Cost Analyst Jobs in Michigan

INTRODUCTION

Forvia, a sustainable mobility technology leader, pioneers technology for mobility experiences that matter to people.

Position Summary:

The role of the Financial Analyst is to provide oversight and support for the financial management of the company. The Financial Analyst is responsible to facilitate the month-end closing process and ensure proper accounting of all costs. The Financial Analyst publishes monthly reports detailing all R&D expenditures and analyzes variances to Forecast and Budget. The Financial Analyst is responsible to consolidate program financial data and prepare financial planning reports to support the Customer Business Units (CBUs) and Division Management Team as required. The Financial Analyst is responsible to prepare and publish a monthly R&D P&L and Cash Forecast, and to support construction of the annual Budget and Strategic Plan.

Responsibilities

- Ensure reliability and accuracy of Faurecia income, balance sheet and cash flow statements.
- Work closely with shared service (GBS) team to ensure compliance to Faurecia Core Procedures (FCP) and IFRS Accounting practices.
- Ensure proper coding of expenses for tracking and reporting. Create and maintain associated projects, internal orders, and cost centers within SAP.
- Prepare journal entries to support the month-end closing process ensuring the proper documentation.
- Provide monthly reporting of R&D costs and explanation of variances to Forecast and Budget.
- Support and prepare monthly R&D P&L and Cash Forecast.
- Consolidate financial data and prepare financial planning reports to support the Customer Business Units (CBUs) and Division Management Team as required.
- Support construction of annual Budget and Strategic Plan.
- Create and maintain projects, internal orders, cost centers, etc within SAP financial reporting system.
- Provides coding and validates proper accounting of all expenses.
- Prepares all supporting documentation and submits all required journal entries.
- Provide documentation for internal and external audit purposes, ensuring rigorous application of internal controls.
- Provide other ad hoc financial analysis as requested by the Management Team: Run Rate, Fluctuation, Roll Forward, etc.
- Participate in the development of action plans and ensure their financial evaluation and follow-up.
- Ensure financial awareness of CBU and Functional Teams.
- The employee is responsible for conducting their job within the ISO 9001 standards.
- Support the leadership and commitment from top management according to the Group environmental policy and Group Quality Policy.
- Commitment to the highest ethical standards and willingness to adhere to Faurecia’s Code of Ethics and Code of Management.

EDUCATION / EXPERIENCE

- Bachelor’s Degree (in Finance, Accounting, or Engineering) or equivalent work experience required.
- Ideal candidate will have a minimum 2+ years’ experience of working within a finance organization.

KNOWLEDGE/SKILLS

- Team management experience and a strong sense of teamwork.
- Results orientation with strong written and oral communications skills.
- Motivated, aggressive personality; willing to learn the skill set and seeking further opportunities.
- Ability to communicate & interact effectively at all levels of the organization, customers and suppliers.
- Understanding of the effect of key cost drivers to P&L and cash flow results.
- Ability to break down advanced concepts for effective discussion with executive leadership.
- Advanced planning and organizational skills with pro-active mind-set.
- Conflict management and negotiation skills.
- Risk management and Problem solving.
- Interpersonal presentation & communication skills (Verbal and written).

WHAT WE CAN DO FOR YOU

- At Forvia, you will find an engaging and dynamic environment where you can contribute to the development of sustainable mobility leading technologies.
- We are the seventh-largest global automotive supplier, employing more than 157,000 people in more than 40 countries which makes a lot of opportunity for career development.
- We welcome energetic and agile people who can thrive in a fast-changing environment. People who share our strong values. Team players with a collaborative mindset and a passion to deliver high standards for our clients. Lifelong learners. High performers. Globally minded people who aspire to work in a transforming industry, where excellence, speed, and quality count.
- We cultivate a learning environment, dedicating tools and resources to ensure we remain at the forefront of mobility. Our people enjoy an average of more than 22 hours of online and in-person training within FORVIA University (five campuses around the world).
- We offer a multicultural environment that values diversity and international collaboration. We believe that diversity is a strength. To create an inclusive culture where all forms of diversity create real value for the company, we have adopted gender diversity targets and inclusion action plans.
- Achieving CO2 Net Zero as a pioneer of the automotive industry is a priority: In June 2022, Forvia became the first global automotive group to be certified with the new SBTI Net-Zero Standard (the most ambitious standard of SBTi), aligned with the ambition of the 2015 Paris Agreement of limiting global warming to 1.5°C. Three principles guide our action: use less, use better and use longer, with a focus on recyclability and circular economy.

WHY JOIN US

FORVIA is an automotive technology group at the heart of smarter and more sustainable mobility. We bring together expertise in electronics, clean mobility, lighting, interiors, seating, and lifecycle solutions to drive change in the automotive industry. With a history stretching back more than a century, we are the 7th largest global automotive supplier, employing more than 157,000 people in 43 countries. You'll find our technology in around 1 out of 2 vehicles produced anywhere in the world. In June 2022, we became the 1st global automotive group to be certified with the SBTI Net-Zero Standard. We have committed to reach CO2 Net Zero by no later than 2045. As technological innovation and the need for sustainability transform the automotive industry, we are ideally positioned to deliver solutions that will enhance the lives of road-users everywhere.