Senior Financial Analyst

Job Description:

Position summary

Account Financial Management Team is a Financial Business Partner for our internal customers: mainly for Business Development / Sales & Program Management departments. The Team is responsible for quoting new businesses (RFQ process), tracking financial performance of the programs in the development phase (Award->Start of Production) from all financial aspects point of view (cost of manufacturing, sales prices, CAPEX, Customer Tooling, intercompany business).   

Senior Financial Analyst in the AFM Team is working in multi sites / multi projects environment with a variety of priorities.

The person is responsible for verifying consistency and accuracy in the quoting assumptions working in close relation with other quoting team members (Program Engineering, Process Eng. Purchasing, Logistics etc.) and creating final business case. Is also responsible to supply program reporting package (Sales level, profitability, variance analysis & root cause diagnosis), as well as for roadmap (improvement plan) tracking.

Essential responsibilities, duties and authority

• Partner with Quoting Team on Business Case creation for RFQs:

- Compute production cost of operations based on provided cost factors (operation type, cycle time, headcount, scrap), material costs (full Bill of Material),

- Review, consult & constructively challenge CAPEX & Tooling investments needed, Launch & Program management costs, non-standard logistic costs, etc.:

- Generate Business Case in the global template,

- Lead the quoting team to best-costs solutions approach

- Interact with Sales, Engineering, Purchasing, Logistic and Manufacturing relative to product costing.

• Partner with program manager on product profitability (Award -> SOP):

- Analyze production cost of operations and material costs:

- Analyze profitability variance drivers (machine cycle times, headcounts, scrap rates, machine or labor hourly rates, material quantities or purchasing prices…),

- Analyze selling price developments versus customer / internal engineering change requests,

- Ensure robustness of team action plans and their financial impact calculation (roadmaps),

- Reporting for consolidation Europe/Global,

• Partner with program manager on tooling profitability & cashflow planning:

- Cost to date / to come versus maximum authorized spending,

- Invoicing / payment on time (actual + forecast),

- Tooling margins, profit management (actual + forecast),

- Tooling budget / forecast and actuals,

• Contribute to ad hoc projects.

Required knowledge/education, qualification/ability and/or experience

• Master’s degree in Finance or Industrial Engineering,
• 2-3 year experience in industrial/manufacturing environment (project management, finance / controlling, sales, business development),
• Advanced Excel (database management, pivot tables…) skills is a must,
• Business English is a must,
• SAP experience preferred.

Required soft skills

• Self-starter with the ability to work independently (self task management),
• Excellent analytical and problem-solving skills,
• Excellent communication and interpersonal skills,
• Attention to quality of performed analyses and outcome results,
• Ability to easily translate financial analyses results to non-financial coworkers,
• Ability to interact with all levels/departments throughout the company (exposure to Director’s and VP’s levels).

Work environment/ work conditions

• General office setting,
• Hybrid work model (one day per week in office) preferred, full remote work possible for candidates who are located far from our offices in Bielsko-Biala.
• Business trip during onboarding to visit Cooper Standard production plant in Europe.

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