Commercial Finance Manager

TI Fluid Systems•Auburn Hills, MI

68d

About The Position

Commercial Finance Manager provides financial analysis, supports business decisions for sales and pricing, and partners with commercial teams to manage budgets, forecasts, and strategic plans. Key responsibilities include developing financial models for investments, analyzing commercial contracts, monitoring profitability, and reporting on financial performance to drive profitability. This role requires strong analytical and financial modeling skills, coupled with excellent communication to work with non-finance stakeholders.

Requirements

A Bachelor's Degree is required in Business, Finance, Business Administration or Engineering
Minimum of 5 years' experience related to financial management or project management
Strong finance skills and familiarity with business case preparation - financial metrics (IRR%, EBIT, EBITDA)
Project management skills and proven history of successful completion on independent assignments
Ability to multi-task and problem-solve in a fast-paced, changing environment
Demonstrates keen sense of priorities, inspire others with forward looking orientation
Strong organizational and interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations
Excellent oral and written communication skills
Proficient in advanced MS Excel

Nice To Haves

Manufacturing facility experience is preferred
Automotive experience is preferred

Responsibilities

Responsible for managing programs in development and current production programs to achieve and maintain the approved business case metrics
Provide sound business cases, cost analysis, margin analysis, product, and customer portfolio analysis in close cooperation with the Supply, Manufacturing and Business Development departments
Great broad skill set includes analytical, communication, strategic thinking, and technical knowledge of the products
Outstanding organization and documentation skills and high attention to analytical details
Provides leadership in communication, character, critical thinking, change mastery, conflict resolution, & coaching and teaming
Develop New Business Plans which assess IRR and EBITDA
Support Quotations to be submitted to Customers
Work with a complex bill of material to understand and cost a product, and related cost drivers
Work with a variety of manufacturing processes and related costs
Able to develop customer financial strategies, evaluate business cases, manage all aspects of the quote process and communicate effectively
Co-pilot with program management to provide financial transparency to facilitate solid decision making
Co-pilot with program management in managing risks & opportunities
Attend project team meetings
Follow-up on open financial issues until they are resolved
Perform monthly financial updates for top management (Program Reviews, Launch Readiness Review, etc.)
Understands the automotive industry, market forces, customer systems, target setting process and typical negotiating strategies
Set cost targets for suppliers, support Make vs Buy Decisions
Providing input for plants/engineering/tooling for Profit Plan/Forecast
Control development spending, and challenge the team to identify ways to reduce cost
Initiate and support product cost reduction efforts
Other duties as assigned