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

Financial Coordinator

Job Description Summary

Owns the organization's accounting activities, including record keeping and reporting. Maintaining records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with Section 404 of the Sarbanes-Oxley Act. Creating reports on financial performance for internal and external use. Completing month-end, quarter-end, and year-end closing activities related to foreign exchange, cash management, and tax, including preparing the audit work papers for activities. Supporting and assisting accounting staff in the development of their professional skills.

Job Description

• Analyzing financial data, identifying trends, and providing insights to improve decision-making.
• Developing and implementing financial plans, budgets, forecasting, and cost models.
• Comparing actual costs to budgeted costs to identify discrepancies and investigate the reasons behind them.
• Examining and interpreting accounting records to understand expenses and their impact on profitability.
• Working with cross-functional teams to gather information, understand the impact of variances, and implement corrective actions.
• Identifying areas where costs can be reduced/eliminated and implementing measures to achieve those goals.
• Gather and analyze data on employee productivity, costs, and other relevant metrics to identify areas for improvement.
• Identifying and analyzing cost structures, including direct and indirect costs, to identify areas for improvement.
• Entering financial data into databases and spreadsheets, ensuring accuracy and completeness.
• Prepare and post journal entries for various transactions, ensuring they are accurate and supported by documentation.
• Ensure accuracy by reconciling required accounts with the general ledger.
• Maintain accurate and organized records of all financial transactions and documentation.
• Prepare and review monthly, quarterly, and annual financial statements.
• Ensuring compliance with financial regulations and policies.
• Create and maintain accurate capital budgets for projects and initiatives, ensuring they align with strategic goals and financial constraints.
• Evaluate proposed capital projects, including assessing feasibility, financial viability, and potential risks.
• Create and manage detailed project budgets, forecast costs, and track actual expenditures.
• Maintain accurate records of fixed asset acquisitions, transfers, and dispositions, including useful life, depreciation methods, and cost basis.
• Providing guidance, direction, and support to team members.
• Facilitating collaboration and teamwork among different departments or individuals.
• Ability to guide the team, assign tasks/responsibilities and resolve conflicts within the team.
• Monitoring progress, identifying potential issues, and taking corrective action.
• All other duties as assigned.

Required Skills and Education

• BA/BS in Accounting or Finance plus 7 years professional experience; or Advanced Degree plus 5 years professional experience.
• Prior manufacturing experience is preferred.
• Strong analytical and problem-solving abilities are essential for identifying and interpreting variances.
• Able to identify patterns, trends, and variances in financial data, and to draw meaningful conclusions and make informed recommendations.
• A solid understanding of financial concepts, budgeting, and accounting principles.
• Proficiency in using data analysis software and tools (e.g., Excel, ERP, BI, etc.).
• Communication, teamwork, leadership, adaptability, and continuous learning.
• Ability to inspire, motivate, and guide the team.
• Effectively assigning tasks and responsibilities to team members.
• Ability to address and resolve conflicts within the team.

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.