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Acquisition Controller

Date:  05-Jun-2021
Country/Region:  US
City:  AUBURN HILLS HQ R&D
Contract Type:  Unlimited
Requisition ID:  16751

Overall responsibilities and duties:

 

The role of an Acquisition Controller is to manage the financial aspects of a program in acquisition mode in order to provide a robust, detailed business plan that will allow the executive team to understand the financial implications of being awarded the targeted business being evaluated, while also Controlling the spending against the budget established for the Acquisition.

 

The main missions of the role are:

 

  • Guarantee the accuracy of the Business Plan Financials according to the Group, Business Group and Division policies, including compliance with relevant accounting and tax rules.
  • Implement and train Acquisition teams on procedures that ensure proper control of the Acquisition process.
  • Support the Acquisition Manager in the management of the dedicated Acquisition team.
  • Work closely with the technical costing team to validate the material cost assumptions in the CBOM.
  • Validate the economic justification of program investments.
  • Drive make vs buy analysis as deemed necessary in an Acquisition activity.
  • Participate in the development of action plans and ensure their financial evaluation and follow-up
  • Complete all PMS requirements for Gate 1 handover to Program Controller.
  • Be the Administrator of the ACA spending control process. Provide timely and accurate reporting, monitor spending vs approved ACA budget, close WBS for spending when in over-spend situation, etc.
  • Support the development of Target Program bplans for use in the Strategic Plan.
  • Coordinate assumptions and cost basis with other controllers on site and around the world.
  • Challenge the costs for D&D/Proto spending, Core team, Capital Spending, Tooling Spending, etc., that are provided for the scope of the Acquisition. Ensure logical cash timing accuracy in the quote.
  • Identify and analyze the variances between initial and subsequent business plans during the quote.
  • Propose and support suggestions for improving the profitability of the offer, while maintaining adherence to policies.
  • Act as a strong, data-based arbitrator between the demands of the Sales, Operations, Engineering, and Purchasing departments.

 

Qualifications:

 

Minimum education level:  Bachelor’s degree in Accounting, Finance or related field.

 

Experience:

 

  • 5-10 years professional experience
  • Plant Controlling preferred
  • Team Management

 

Skills & Competencies:

 

  • Strong communication
  • Teamwork
  • Commitment to the highest ethical standards and willingness to adhere to Faurecia’s Code of Ethics and Code of Management
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