Senior Product Cost Analyst
Listed on 2026-06-26
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Business
Financial Analyst -
Finance & Banking
Financial Analyst
Senior Product Cost Analyst 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.
Key Responsibilities- Develop labor and overhead rates while partnering cross‑functionally to educate teams on product cost structure.
- Apply financial expertise to costing data and communicate cost drivers, assumptions, and implications organization‑wide.
- Analyze complex Bills of Materials (BOMs) to develop accurate product costs, including raw materials, purchased parts, labor, overhead, tooling, and capital for new programs and engineering changes.
- Build and analyze financial models incorporating price/cost sensitivity analysis.
- Serve as a valued business partner to Sales and Product Line Managers, contributing to pricing strategies that secure new business.
- Deliver comprehensive customer quote packages, including piece prices, tooling breakdowns, and price walks from current to future states.
- Track program margins from launch to completion, ensuring alignment with quote targets.
- Partner with Engineering, Purchasing, Manufacturing, Quality, Assembly, and other departments to explain product costs, identify savings opportunities, and drive cost reductions.
- Develop and maintain sales forecasts and budgets for assigned products.
- Perform additional duties as assigned.
Required Qualifications
- Four‑year college technical degree in Finance, Business Administration, or related field.
- 6‑10 years of experience in product costing in manufacturing.
- Advanced Microsoft Excel proficiency (financial modeling, pivot tables, index‑match).
- Strong financial and analytical skills (e.g., make‑vs‑buy analysis, net present value).
- Strong communication skills, including executive presentations.
- Proven interpersonal and teamwork abilities.
- Experience in product costing in the automotive industry.
- Foreign language skills in Spanish.
- 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 well‑being, plus opportunities to volunteer and give back to your community.
- Additional local benefits may apply depending on location or facility.
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.
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