Bachelor’s degree in Engineering or equivalent preferred
4-6 years of relevant automotive industry experience
Strong technical expertise in casting, stamping, and machining
Proficient in MS Office Suite; experience with ERP systems like Oracle or SAP recommended
Excellent analytical, problem-solving, and communication skills
Program Management experience preferred
Self-motivated with the ability to work independently
Willingness to travel approximately 15% to plant and supplier sites
Responsibilities
Evaluate and analyze cost changes for various products and processes
Cost Engineering Bill of Materials for new and current programs
Support Purchasing to ensure competitive sourcing and compliance with standards
Implement and maintain cost analysis with real-time quotes or valid technical data
Coordinate with Engineering, Cost Estimating, Purchasing, and suppliers
Train associates in global locations
Identify and implement cost reduction and process efficiency improvements
Organize market studies to identify trends in material costs
Benefits
Opportunity to work in a dynamic and performance-driven environment
Exposure to various manufacturing processes and technologies
Collaboration with cross-functional teams
Professional development and training opportunities
Potential for travel to diverse locations for hands-on assessments
Full Job Description
Job Posting Title
Senior Cost Estimating Analyst
Legal Entity
American Axle & Manufacturing Inc
Job Description Summary
Responsible for the preparation, coordination, and documentation of financial analysis projects such as financial and expense performance, rate of return, depreciation, working capital, and investments. Provides analysis for forward-looking financial and business-related projects. Prepares forecasts and analysis of trends in manufacturing, sales, finance, general business conditions, and other related areas. Responsible for the reconciliation of internal accounts. Identifies trends and developments in competitive environments and presents findings to senior management.
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Job Description:
Key Requirements of Position:
Responsible for evaluating and analyzing cost changes for various products/processes – castings, stampings, forgings, machining etc; and associated tooling investment(s) by reviewing technical specifications and requirements.
Responsible for costing Engineering Bill of Materials for new and current programs.
Actively support the Purchasing function to ensure market competitive sourcing and ensures bids meet the organization’s standards for price, quality and timing
Implement, maintain and update associated cost analysis with real time quotes or valid technical data (as applicable).
Coordinate with Engineering, Cost Estimating, Purchasing and the outside supply base as required.
Train additional associates in related Dauch global locations.
Identify and implement cost reduction opportunities along with process efficiency improvements.
Organize and record domestic and international market studies for various commodities to identify market trends for material costs.
All other duties as assigned.
Required Skills and Education
Bachelor’s degree in Engineering or equivalent preferred along with 4-6 years of relevant experience in an automotive industry. Knowledge of driveshaft/unibody products along with manufacturing methods/processes preferred.
Strong technical expertise in casting, stamping, machining and related categories required.
Experience in MS Office Suite required and experience with integrated ERP systems is recommended (Oracle, SAP, etc.).
Excellent analytical and problem-solving skills required.
Excellent oral and written communication skills required.
Program Management experience preferred.
Excellent interpersonal skills required (i.e., for presentations, meeting facilitation, etc.)
Self-motivated individual with the ability to work independently as required.
Willingness to travel as required to plant & supplier sites to assess the products and process systems, approximately 15%.
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.