Material Cost Finance Analyst – Product Development

Ford Motor • Dearborn, MI

17d • Hybrid

About The Position

In this position… As a member of the Product Development Finance team, you will play a key role in shaping the financial success of our global vehicle portfolio. This is an opportunity to sit at the intersection of Finance, Engineering, and Purchasing, where your analysis directly impacts the bottom line of Ford’s most iconic vehicle programs. We are seeking a strategic Material Cost Finance Analyst to manage the financial development of Powertrain, Thermal, and Cooling Systems. In this role, you will work to optimize material costs, support supplier sourcing decisions, and ensure our vehicle programs meet their profitability targets. If you want a career where you can influence the business performance of world-class vehicles, we want to hear from you.

Requirements

• Bachelor’s Degree in Finance, Accounting, or Business Administration.
• Strong analytical capabilities with advanced proficiency in Microsoft Excel (modeling, large data manipulation).
• Excellent communication and presentation skills; ability to lead and influence within a cross-functional team environment.
• A quick learner who can multitask, pivot priorities rapidly, and handle competing deadlines effectively.
• Detailed-oriented analyst, comfortable navigating complex data.

Nice To Haves

• 3+ years of experience in Product Development Finance, Manufacturing Finance, or Cost Accounting.
• Experience with Purchasing processes, Supplier negotiations, or Supply Chain Finance.
• Knowledge of FEDEBOM (Ford Engineering Design & Release Bill of Material) or similar Bill of Materials (BOM) management systems.
• A strong desire to lead change and develop more efficient process alternatives

Responsibilities

• Material Cost Management : Manage the cost development for key vehicle systems (Thermal, Cooling, and Powertrain subsystems). Monitor and communicate the financial status of forward model programs compared to targets.
• Strategic Sourcing: Collaborate with Purchasing Engineering, and Cost Estimating to drive efficient supplier sourcing decisions. Analyze supplier quotes to ensure optimal pricing and value.
• Cost Reduction Initiatives: Proactively identify and explore cost reduction opportunities across Material Cost, Tooling, and ED&T (Engineering, Design, & Testing). Lead projects to reduce waste and improve program margins.
• Financial Forecasting & Risk: Monitor program health against the "Idea to Implementation" (I2I) roadmap. Identify financial risks (Risks & Opportunities) early and present actionable data to leadership.
• Data Analytics: Analyze large datasets to provide ad-hoc support for business cases, complexity reduction, and special projects. utilize data to support continuous improvement.
• Cross-Functional Leadership: Support key program initiatives including Quality, Regulatory compliance, and complexity reduction, ensuring alignment between financial goals and engineering requirements.

Benefits

• Immediate medical, dental, vision and prescription drug coverage
• Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
• Vehicle discount program for employees and family members and management leases
• Tuition assistance
• Established and active employee resource groups
• Paid time off for individual and team community service
• A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
• Paid time off and the option to purchase additional vacation time.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees