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Senior Analyst Cost Estimating

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Job ID JREQ-213358 Date posted 11/19/2024

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 Title

Senior Analyst Cost Estimating

Job Description Summary

The Sr. Analyst 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.

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. 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 TalentAcquisition@aam.com. AAM is an equal opportunity/affirmative action employer.
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  • Effective Communicator
  • Adaptable
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  • Results Oriented
  • Growth Oriented

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Benefits

  • Icon - Physical Well Being

    Physical Well-Being

    • Annual physicals
    • Preventative Screenings and Immunizations
    • Diabetes and Hypertension
    • Prevention and Management
    • Tobacco Coaching
    • Fertility Benefits
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    Emotional Well-Being

    • Employee Assistance Program (EAP)
    • Behavioral Health Network (in-person, virtual/digital)
    • Stress Management and Mediation Programs
    • Parental Leave Policy
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    Financial Well-Being

    • Retirement Readiness
    • Debt Management
    • Financial Education and Planning
    • Lifestyle Account
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    Social Well-Being

    • Associate Appreciation Events
    • Lunch with Leaders
    • DEI Steering Committee

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At American Axle & Manufacturing (AAM), we prioritize your safety during the hiring process, and advise caution regarding fraudulent job offers. AAM will never ask for any financial information, payments, or sensitive personal details during recruitment. All official communications will be through AAM channels, and all emails will end in "@aam.com." If you receive suspicious communication or job offers, please contact us at TalentAcquisition@aam.com.