Product Cost Administrator 2

Product Cost Administrator 2 Location Remote in Auburn Hills, MI : Responsibilities: STRATTEC Security Corporation is one of the world's largest suppliers providing access and security systems to the automotive market. This drives us to be an innovative company with the latest technology. STRATTEC creates exciting opportunities to people who like to work in an environment that challenges them to be creative, deal with multiple customers and projects, and research the latest technology. You will help STRATTEC to be a pioneer by working closely with the largest automotive customers in the world along with the largest electronic partners. Let us know who you are! We want to know what motivates you and why you are the ideal candidate for our growing team. The ideal candidate will possess a team oriented attitude; have a multidiscipline background, and a passion for innovation. If you are one who like to be part of a team, has strong skillsets and likes to see your own ideas come to life, apply quickly!

The core role of the Product Cost Analyst is to ensure accurate product costs are developed and communicated to support Customer quotations of New Products and product changes.

The Product Cost Analyst is responsible for the development of costed BOM's, Labor, Tooling, and Capital Expenditures. They collaborate with a cross functional team including Sales, Engineering, Manufacturing, Purchasing and Assembly to build up an expected product cost relative to a bill of material. The PCA is responsible for building a financial model and completing financial analysis to reach a recommendation of a sell price based on history, market status, and financial metrics.

Specific duties include, but are not limited to:

• Work with a complex Bill of Materials to develop expected product costed, including raw materials, purchased parts, labor and overhead estimates, tooling and capital requirements for new business or engineering changes to current products
• Prepare and analyze detailed financial models including a price/cost sensitivity analysis, and work with Sales to develop a recommendation of sell price.
• Provide all required customer deliverables for quotes, such as customer piece price and tooling breakdowns, price walks from current to future state
• Monitor program margin to ensure it meets or exceeds established margin in the original quote from program inception until program completion
• Active participant in pricing strategies to win business
• Continually work with engineering, purchasing, manufacturing, quality, and assembly departments to identify and reduce product cost
• Prepare and maintain Sales Forecast/budget for responsible products
• Complete other assignments as received

Qualifications:

• Minimum of a Bachelor's degree. Business Administration or Finance required. Finance preferred
• Minimum of five years of related work experience, experience in automotive industry, a plus
• Strong financial/analytical skills required - Make vs. buy decisions, net present value, etc.
• Strong communication skills required - Presentations in front of executives and customers occur
• Experience with Excel required - Pivot tables, goal seek, etc.
• Manufacturing, assembly, and/or tooling knowledge preferred
• Knowledge of financial statements, financial ratios and financial project performance metrics.

STRATTEC SECURITY CORPORATION is an equal opportunity employer and practices affirmative action to recruit, hire, train, upgrade, transfer and promote persons in all job titles without regard to race, color, creed, religion, sex, age, national origin, disability or protected veteran status.