American Axle & Manufacturing

Lead Costing Estimator

American Axle & Manufacturing • $95K — $115K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or Engineering with expertise in Costing processes.
  • 7+ years in Manufacturing, Automotive, or Aerospace industries.
  • 5+ years handling business case cost studies, preferably in Automotive.
  • Proficient in MS Excel with 7+ years of experience.

Responsibilities

  • Coordinate with cross-functional teams to develop business cases and quotes.
  • Assist Sales in preparing quotes and analyze pricing/volume scenarios.
  • Conduct cost analyses and evaluate make versus buy decisions for financial feasibility.
  • Participate in program launch team meetings to track program changes.
  • Report on financial status at program reviews with management.
  • Support plant finance in developing activity-based cost models.
  • Collaborate across regions for customer, program, and product margin analysis.
  • Contribute to departmental process improvements and initiatives.

Benefits

  • Opportunities for professional development and career advancement.
  • Collaborative and cross-functional team environment.
  • Engagement in diverse and impactful projects across industries.
  • Participation in initiatives aimed at enhancing departmental effectiveness.
Full Job Description

Job Posting Title

Lead Costing Estimator

Job Description Summary

The Leader Cost Estimating will lead and manage all financial responsibilities related to the development of Business Cases and Cost Analyses for product programs. You will work as a key member of a cross functional team, involved in activities like quoting new business, costing engineering changes, valuing make/buy scenarios, and cost reduction opportunities. The position is responsible for monitoring and reporting the financial health of new programs until the start of regular production.

Job Description:

  • Coordinate with other functions to develop a business case and quote for opportunities
  • Assist Sales team in quote preparation and run various pricing / volume scenarios as required
  • Conduct various cost analysis, make vs buy studies and evaluate cost reduction initiatives for financial feasibility
  • As part of the program launch team, participate in team meetings to remain up to date with program changes
  • Report financial status of product programs at Program reviews with the management team
  • Support plant finance develop Activity based cost models and manufacturing costs / rates
  • Work with different regions on customer, program, and product margin analysis
  • Actively contribute to departmental initiatives/process improvements to enhance the overall department’s effectiveness
  • Support ad-hoc quick cost analysis as per management request
  • All other duties as assigned

Required Skills and Education

  • BachelorsDegree in Finance / Accounting / Engineering with strong knowledge of Costing processes.
  • 7+ years of experience working in a Manufacturing / Automotive / Aerospace industry.
  • 5+ years of experience in handling business case cost studies, preferably in Automotive.
  • 7+ years of experience in MS Excel.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc. (AAM) is a leading global Tier 1 automotive supplier of driveline and metal forming technologies that are used to power a wide range of vehicles. AAM’s products are found in vehicles that drive on the road, fly through the air, and even drive under the sea. AAM’s engineering, design, and manufacturing capabilities allow it to produce products that meet the needs of its customers around the world. AAM has over 25,000 associates operating at nearly 90 facilities in 17 countries to support its customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.
Learn more about American Axle & Manufacturing
Size
18,000 employees
Market Cap
$872.8 million
Industry
Net Income
-$561.2 million
Founded
1994
5 Year Trend
+5.5%
Revenue
$4.7 billion
NASDAQ

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