At AAM, the POWER is in our people. We believe that an equitable and inclusive workplace benefits everyone, and that the diversity of our Associates drives creativity and innovation. Our global team is made of dreamers, doers and innovators who are Delivering POWER for a safer, brighter and more sustainable tomorrow.
Job Posting TitleLead Cost Estimating
Job Description SummaryThe Lead Cost Estimating will lead and manage all financial responsibilities related the development of Business Cases and Cost Analyses for product programs. You will work as a key member of a cross functional team, involved in activities like quoting new business, costing engineering changes, valuing make/buy scenarios and cost reduction opportunities. The position is responsible for monitoring and reporting the financial health of new programs until start of regular production.
Job Description
Coordinate with other functions to develop a business case and quote for opportunities
Assist Sales team in quote preparation and run various pricing / volume scenarios as required
Conduct various cost analysis, make vs buy studies and evaluate cost reduction initiatives for financial feasibility
As part of the program launch team, participate in team meetings to remain up to date with program changes
Report financial status of product programs at Program reviews with the management team
Support plant finance develop Activity based cost models and manufacturing costs / rates
Work with different regions on customer, program, and product margin analysis
Actively contribute to departmental initiatives/process improvements to enhance the overall department's effectiveness
Support ad-hoc quick cost analysis as per management request
All other duties as assigned
Required Skills and Education
Bachelors Degree in Finance / Accounting / Engineering with knowledge of Costing processes
5+ years of Experience working in Automotive industry
3+ years of experience in handling business case studies preferably in Automotive
3+ years of experience in MS Excel
Preferred Skills:
Excellent communication
About AAM:
As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, we are Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit AAM.com.
Why Join #TeamAAM:
As a member of #TeamAAM, you'll get to make a difference on day one. From your first day with us, you'll have the opportunity to grow, embrace challenges, build your skills, and bring your authentic self to work every day, all while helping to shape the future of mobility for AAM...and the world.
For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail [email protected]. AAM is an equal opportunity/affirmative action employer.
AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law.
