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Financial Analyst
Financial AnalystFord Motor • Chennai, Tamil Nadu, India
Financial Analyst

Financial Analyst

Ford Motor • Chennai, Tamil Nadu, India
30+ days ago
Job description

Description

Ranger / Everest Material Cost Finance Analyst

Responsibilities

  • Finance Analysis on Ranger & Everest Programs supporting the delivery of Product Actions.
  • Support the delivery of Material Cost and Investment (Vendor Tooling) reporting for the Program;

Manage the Bill of Material (BoM)

  • Provide financial support to the Engineers and Programs Office in reviewing changes for approval and reporting risks and opportunities.
  • Complete review and analysis of proposed changes and supplier cost updates prepare approval papers and ensure robust tracking of approved cost and investment changes.
  • Support the setting up and monitoring of the financial targets and program budgets for material components and Tooling.
  • Provide financial analysis to support cross-functional analysis including Purchasing Program Finance and Engineering
  • Support idea generation and tracking for cost / investment reduction to help achieve financial targets.
  • Analysing and presenting business cases to senior management involving design and sourcing changes.
  • Support financial reporting to Senior Management regarding financial status and variance explanations.
  • Complete Bill of Material (BOM) reconciliations to confirm cost status and ensure robust financials.
  • Support workstreams and processes to deliver Control Model Vehicle and Average Market / Region Material Cost reporting including development and maintenance of feature cost walks and average Car Modelling.
  • Support the review of Market Equation inputs including scrubbing the Market Equations to ensure the costing and pricing assumptions are aligned.
  • Involvement in other related cost analysis work streams :
  • Support business decisions on vehicle content through Internal Rate of Return and profitability analysis

  • Ad hoc financial and business analysis to support program feature and content decisions.
  • Material Planning and Logistics (freight duty taxes)
  • Plant Sequencing cost analysis / tracking
  • Bailment analysis / tracking
  • Program Investment consolidation
  • Support Business Plan and Budget processes with cost input and reconciliation
  • Qualifications

  • CA / ICWA / MBA with atleast two years of relevant work experience
  • Strong verbal and written communication skills able to prepare and deliver the presentation of program financials in internal and Regional Finance reviews
  • Ability to work within a cross-functional team and across multiple countries (i.e. with purchasing engineers etc)
  • Ability to summarise detailed information and present key take-outs to non-financial Operating Partners and Senior Management including the development of appropriate supporting documentation and backups.
  • Leadership skills - a self-starter who can take the lead to drive workstreams through to closure and deliver results influencing operating and finance partners to achieve delivery.
  • Process-oriented with attention to detail comfortable analyzing and summarizing large volumes of data to identify key data and explain variances.
  • Proficient in Microsoft Excel. Intermediate / Advanced in Financial Modelling.
  • Adaptable in a fast-paced environment able to problem-solve and operate successfully in a dynamic environment with conflicting priorities.
  • Required Experience :

    IC

    Key Skills

    Cognos,Forecasting,Hyperion,Microsoft Access,Pivot tables,Accounting,Analysis Skills,Microsoft Excel,Financial Analysis,Financial Modeling,Budgeting,Financial Planning

    Employment Type : Full-Time

    Department / Functional Area : Finance

    Experience : years

    Vacancy : 1

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    Financial Analyst • Chennai, Tamil Nadu, India

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