Strattec Security Corporation

Financial Analyst - Product Costing & Quoting

Strattec Security Corporation  •  Auburn Hills, MI (Onsite)  •  1 month ago
Expired
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Job Description

Responsibilities

At Strattec, we’re reshaping how people experience and interact with their vehicles by making access seamless, secure, and safe. In partnership with leading OEMs, we design and deliver highly engineered solutions that create the ultimate access experience for consumers.

What sets us apart is how we work and the people who make it happen. Guided by our culture pillars, Think New, Do Together, and Own It, we collaborate across disciplines and take ownership of meaningful challenges. Our people bring new ideas to life and turn ambition into impact.

If you’re an integrator, problem solver, or forward thinker who wants to do work that matters, you’ll find the opportunity here to grow your craft and contribute to something bigger that shapes the future of the automotive industry.

Ready to help shape the future of access? Join us at Strattec.

What We Offer

Our benefits package is designed to support your wellbeing, growth, and life outside of work.

  • Competitive compensation package, including base pay, regular salary reviews, and short-term incentive opportunities

  • Comprehensive health benefits, including medical, dental, and vision coverage with eligibility starting day one

  • Paid time off for vacation, holidays, sick time, and bereavement for eligible employees

  • 401(k) retirement savings plan with company match up to 5 percent and immediate vesting

  • Company-paid life insurance coverage to support you and your beneficiaries

  • Wellness program supporting physical, emotional, and financial wellbeing, plus opportunities to volunteer and give back to your community

  • Additional local benefits may apply depending on location or facility

The Financial Analyst – Product Costing & Quoting supports the development and communication of accurate product costs to assist customer quotations for new products and engineering changes. This entry-level role assists in building cost models, labor estimates, tooling, and capital expenditures; analyzes Bills of Materials (BOMs) and manufacturing processes; and applies foundational financial skills to costing data. The Analyst works cross-functionally with Sales, Engineering, Manufacturing, Purchasing, Assembly, and other teams to support cost analysis and pricing recommendations based on historical data, market insights, and key metrics.

The ideal candidate demonstrates the ability to learn quickly, asks clarification questions and takes a sense of ownership and pride in their work.

Key Responsibilities

  • Assist in analyzing Bills of Materials (BOMs) to develop product costs, including raw materials, purchased parts, labor, overhead, tooling, and capital for new programs or engineering changes.
  • Build financial models with price/cost sensitivity
  • Calculate sell price at target gross margins
  • Prepare customer quote packages, including piece prices, tooling breakdowns, and price walks from current to future states.
  • Track program margins from launch to completion, highlighting variances from quoted targets.
  • Support development and maintenance of sales forecasts and budgets for assigned products
  • Perform additional duties as assigned

Qualifications

Required Qualifications• Four-year college degree in Business Administration, Finance, or related field.• 2-4 years of experience • Intermediate Microsoft Excel proficiency (pivot tables, basic financial modeling)• Foundational financial and analytical skills (exposure to make-vs-buy analysis).• Good communication skills for team collaboration and demonstrates a strong desire to learn and continuously improve, and responds with a clear sense of urgency when needed

Preferred Qualifications• Experience in product costing or manufacturing• Automotive industry exposure• Foreign language skills in Spanish

Strattec is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as race, religion, color, national origin, sex, and age.

Strattec Security Corporation

About Strattec Security Corporation

Strattec Security Corporation, headquartered in Milwaukee, Wisconsin, is one of the world's largest producer of automotive locks and keys. STRATTEC designs, develops, manufactures and markets mechanical locks, electronically enhanced locks and keys, and ignition lock housings; access control products, including latches, power sliding door systems, power lift gate systems, power deck lid systems, door handles and related access control products for North American and global automotive customers. STRATTEC ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full service aftermarket support. STRATTEC also supplies products for the heavy truck and recreational vehicle markets, as well as precision die castings.

STRATTEC's mission is to provide the highest value mechanical, electro-mechanical and electronic security/access control products for the global motor vehicle industry. We will do so in a manner which ensures our customers'​ total satisfaction with the products and services we supply and provides enhanced economic value to our shareholders.

Industry
Unknown
Company Size
501-1,000 employees
Headquarters
Milwaukee, WI
Year Founded
1995
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