Automotive Finance Specialist

1 month ago

Wharley End, Central Bedfordshire, United Kingdom Morson Talent Full time
Job Title: Automotive - Technical Finance Officer

We are seeking a highly skilled Technical Finance Officer to join our team at Morson Talent. This is a long-term contract role with the potential to extend for several years.

About the Role:

The Technical Finance Officer will work closely with a team of Design and Project Engineers, providing critical financial analysis and support. Key responsibilities include:

  • Analyzing quotes for piece cost and vendor tooling, including commercial factors such as overheads, plant layout, and global economic conditions.
  • Managing Tier 1 suppliers through regular meetings to ensure transparency and optimised quotations.
  • Reporting to senior management on quote vs. budget, using gap analysis and graphical formats.
  • Supporting the team with engineering estimates for component costs and vendor tooling.
  • Maintaining cost databases and assisting with RFQ creation during the sourcing phase.
  • Ensuring commodity budgets are realistic and providing cost-reduction ideas.
  • Collaborating cross-functionally with departments such as R&D, Product Planning, and Market Intelligence.

In addition to these core responsibilities, there will be opportunities to engage in:

  • Supplier testing tracking (STRS) and cost/result analysis.
  • Benchmarking using A2mac1.
  • Ensuring compliance with ECE-R 21 regulations for interior fittings.
  • Managing design changes, tracking releases, and overseeing adoption plans.
  • Supporting quality and reliability improvements.
Requirements:

To be successful in this role, you will need:

  • An in-depth understanding of global automotive supply chains and cost drivers.
  • Strong knowledge of interior commodities and technologies (plastics, stampings, jigs, decoration, fabrics, etc.).
  • Experience managing costs with a Tier 1 supplier.
  • Ability to interrogate CAD files for attributes such as dimensions, volumes, and surface areas.
  • Previous experience working in a customer-facing role at a Tier 1 supplier.
  • Detail-oriented, organised, and methodical, with a fact-driven mindset.
  • Proactive in challenging suppliers when opportunities for improvement arise.
  • A team player with strong communication skills.
  • Proficient in Microsoft Office, particularly Excel and PowerPoint.
Working Hours and Pay:

This is a full-time role, working Monday to Friday, 39 hours per week. The hourly rate is £18.01.

If you are an experienced finance professional with a passion for the automotive industry, we encourage you to apply for this exciting opportunity.

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