Jobs · Finance · Michigan

Lead Cost Estimating Analyst

Dauch · Detroit, MI · 2 wk ago
FinanceFull-time

Work within the Procurement group and serve as liaison between Procurement Category Management and the rest of the organization with a goal of estimating business cases in a timely and accurate fashion. Contemplate the different price structure factors at play: design changes, volume, capacity, economics, etc.

Responsibilities

  • Act as the key resource within Procurement to understand the changes and complexities of large-scale automotive programs, analyze how these changes can affect every component within a BOM of purchased components, and communicate the needs of the customer or the organization to Procurement Category Management to ensure supplier costs are accurate, reasonable, and justifiable.
  • Serve as the liaison between Procurement Category Management and Finance to drive cost efficiency and coordination for creating multiple business cases.
  • Create, compile, and present procurement pricing related to new sourcing opportunities and design changes.
  • Layout price drivers for components in scenarios such as: design changes, volume fluctuation studies, new business, etc.
  • Represent the Procurement organization in cross-functional team meetings to ensure all deliverables are provided to properly cost components accurately and efficiently.
  • Provide reporting to the management team on cost drivers related to new business opportunities and major cost changes to support financial decision making.
  • Gather requirements in support of category management, help facilitate the process, and act as an escalation point to both Procurement and the Cost Request system team, where needed.
  • Provide various data analysis such as volume change comparison, BOM changes, supply base overview.
  • Make recommendations to leadership from a customer standpoint by aggregating the voice of the internal customer.
  • Understand and break down product technical requirements (weight, specs, material, prints, etc.) to support preliminary cost creation and multi-functional team committee cost estimation.
  • Analyze the impact of production volume, tooling, lead-time, and ED&T when costing Engineering Bill of Materials for new and current programs using Manufacturing Plans and Cost Models.
  • Evaluate and analyze cost changes for various products/processes – castings, stampings, forgings, machining, etc.; and associated tooling investments by reviewing technical specifications and requirements.
  • Coordinate within the Procurement organization to answer multiple Cost Requests processed simultaneously (prioritize based on timing and business criticality, perform data manual input in the system).
  • Follow-up with various departments to ensure Cost Request answers are accurate and on-time.
  • Organize and record supply base pricing to leverage internal knowledge for future competitiveness in potential business costing.
  • All other duties as assigned.

Requirements

  • BA/BS plus 7 years professional experience; or Advanced Degree plus 5 years professional experience; or Industry Experience of plus 10 years in Manufacturing Engineering or equivalent.
  • Knowledge of automotive powertrain products along with manufacturing methods/processes preferred.
  • Strong technical expertise in casting, stamping, machining, and/or related categories required.
  • Excellent analytical and problem-solving skills.
  • Excellent oral and written communication skills.
  • Manufacturing experience preferred.
  • Self-motivated individual with the ability to work independently as required.
  • Good understanding of financial indicators and metrics supporting decision making: GP, NPV, Payback, IRR, EBITDA, etc.
  • Willingness to travel as required to plant & supplier sites to assess products and manufacturing process systems, approximately 5%.

Skills

  • Knowledge of manufacturing processes for various categories: castings, forgings, machining, stampings, etc.
  • Proficiency in understanding engineering drawings and specifications.
  • Proficiency in analyzing and challenging supplier quotes and cost breakdowns.
  • Proficiency in defining cost drivers in any manufacturing process.

About the Company

Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations. Formed through the acquisition of Dowlais Group plc and its subsidiaries - GKN Automotive and GKN Powder Metallurgy, Dauch unites deep engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move mobility forward.

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