractual requirements.
Qualifications
- Bachelors degree in Engineering Finance Business or a related field.
- Solid understanding of manufacturing processes.
- Proficiency with Excel
- Excellent analytical organizational and communication skills.
- Ability to manage multiple projects in a fast-paced deadline-driven environment
Preferred qualifications
- Experience with quoting to major OEMs (e.g. Ford GM Stellantis Nissan etc).
- 3 years of experience in cost estimating pricing or financial analysis in the automotive industry preferably with a Tier 1 supplier.
- CMS SAP or ERP system preferred.
Skills And Abilities
Possesses the ability to gather and analyze information and make decisions from a limited number of choices.
Travel Requirements
This position typically does not require any travel.
Benefits
- 401(k) matching
- Paid time off
- Employee discount
- Vision insurance
- Dental insurance
- Employee assistance program
- Volunteer time off
Key Skills
- Cobol
- Financial Services
- Financial Concepts
- Accounting
- Banking
- Cloud Computing
- Securities Law
- Middleware
- Financial Analysis
- CPT Coding
- Epic
- Financial Management
