At a Glance
- Tasks: Support financial activities, budgeting, forecasting, and performance reporting in a dynamic plant environment.
- Company: Join Dauch Corporation, a leading supplier in the automotive industry with global reach.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work culture.
- Other info: Work closely with diverse teams to enhance efficiency and improve financial processes.
- Why this job: Make a measurable impact on plant operations and drive sustainable growth.
- Qualifications: Degree in Finance or related field and 3 years of relevant experience required.
The predicted salary is between 35000 - 45000 £ per year.
- Job Posting Title
- Finance Coordinator
Job Description Summary
- Support the plant’s Financial Controlling activity, acting as a key business partner.
Contribute to budgeting, forecasting, cost control, profitability analysis and performance reporting and provide clear insights to support operational and strategic decision-making.
- Work at the heart of the plant’s operations, collaborating closely with Production, Supply Chain, Quality, Engineering, and HR to identify improvement opportunities, enhance efficiency, and support sustainable growth.
This position offers high visibility, broad responsibility and the opportunity to make a measurable impact on the success of the site.
Job Description
- Prepare and analyze monthly plant performance reports, highlighting variances against budget, forecast, and prior-year results.
- Support the budgeting and forecasting process by collecting, validating, and analyzing financial and operational data.
- Monitor manufacturing costs, including labor, material, scrap, overhead, and inventory-related expenses, and identify trends or deviations.
- Perform variance analyses to understand the drivers behind financial and operational performance and recommend corrective actions.
- Track and report key plant KPIs, including productivity, efficiency, inventory, scrap, and cost performance indicators.
- Support inventory management activities by analyzing inventory levels, inventory valuation, and stock movements to ensure financial accuracy.
- Assist with month-end closing activities, ensuring timely and accurate financial reporting in accordance with company policies.
- Partner with operational departments to improve cost transparency and support data-driven decision-making.
- Prepare ad-hoc analyses and business cases to support operational improvements, cost reduction initiatives, and investment decisions.
- Contribute to continuous improvement initiatives by identifying opportunities to enhance financial processes, reporting quality, and operational performance.
- Required Skills and Education
- Successfully completed degree in Business Administration, Finance, Accounting, Controlling, or a comparable field
- Minimum of 3 years of professional experience in Controlling, Financial Analysis, Cost Accounting, or a comparable finance role, ideally within a manufacturing or industrial environment
- Sound knowledge of budgeting, forecasting, variance analysis, and management reporting
- Strong understanding of manufacturing finance principles, including product costing, inventory valuation, and operational performance measurement
- Ability to analyze financial and operational data, identify trends, and communicate findings in a clear and structured manner
- Strong analytical and problem-solving skills combined with a detail-oriented and organized working style
- Proactive and collaborative mindset with the ability to work effectively with colleagues across Production, Supply Chain, Quality, Engineering and other functions
- Good understanding of ERP systems and financial reporting tools; experience with Oracle, HFM and/or business intelligence applications advantageous
- Advanced MS Office skills, particularly Excel, including data analysis, reporting and financial modeling
- Good English communication skills, both written and spoken
About Dauch
Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles.
The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations.
Formed through the acquisition of Dowlais Group plc and its subsidiaries - GKN Automotive and GKN Powder Metallurgy, Dauch unites deep engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move mobility forward.
Visit www. dauch. com to learn more.
Finance Coordinator employer: AAM
Dauch Corporation is an exceptional employer, offering a dynamic work environment where Finance Coordinators play a pivotal role in driving operational success within the automotive industry. With a strong focus on employee growth and collaboration across various departments, team members benefit from high visibility and the chance to make a significant impact on the plant's performance. Located in Detroit, MI, Dauch fosters a culture of innovation and continuous improvement, providing employees with the tools and support needed to thrive in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Coordinator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like AAM. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Coordinator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AAM.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on AAM's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at AAM
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AAM.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at AAM will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former AAM employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
