Cost Analyst, Electronics & Power Electronics

About the position Cost Analyst, Electronics & Power Electronics We made history and now we work to transform the future – for our customers, our communities and our families. You'll see your work on the road every day, helping people move freely and pursue their dreams. At Ford, you can build more than vehicles. Come build what matters. What you'll do... Develop piece cost and tooling estimates for assigned commodities which requires an extensive understanding of manufacturing cost structure and supply base capability. Support cost target setting, commercial pricing agreements, and change control processes for forward and current model vehicle programs by delivering accurate estimates including detailed cost gap analysis. Support vehicle teardowns, benchmark standard methodologies, and identify material cost reduction opportunities. Actively support strategic commodity initiatives with relevant cost analyses Develop and deliver executive level presentations to senior leadership in support of the cost analysis being performed in a clear, concise, and convincing manner. Ensure reasonable, physical-based, Best-In-Class assumptions for part manufacturing of their respective commodities and convincingly convey principles to stakeholders & partners. Demonstrate strong understanding of differences between Activity Based Costing, volume-based costing, and “Should Cost”. Provide technical guidance and variance explanations between ABC, suppliers’ costing methodologies, and “Should Cost” estimates. Facilitate and participate on supplier plant visits, preferably with Supply Chain and STA, to support benchmarking, data gathering, training, negotiations, or other activities as needed to ensure physical-based cost estimates, quantifiable gap analyses, and viable cost reductions. Provide negotiation support to Supply Chain as they engage senior supplier representatives to achieve material cost reductions. Deliver robust cost estimates and analyses in support of Program Lifecycle, TVM, Benchmarking, etc., as required to drive design and commercial cost reductions. Support 4+ day onsite requirement with occasional travel to both Ford and Supplier facilities

Responsibilities

• Develop piece cost and tooling estimates for assigned commodities which requires an extensive understanding of manufacturing cost structure and supply base capability.
• Support cost target setting, commercial pricing agreements, and change control processes for forward and current model vehicle programs by delivering accurate estimates including detailed cost gap analysis.
• Support vehicle teardowns, benchmark standard methodologies, and identify material cost reduction opportunities.
• Actively support strategic commodity initiatives with relevant cost analyses
• Develop and deliver executive level presentations to senior leadership in support of the cost analysis being performed in a clear, concise, and convincing manner.
• Ensure reasonable, physical-based, Best-In-Class assumptions for part manufacturing of their respective commodities and convincingly convey principles to stakeholders & partners.
• Demonstrate strong understanding of differences between Activity Based Costing, volume-based costing, and “Should Cost”.
• Provide technical guidance and variance explanations between ABC, suppliers’ costing methodologies, and “Should Cost” estimates.
• Facilitate and participate on supplier plant visits, preferably with Supply Chain and STA, to support benchmarking, data gathering, training, negotiations, or other activities as needed to ensure physical-based cost estimates, quantifiable gap analyses, and viable cost reductions.
• Provide negotiation support to Supply Chain as they engage senior supplier representatives to achieve material cost reductions.
• Deliver robust cost estimates and analyses in support of Program Lifecycle, TVM, Benchmarking, etc., as required to drive design and commercial cost reductions.
• Support 4+ day onsite requirement with occasional travel to both Ford and Supplier facilities

Requirements

• Bachelor’s degree required in related field (Engineering, Business, Finance, etc)
• 5+ years of business and/or finance experience with 3+ years of manufacturing experience
• 3+ years of experience in automotive component manufacturing processes
• A Cost Estimator/Cost Analyst should possess experience in more than one of the following: Electrical/Electronics/SMT Metal Casting: Ferrous, AL, Mg Machining Plastic Injection Molding & Plastic Finishing Stamping & Welded Assemblies
• Demonstrated history of driving agile transformation in a costing environment.
• Exceptional communication (oral & written), facilitation, team building, conflict resolution and collaboration skills in cross-functional, diverse environments
• Experience implementing advanced agile approaches utilizing data analytics and the use of AI to help modernize and improve efficiency
• Persuasive storytelling abilities with the ability to instigate momentum in complex matrixed environments.
• A hyper collaborative mindset and ability to partner with teams and leaders regardless of level.
• Experience using Estimating Software to develop Optimal and Should Cost Estimates
• Ability to construct and analyze manufacturing costs of components by reviewing drawings, engineering specifications, and functional requirements.
• Ability to assess cost benefit analysis of different supplier manufacturing methods.
• Ability to maintain data integrity and accuracy and use data to identify and solve problems

Nice-to-haves

• Bachelor of Science Engineering
• Knowledge of GPDS timeline and Cost Estimating support provided at key milestones
• Knowledge of Global Material Cost Strategies
• Knowledge of Lean principles
• You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply!

Benefits

• Immediate medical, dental, vision and prescription drug coverage
• Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
• Vehicle discount program for employees and family members and management leases
• Tuition assistance
• Established and active employee resource groups
• Paid time off for individual and team community service
• A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
• Paid time off and the option to purchase additional vacation time.

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