Deputy Manager - Program Material Cost Finance

Deputy Manager - Program Material Cost Finance

Responsibilities

Material Cost Analysis & Benchmarking

• Conduct internal and external material cost benchmarking against competitor vehicles to identify cost gaps, root causes, and improvement opportunities.
• Analyze component and system-level cost structures to support strategic sourcing and product cost competitiveness.

Cost Optimization

• Partner with Engineering, Purchasing, and Program teams to identify, evaluate, and implement cost reduction opportunities.
• Track and monitor cost-saving initiatives and provide visibility into realized and projected savings.

Cost Management & Governance

• Manage, control, and reconcile vehicle Bills of Materials (BOMs) across Ranger and Everest programs, ensuring cost accuracy across all vehicle variants and trim levels.
• Maintain cost integrity and support governance processes throughout the product development lifecycle.

Budgeting & Investment Support

• Support the development, tracking, and auditing of program material cost and vendor tooling budgets.
• Monitor capital investment performance and ensure spending aligns with approved business objectives.

Change Management & Business Case Evaluation

• Assess proposed engineering design changes, supplier price updates, and cost reduction initiatives for financial impact.
• Prepare business cases, approval documentation, and decision-support materials for stakeholders.
• Track risks, opportunities, and potential cost impacts through established governance processes.

Financial Analysis & Reporting

• Review and validate cost assumptions, supplier agreements, and engineering estimates to ensure alignment across functions.
• Develop and maintain feature cost evolution analysis and vehicle cost reporting to track cost changes across markets and model years.
• Conduct profitability analysis, including Internal Rate of Return (IRR), return on investment, and net savings evaluations.
• Support annual business planning, forecasting, budgeting, and financial reconciliation activities.

Stakeholder Management

• Present cost analysis, recommendations, and financial insights to program leaders and senior management.
• Collaborate effectively with cross-functional teams to support cost-related decision-making.

Required Qualifications

• MBA in Finance, CMA, CA
• 5+ years of experience in finance, product costing, automotive cost management, manufacturing finance, or related fields.
• Strong analytical and financial modeling skills.
• Experience working with Bills of Materials (BOMs), product costing, budgeting, and financial analysis.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Strong communication and stakeholder management skills.
• Ability to work effectively in a cross-functional environment.

Preferred Qualifications

• Experience within the automotive industry.
• Knowledge of vehicle component costing and supplier pricing structures.
• Familiarity with profitability analysis, business case development, and investment evaluation techniques.
• Experience supporting vehicle development programs or manufacturing operations.

Experience Level