Ford Motor Company · 8 hours ago
Material Cost Finance Analyst – Product Development
Dearborn, MI
Full-time
Hybrid
Mid Level
3+ years expFord Motor Company is seeking a strategic Material Cost Finance Analyst to join their Product Development Finance team. This role involves managing financial development for Powertrain, Thermal, and Cooling Systems, optimizing material costs, supporting supplier sourcing decisions, and ensuring vehicle programs meet profitability targets.
AutomotiveAutonomous VehiclesManufacturingTransportation
No H1B
Responsibilities
You will serve as a financial business partner to the Engineering and Purchasing organizations, ensuring that every dollar spent contributes to value and performance
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
Qualification
Required
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
Preferred
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
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.
Company
Ford Motor Company
We don't just make history -- we make the future.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$16.23BKey Investors
US Department of EnergySoros Fund Management
2025-07-29Post Ipo Debt· $3B
2023-08-17Post Ipo Debt· $4B
2023-06-22Debt Financing· $9.2B
Leadership Team
James Farley
Chief Executive Officer
Efrat Barit
COO
Recent News
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