Cost AnalystJob Number: 64998Group: Magna Mechatronics, Mirrors & LightingDivision: Magna Mirrors South CarolinaJob Type: Permanent/RegularLocation:Duncan, SOUTH CAROLINA, US, 29334Work Style:About usWe see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.Forward. For all.Group SummaryThe Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.Position SummaryResponsible for the administration of cost analyst activities including sales, piece price, launch, and engineering cost tracking. Supports customer service teams in various planning, reporting, and analytical capacities.Key Functions and Responsibilities
Has primary responsibility for development and maintenance of sales quotation financial model. Maintains records and files to serve as history for all customer quotations.
Analyzes and validates results of financial model based on inputs received for reasonableness and obtains revised assumptions from the organization as needed.
Works with manufacturing, engineering, purchasing, and sales to secure the necessary information for proper quotations and ensure quoted bill of material, design & engineering, tooling and capital costs are accurate and in compliance with customer requirements.
Monitors program financial performance from award to launch, and assists sales directors and program managers in detecting variances and initiating corrective action plans.
Ensures that accurate quoted sales price breakdown information is developed and entered in customer database systems as required.
Participate in and provide analysis for sales quotation approval meetings with Senior Management in support of customer quote approval process.
Knowledge, Skills and Abilities
Bachelor’s degree in appropriate field (e.g., accounting, finance, engineering), plus a minimum of three years’ experience in an appropriate business environment.
Demonstrated strong initiative in confronting and resolving problems.
Strong leadership and written/verbal communication skills with ability to interact with and influence all segments of the organization. Ability to clearly explain complex financial data in a manner that is easily understood by non-finance individuals.
Strong analytical skills, and ability to organize and prioritize work with minimal supervision.
Knowledge and experience preferred in cost accounting and estimating, standard machine, labor and overhead rate development, financial ratio measurements, including time value of money, conceptual knowledge of engineering design and process disciplines, design and optimization of manufacturing processes and flow process analysis.
Proficient in use of computers and computer applications, with advanced skills required related to Excel.
Working Conditions
The majority of the job is performed in a standard office environment with minimal risk or harmful elements.
Utilizing computer and/or telephone excessively.
Job requires dealing with confidential and sensitive information and situations.
Job requires handling of stressful situations.
What we offerAt Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.Site BenefitsAwareness. Unity. Empowerment.At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.