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Senior Financial Analyst - Product Costing & Quoting

Strattec Security Corp.
Posted a month ago, valid for 15 days
Location

Auburn Hills, MI 48321, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Senior Financial Analyst – Product Costing & Quoting plays a crucial role in developing and communicating product costs to support customer quotations.
  • Candidates should possess a four-year college degree in Business Administration, Finance, or a related field, along with 4-10 years of experience in product costing within manufacturing.
  • The role requires advanced proficiency in Microsoft Excel and strong financial and analytical skills, as well as effective communication abilities.
  • The position involves collaborating with various departments to analyze costs and recommend pricing strategies based on financial models and market data.
  • Salary details are not provided, but the role emphasizes the need for a profit-driven mindset and the ability to navigate complex business situations.

Responsibilities

Job SummaryThe Senior Financial Analyst – Product Costing & Quoting is a valued business partner with strong business acumen who develops and communicates accurate product costs to support customer quotations for new products and engineering changes. This role builds cost models, labor estimates, tooling, and capital expenditures; analyzes complex BOMs and manufacturing processes; and applies financial expertise to costing data. The analyst collaborates cross-functionally with Sales, Engineering, Manufacturing, Purchasing, Assembly, and other teams—explaining costs organization-wide and recommending sell prices via financial models based on history, market data, competitive strategies, and key metrics.An ideal candidate demonstrates the ability to quickly understand, analyze, and navigate complex business situations to achieve positive, profit-driven outcomes.

 

Key Responsibilities• Analyze complex Bills of Materials (BOMs) to develop product costs, including raw materials, purchased parts, labor, overhead, tooling, and capital for new programs or engineering changes• Build and analyze financial models with price/cost sensitivity• Valued business partner to Sales and Product Line Managers, contribute to pricing strategies that secure new business• Deliver customer quote packages, including piece prices, tooling breakdowns, and price walks from current to future states• Track program margins from launch to completion, ensuring alignment with quote targets• Partner with Engineering, Purchasing, Manufacturing, Quality, Assembly, and other departments to explain product costs, identify savings, and drive cost reductions• Develop and maintain sales forecasts and budgets for assigned products• Perform additional duties as assigned

 

 

Qualifications

Required Qualifications• Four-year college technical degree in Business Administration, Finance, or related field.• 4-10 years of experience in product costing in manufacturing• Advanced Microsoft Excel proficiency (financial modeling, pivot tables, index-match).• Strong financial and analytical skills (e.g., make-vs-buy analysis, net present value)• Strong communication skills, including executive presentations• Proven interpersonal and teamwork abilities

 

Preferred Qualifications• Experience in product costing in automotive industry• Foreign language skills in Spanish

 

STRATTEC SECURITY CORPORATION is an equal opportunity employer and practices affirmative action to recruit, hire, train, upgrade, transfer and promote persons in all job titles without regard to race, color, creed, religion, sex, age, national origin, disability or protected veteran status.




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