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This position is responsible for:
Validate commercial and technical savings ideas through business casesCollaborate with the cross functional team of 4 to size and ideate potential savings opportunitiesBuild supplier fact pack and negotiation strategies to drive direct material savingsEnsure adherence to savings governance, documentation standards, and approval requirementsMonitor progress to internal VCP targets and communicate status to leadership
This position is responsible for:
Validate commercial and technical savings ideas through business casesCollaborate with the cross functional team of 4 to size and ideate potential savings opportunitiesBuild supplier fact pack and negotiation strategies to drive direct material savingsEnsure adherence to savings governance, documentation standards, and approval requirementsMonitor progress to internal VCP targets and communicate status to leadership
S
Stellantis
Finance Coordinator VCP
Career Insights for Financial Analyst (General)
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Scorecard
Based on Michigan data
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What they do
A Financial Analyst evaluates investment opportunities and makes recommendations to individuals and businesses. Analyzes the performance of different types of investments, studies business and economic trends and analyzes data to project company earnings
$87,659 / year median in Michigan
-6% projected decline
Job Description
What You'll Do:
The Value Creation Program (VCP) Finance Coordinator will be responsible for supporting the direct material cost (DMC) workstream. The focus of the workstream is to reduce the DMC for current production vehicles/parts within the VCP.This position is very collaborative with other functions. The finance coordinator will be 1 out of a 4-person team (Team of 4) comprised of a Buyer, Engineer, Cost Engineer, and Finance Coordinator. In addition to validating ideas and building business cases, the VCP coordinator will provide financial support and backup to building negotiations fact packs and strategies.This position is responsible for:
Validate commercial and technical savings ideas through business casesCollaborate with the cross functional team of 4 to size and ideate potential savings opportunitiesBuild supplier fact pack and negotiation strategies to drive direct material savingsEnsure adherence to savings governance, documentation standards, and approval requirementsMonitor progress to internal VCP targets and communicate status to leadership
What You'll Learn:
Use of "should cost" and other tools to understand and contest supplier quotesTools to negotiate with suppliersMake/Buy studies, Inbound transport cost, Transformation costImpact of take rates and vehicle volume/mix on Annual Purchase ValueFinancial reporting for purchasing (flow through, carryover, incremental)What This Role Will Prepare You For:
Future roles in Purchasing Finance/Ops, Value Optimization/Engineering, Product Cost Standard (PCS), Total production cost (TPC), Vehicle Cost Coordination, Vehicle Cost EngineeringExposure toSenior Finance and Operations Leadership Basic Qualifications:
Bachelor's degree in Finance, Economics or AccountingMinimum 5 years of experience in Purchasing Finance, Product Finance, Vehicle Cost Engineering, Plant Cost Analyst, or a comparable analytical roleProven ability to develop, validate, and defend financial business casesStrong analytical capability, including interpretation of complex data across multiple systemsHigh attention to detail with a strong focus on data accuracy, governance, and process disciplineProficiency in MS Office (emphasis on Excel)Demonstrated ability to work effectively in a cross-functional, matrixed team environmentPreferred Qualifications:
Master's degree in Finance, Economics, Business Administration or AccountingExperience in automotive and/or manufacturing environmentsSolid understanding of commercial and technical savings concepts and cost-reduction methodologiesAbility to handle multiple tasks in a fast paced environment and develop creative approaches to problem solvingWhat You'll Do:
The Value Creation Program (VCP) Finance Coordinator will be responsible for supporting the direct material cost (DMC) workstream. The focus of the workstream is to reduce the DMC for current production vehicles/parts within the VCP.This position is very collaborative with other functions. The finance coordinator will be 1 out of a 4-person team (Team of 4) comprised of a Buyer, Engineer, Cost Engineer, and Finance Coordinator. In addition to validating ideas and building business cases, the VCP coordinator will provide financial support and backup to building negotiations fact packs and strategies.This position is responsible for:
Validate commercial and technical savings ideas through business casesCollaborate with the cross functional team of 4 to size and ideate potential savings opportunitiesBuild supplier fact pack and negotiation strategies to drive direct material savingsEnsure adherence to savings governance, documentation standards, and approval requirementsMonitor progress to internal VCP targets and communicate status to leadership