Hybrid Analyst, Financial - Associate at Cooper Standard

Job Description:

Position Summary:

The Tooling Finance Analyst is responsible for managing tooling revenues and expenses for U.S., Canada, and Mexico plant locations.

Primary Responsibilities:

• Track tooling revenues and expenses against line items on customer purchase order
• Ensure customer reimbursed tooling is billed on a timely basis
• Keep abreast of changes in customers tooling invoicing requirements and communicate those requirements to all internal parties as required
• Gain a full understanding of the Tooling invoicing process
• Obtain appropriate documentation to ensure tooling expenses are reimbursed
• Comply with and maintain Sarbanes-Oxley tooling narratives and company tooling policy
• Ensure that tooling projects are closed in a timely manner, ensure tooling projects are reconciled within the tooling register on a monthly basis
• Track and maintain tooling reserves to minimize potential exposure
• Submit monthly reports and analysis to NA Division
• Take an active role in the weekly tooling meetings with program/account management
• Look for process improvement ideas and work within team to implement those changes
• Work within Tooling group and internal departments to move tooling process to a project accounting environment with additional system tracking and automation, looking for someone willing to help move the current process forward from a timing and efficiency standpoint
• Proactively work with plant personnel, division, program/account management, engineering, FSS, logistics, and purchasing department to resolve billing and collection issues
• Investigate projects that exceed budgeted expenses to determine root cause
• Provide project data and documentation for customer tooling audits
• Responsible for month end closing of tooling accounts
• Gain a full understanding of tooling invoicing requirements.
• Work with plants to understand forecasted tooling spend and billing projections
• Assist plants with budgeting of tooling cash flows and provide analysis to team to assist with budgeting, additional reporting to be determined on a go forward basis
• Take on additional financial projects and analysis as timing allows
• May, on occasion, be required to perform duties other than those specified in this description.

 Education and Qualifications:

• Four Year college degree in Business  (Accounting/Finance preferred)
• 0-3 years Accounting experience
• Automotive preferred
• Tooling experience/knowledge very desirable
• Willingness and ability to travel, as necessary.

Work Environment/Work Conditions:

• Professional Office Environment
• Must wear proper personal protection equipment while on manufacturing floor
• Travel to manufacturing facilities or customer locations when required
• Equipment used requires proper training on the potential for and avoidance of injury 

Position Type:

Regular

Additional Locations: 

Additional Information:

Remote Status:

Hybrid Apply Now