Regional Commercial Finance Director | Automotive MNC | Shah Alam

Company overview

Our client is a global automotive technology leader that manufactures automotive seating and automotive electrical systems for consumers around the world. Their diverse team of talented employees around the world is driven by a commitment to innovation, operational excellence, and sustainability.

The new role

1. Lead the commercial finance team to work closely with cross-functional teams including Customer Focus Group sales, operation, purchasing, engineering, research & development, and plant finance team to develop the business case for all new business quotes.
2. Review the overall program's cost development and ensure it is done properly according to actual or solid estimates through input from purchasing or benchmark data.
3. Work with the operation team to craft the most cost-effective manufacturing strategy as per multiple factors – JV relationship, manufacturing footprint, volume, VI (vertical component) content, etc.
4. Proactively participate in discussions with the commercial team on quoting language to ensure all key assumptions are properly reflected in the quote letter and the company is not exposed to major risks.
5. Maintain close communication with the operation and plant finance team to understand the labor and overhead cost structure.
6. Deploy the “should be” cost model for various commodities, working with purchasing to continuously improve the key assumptions of the models including rates, processes, raw material index, etc.
7. Work closely with the program management team for program financial and profitability improvement, Management Gateway Review financial update, Engineering Change Note quote/financial, etc.
8. Communicate with the sales leader for pricing strategy and get commercial finance/sales leads approval for all Advance Program Review/quotations.
9. Support management decisions by providing strategic analysis.
10. Continuously improve the team’s organizational capability and develop a “knowledge base” for functional excellence.

Requirements to succeed

1. Bachelor’s degree with a major in engineering, accounting, or finance. MBA or CMA is a plus.
2. More than 10 years of related working experience in MNC, top 500 US/European companies is a plus. Auto industry background is preferred.
3. Strong analytical skills with 5 years or more working experience in Costing and Program financial focus roles.
4. Ability to combine tech knowledge with manufacturing knowledge and finance knowledge.

Rewards gained

The opportunity to be part of a fast-growing Group which is a leader in its field of industry and offers excellent career progression opportunities locally as well as globally. The Group understands the importance of workplace values and culture where they strongly encourage employees to develop their strengths and recognize their achievements accordingly.

To Apply

If you’re interested in this role, click ‘apply now’ to submit your resume (in MS Word format) to View email address on click.appcast.io. Due to overwhelming responses, we will only be able to contact shortlisted candidates.

Job Ref:20221316/116

Consultant: James Choong

Registration No: 201901037350 (1346680-W)

EA Licence No: JTKSM 949A

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