Associate Financial Analyst - Engineering Research & Development

About the role

This is a great opportunity to gain experience supporting the Finance Controlling of Engineering, Research & Development (ER&D) spending across multiple programs. The individual works closely with Engineering, Purchasing, and Product Finance staff to manage and control all aspects of spending directly or indirectly supporting approved programs. Each analyst shares ownership with the Engineering team of the development, reporting, and tracking of budgeted, actual, and forecast spending for assigned programs. This role interacts very closely with the Engineering Operations teams as a direct business partner.

Responsibilities

• Forecast and Budget development
• Actual and Forecast reporting/variance explanations
• Direct Program/Indirect Cost Center spending and KPI tracking
• Review and Approval of spending requisitions
• Cost reduction opportunity identification
• Direct/Indirect Cost controlling and ledger deep dives
• Cost Center mapping/reporting/management
• Ad-hoc reporting/special projects as needed

What You'll Learn

• The ability to work with operational counterparts while practicing financial management (forecasts, budgets)
• Manage collaboration with engineering counterparts to optimize efficiency of ER&D spending from a cost controllership perspective
• The ability to work with large data sets and summarize (and often present) the material in a clear and concise manner to all levels of management
• Learn engineering's product development process as well as the management process throughout the vehicle lifecycle

Future Opportunities

Provides exposure to various “Industrial” areas, offering an excellent background for rotational positions in the following areas:

• Product Finance
• Purchasing Finance
• Manufacturing Finance

Requirements

• Bachelor's degree in Finance or Accounting; or related degree
• Internship or equivalent experience in Finance or Accounting
• Microsoft Office Suite application experience
• Ability to manage multiple work streams at one time
• Ability to deliver requests in a timely manner
• Outstanding communication skills

Preferred Qualifications

• Advanced Excel (Pivot Tables, Lookup)
• PowerBI/Qlik knowledge is beneficial
• Automotive industry knowledge is beneficial