Financial Analysis Sr. Specialist

Yazaki is a global leader in the research, development and delivery of vehicle power and data solutions.

 

Yazaki works with virtually every major auto manufacturer in the world, and we've strived to maintain strategic and stable growth throughout our 83-year history. Today, we're on the lookout for energetic people with the potential to perform, as well as the ability to strengthen - and thrive in - the positive work environment we pride ourselves on.


Location: Canton, MI, USA  

 

 

POSITION SUMMARY

 

Prepare BU carlines forecast/actual income statement, analyze program margins and prepare key financial reports for monthly/quarterly/yearly reviews.  Support Program Team on all aspect of carline financial issues. Support Affiliate Transfer Price function for the determination and maintenance of finished goods purchase cost (wire harnesses) for Yazaki affiliate-related products for OEM business unit.

 

 

DUTIES & RESPONSIBILITIES

 

 

Wire Harness Transfer Pricing

  • Analyze the average vehicle impact to direct profit of the new affiliate prices (semester and model year changes) and report results to program team and BU management
  • Prepare and maintain purchase cost tracking documentation for responsible business segment (s)
  • Provide finished good cost estimates as requested for proto or service spot buys, or rework/part changes
  • Coordinate with Monterrey Costing Group to ensure parts are costed in SAP in time for product receipts and shipments
  • Support month-end financial close process by providing cost values for any missing cost of sales or inventory (audit reports throughout month and at month end)
  • Support business unit requests regarding affiliate transfer price

 

Program Forecasting (with input from functional managers, Program Managers and Account Managers)

  • Prepare direct profit forecast, considering factors such as copper price and cost changes, labor rate changes, customer productivity, potential new business, value management activity and other factors impacting carline profitability
  • Prepare logistics and extraordinary expense forecast considering factors such as new program launches, balance outs, affiliate locations and historical trends
  • Prepare program direct costs, including labor and other program specific operating expenses considering factors such as anticipated drawing releases and build support (including location)
  • Prepare any forecast updates as requested by management

 

Program Support

  • Support Program Manager as member of the core program team
  • Resolve customer price related invoice discrepancies with Account Manager
  • Review program financial results compared to forecast with program team
  • Prepare and present financial information for program reviews during financial control meetings, including key monthly reports
  • Support accounts receivable in resolving customer payment discrepancies, create debit and credit memos as needed
  • Work closely with Cross Functional team (Sales/ATP/Costing/Core Planning/Program Management/Logistic) to build the financial projection
  • Analyze variances to prior financial and provide the walk analysis driving the variances
  • Drive continuous improvement within the processes
  • Drive special projects/business case to support analysis/decision-making by leadership team
  • Coordinate with other functions such as Corporate Finance, Logistics, Sales and IT in order to improve processes including recommendations for system updates and changes in business operating procedures
  • Drive and actively participate in initiatives and/or special projects to better meet business needs

 

Month/Quarter/Year End Closing

  • Provide data for assigned programs
  • Review sales prices in financial system including copper and productivity adjustments
  • Investigate and resolve purchase price and sales price discrepancies
  • Support any manual invoicing activity due to special affiliate/customer arrangement (e.g. MBE terms and conditions, etc)
  • Create program accruals and report details to management
  • Support annual audits as needed

 

Core Functions

  • Participate in benchmarking activities
  • Perform special projects as requested by management

 

MINIMUM REQUIREMENTS

 

Degree Requirements:

Bachelor’s degree in Business, Finance, Accounting or closely related field

Certification Requirements:

N/A

Previous Experience:

Minimum of 3 years in Financial Analysis with commercial/financial experience preferably in automotive supply industry preferred

Travel Requirements:

Minimal (as needed)

On Call Requirements:

N/A

Physical Requirements:

Office position – primarily sedentary.  Reasonable accommodations may be made to enable an individual with disability to perform the essential functions.

 

 

Yazaki North America is committed to providing equal employment opportunities for all persons regardless of race, color, religion, sex, age, marital status, national origin, disability, handicap, veteran status, or other legally protected status or characteristic. Equal opportunity extends to all aspects of the employment relationship. Yazaki North America complies with federal and state equal employment opportunity laws and strives to keep the workplace free from all forms of harassment.