Automotive Finance Specialist
14 hours ago
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.
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.
This role is Monday to Friday, 39 hours per week, with an hourly rate of £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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