Cost Analyst

We are the movers of the world and the makers of the future. We get up every day, roll up our sleeves and build a better world -- together. At Ford, were all a part of something bigger than ourselves. Are you ready to change the way the world moves?

Product Development uses design thinking & user experience methods to deliver breakthrough products and services that delight our customers. We bring innovative, exciting, and sustainable ideas to life.We have opportunities around the world for you to contribute to advancements in autonomy, electrification, smart mobility technologies, and more!

In this position...

As a Cost Estimator for automotive electronics, you will collaborate with stakeholders in Purchasing, Product Development, Material Cost, and Finance on all part cost matters related to electrical commodities such as displays, clusters, and interface controls. Own the cost estimating and modeling processes, continuously improving accuracy and effectiveness at all product stages.

• To develop and maintain a data/knowledge pipeline for effective cost estimation of automotive products
• Create detailed cost models for electromechanical products (e.g., electrical/mechanical components, PCBAs, and wire harnesses), providing data-driven insights for critical decision-making.
• Serve as the technical advisor in should-costs and Value Analysis / Value Engineering (VAVE), identifying cost reduction strategies, and value capture opportunities.
• Communicate and present critical cost estimation strategies, sharing best practices across functional and regional teams to build long-term organization capabilities

What you'll do...

• Develop piece cost and tooling estimates for assigned commodities which requires an extensive understanding of manufacturing cost structure and supply base capability
• Support teardowns, benchmark standard methodologies, and identify material cost reduction opportunities
• Actively support strategic commodity initiatives with relevant cost analyses
• Support cost target setting, commercial pricing agreements, and change control processes for forward and current model vehicle programs by delivering accurate estimates including detailed cost gap analysis
• Ensure reasonable, physicals-based, Best-In-Class assumptions for part manufacturing of their respective commodities, and convincingly convey principles to stakeholders & partners
• Demonstrate strong understanding of differences between Activity Based Costing, volume-based costing, and Should Cost. Provide technical guidance and variance explanations between Activity Based Costing, suppliers costing methodologies, and Should Cost estimates
• Facilitate and participate on supplier plant visits, preferably with Supply Chain and STA, to support benchmarking, data gathering, training, negotiations, or other activities as needed to ensure physicals-based cost estimates, quantifiable gap analyses, and viable cost reductions
• Provide negotiation support to Supply Chain as they engage senior supplier representatives to achieve material cost reductions
• Deliver robust cost estimates and analyses in support of Program Lifecycle, Team Value Management, Benchmarking, etc., as required to drive design and commercial cost reductions
• Contribute your extensive expertise to the Cost Estimating team as we continuously refine our chosen agile framework and modern ways of working
• Earn and maintain your status as the agile and modern ways of working subject matter expert through continuous learning and application of your knowledge to solve tough, complex issues
• Be a trusted advisor to senior leaders as they continuously refine their organizations for the present and future

You'll have

• Bachelors degree required - Must possess either an Engineering undergraduate degree with 3+ years of business and/or finance experience, or an undergraduate degree in Finance/Business with 3+ years of manufacturing experience
• 3+ years of experience in automotive component manufacturing processes
• Proficiency in data management
• Demonstrated history of driving Agile transformation in a costing environment
• Exceptional communication (oral & written), facilitation, team building, conflict resolution and collaboration skills in cross-functional, diverse environments
• Experience implementing advanced Agile approaches utilizing data analytics and the use of AI to help modernize and improve efficiency
• Persuasive storytelling abilities enabling you to promote your ideas at the highest levels, gain alignment, generate excitement, and instigate momentum in complex matrixed environments
• A hyper collaborative mindset and ability to partner with teams and leaders regardless of level
• Tenacity, grit, and a persistent sense of urgency with a bias for action (even in ambiguous and fluid situations)
• A Cost Estimator/Cost Analyst should possess experience in more than one of the following:
  • Electrical/Electronics/SMT
  • Assembly Line Processes
  • Metal Casting (Al)
  • Metal Extrusion (Al)
  • Machining
  • Metal Stamping and Welded Assemblies
  • Plastic Injection Molding
  • Motors
• Experience using Estimating Software to develop Optimal Cost Estimates and Should Cost Estimates such as FACTON, Apriori, Siemens systems
• Ability to construct and analyze manufacturing costs of components by reviewing drawings, engineering specifications, and functional requirements
• Demonstrate a proven grasp of business concepts as well as quantitative and critical thinking skills
• Ability to assess cost benefit analysis of different supplier manufacturing methods
• Ability to maintain data integrity and accuracy and use data to identify and solve problems
• Strong collaboration and leadership skills
• Clear, concise, and persuasive communication skills with strong Microsoft Excel, PowerPoint, and Word capabilities
• Proactive with the ability to balance multiple tasks

Even better, you may have...

• Experience with automotive components/products with a preference towards displays, clusters, and controls
• Knowledge of GPDS timeline and Cost Estimating support provided at key milestones
• Knowledge of Global Material Cost Strategies
• Knowledge of Lean principles (value stream maps, takt time, etc.) preferred

You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply!

As an established global company, we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe, or keep you close to home? Will your career be a deep dive into what you love, or a series of new teams and new skills? Will you be a leader, a changemaker, a technical expert, a culture builderor all of the above? No matter what you choose, we offer a work life that works for you, including:

Immediate medical, dental, vision and prescription drug coverage

Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more

Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more

Vehicle discount program for employees and family members and management leases

Tuition assistance

Established and active employee resource groups

Paid time off for individual and team community service

A generous schedule of paid holidays, including the week between Christmas and New Years Day

Paid time off and the option to purchase additional vacation time.

For more information on salary and benefits, click here:

This position is a range of salary grades 6-8 .

Visa sponsorship is not available for this position.
Candidates for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status. In the United States, if you need a reasonable accommodation for the online application process due to a disability, please call ....

Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week. #LI-Hybrid #LI-PS2