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Financial Analyst

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AAM - American Axle & Manufacturing

1mo ago

  • Job
    Full-time
    Junior & Mid Level
  • Accounting & Tax
    Banking & Finance
  • Detroit
  • Quick Apply

AI generated summary

  • You need a Bachelor's in Finance/Accounting, 1-3 years' experience, strong finance knowledge, Excel/PowerPoint skills, a positive attitude, and a drive for process improvement.
  • You will monitor supplier finances, assist with budget development, provide procurement analysis, support capital planning, and handle ad-hoc reporting while ensuring compliance and risk assessment.

Requirements

  • Bachelor's Degree in Finance, Accounting or closely related field
  • 1 - 3 plus years professional experience
  • Good knowledge and/or experience with finance and accounting issues
  • Ability to work effectively with non-finance associates
  • Proficient with Microsoft office products - Excel and PowerPoint
  • Positive “can do” attitude
  • Seeks to understand why things are done the way they are currently done and challenges team to find ways to improve

Responsibilities

  • Monitor AAM supplier’s financial condition and provide ongoing risk assessment analysis
  • Assist in providing AAM manufacturing locations with forecast guidance and actual performance vs. budget direction as it relates to direct material
  • Assist in the development of AAM’s budget as it relates to raw material productivity
  • Assist in providing management with scorecard on direct material procurement’s financial performance vs. budget
  • Assist in holding procurement accountable to comply with policies and procedures as it relates to sourcing and price change management
  • Support sourcing decision by providing procurement with discounted cash flow comparison of potential sourcing options
  • Assist with periodic Sarbanes-Oxley testing requirements
  • Provide support related to our key projects including headwinds reporting, PPV forecasting & improved functionality within our customer/supplier metal market automation functionality
  • Assist Capital planning with tasks such as reviewing the new projects for appropriate support documentation, facilitating review of AR’s over $250K and actual capital reporting at month end
  • Assist in the numerous ad-hoc reporting requests our group receives on an ongoing basis
  • All other duties as assigned

FAQs

What is the role of a Financial Analyst at AAM?

The Financial Analyst works closely with AAM's global procurement organization to support budget and forecast development, sourcing decisions, supplier risk analysis, and various other financial tasks related to procurement and capital planning.

What qualifications are required for the Financial Analyst position?

A Bachelor’s Degree in Finance, Accounting, or a closely related field is required, along with 1 to 3 years of professional experience.

What skills are preferred for this role?

Preferred skills include a good knowledge and/or experience with finance and accounting issues, the ability to work effectively with non-finance associates, proficiency in Microsoft Office products (especially Excel and PowerPoint), a positive “can do” attitude, and a willingness to seek improvements in processes.

Will I be involved in Sarbanes-Oxley testing?

Yes, the Financial Analyst will assist with periodic Sarbanes-Oxley testing requirements as part of their responsibilities.

What types of reports will I be responsible for?

You will assist with a scorecard on direct material procurement’s financial performance, provide support related to headwinds reporting, PPV forecasting, and also manage various ad-hoc reporting requests.

Is there an opportunity for career growth in this position?

Yes, as a member of #TeamAAM, you will have opportunities to grow, embrace challenges, and build your skills while working in a dynamic environment.

Does AAM support diversity and inclusivity in the workplace?

Yes, AAM is committed to fostering an equitable and inclusive workplace, believing that the diversity of Associates drives creativity and innovation.

Where is AAM headquartered?

AAM is headquartered in Detroit, Michigan.

What is the company’s approach to equal opportunity employment?

AAM will not discriminate against any Associate or applicant for employment based on various characteristics and will take affirmative action to ensure equal treatment during employment.

How can I request accommodations if I have a disability?

Qualified disabled individuals can request reasonable accommodations by emailing TalentAcquisition@aam.com.

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AAM - American Axle & Manufacturing

We are AAM. We are Bringing The Future Faster.

Automotive
Industry
10,001+
Employees
1994
Founded Year

Mission & Purpose

As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 85 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow.