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Teijin Automotive Technologies

Cost Accounting & Purchasing Controls Manager

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What they do

A Purchasing Manager manages the purchasing of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.

$105,092 / year median in Michigan

+1% projected growth

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Job Description

Teijin Automotive Technologies is an innovative and full-service Tier One supplier with a global presence and emphasis in development for lightweight technologies. Teijin Automotive offers employees the opportunity to join a leading edge company within the composite material industry and enjoy the benefits offered by a growing company in North America and internationally. Key Responsibilities - Cost Accounting & Product Costing Own Bill of Material (BOM) and routing cost structures, ensuring accuracy, transparency, and auditability Lead standard cost (STD) development, maintenance, and periodic cost rolls Serve as financial lead for Engineering Change Control (ECC), quantifying cost impacts and ensuring timely updates Analyze and report material, freight, manufacturing methods, and absorption variances Drive material and freight planning and cost analysis aligned with forecast volumes Lead labor rate and overhead rate calculation processes Maintain and govern current cost set integrity across ERP systems Key Responsibilities - Purchasing Controlling Own Purchase Price Variance (PPV) analysis, tracking, and forecasting Act as financial lead for purchasing performance (direct and indirect spend) Develop and maintain material cost index dashboards Conduct deep-dive cost analysis on direct material and MRO spend Create and monitor supplier risk heatmaps Partner with Purchasing on cost reduction validation and savings tracking Outputs / Deliverables Approved standard cost files BOM-level cost transparency and roll-up visibility Cost change impact summaries Standard vs. actual variance diagnostics Change logs and assumption documentation Material yield and usage dashboards Scrap cost decomposition BOM accuracy reports Cost waterfall and index-based models Key Performance Indicators (KPIs) Frequency of standard cost updates Percentage of standards reviewed within cycle Reduction in unexplained variances Alignment of quoted vs. standard costs Usage variance reduction BOM accuracy rate Responsiveness to engineering and operations changes PPV trends and accuracy Percentage of validated vs. claimed savings Recovery lag on supplier price increases Material cost forecast accuracy Qualifications Bachelor's degree in Accounting, Finance, or related field (CPA/CMA preferred) 7-10+ years of experience in cost accounting and/or purchasing controlling Experience with ERP systems (SAP, Oracle) Strong experience with standard costing and variance analysis Automotive Tier 1 supplier experience preferred Strong analytical and cross-functional leadership skills