Visteon is advancing mobility through innovative technology solutions that enable a software-defined future. Our state-of-the-art product portfolio merges digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. With expertise spanning passenger vehicles, commercial transportation, and two-wheelers, Visteon partners with global automakers to create safer, cleaner, and more connected journeys. Headquartered in Van Buren Township, Michigan, Visteon operates in 17 countries, employing a global network of innovation centers and manufacturing facilities. In 2024, we recorded annual sales of approximately $3.87 billion and secured $6.1 billion in new business.
Mission of the Role: Business partner to the Commercial Lead, is to establish a partnership with our European Commercial team to meticulously oversee all financial facets of the business unit. This entails crafting comprehensive financial business cases for new business prospects, fostering effective engagement with cross-functional teams, including engineering, purchasing, and manufacturing, to articulate roadmaps aimed at cost improvement and enhanced returns throughout the product lifecycle. Ona daily basis, the role maintains program financials up to date, thereby ensuring the sustained financial health and success of the business unit.
Key Accountabilities / How You Will Spend Your Days
* Lead finance for a product line and be a business partner to the Commercial Lead
* Support and maintain program financials from acquisition to SOP
* Continuous monitoring of program financials over lifetime; challenge assumptions to optimize profitability
* Develop business cases with a strategic focus and create roadmaps to drive higher returns through the business period
* Present financials to senior management
* Support customer negotiations and pricing strategy
* Optimize the commercial margins of the current year impacts
* Analyze and provide sales and commercial margin-related reporting to the product line lead, support annual budget and forecasting activities related to sales planning
* Ensure compliance with SOX controls regarding review and reporting of long term pricing agreements (LTA) to ensure compliance with revenue recognition guidelines
* Understand customer vehicle volume, industry trends, and regulations that might impact volumes and our business outcomes. Prepare claims for recoveries if customer commitmentsare not met.
* Attend program meetings held by PM's on request and support financials
Key Performance Indicators
* Provide financials for Gate Reviews and change evaluations in time, ahead of reviews
* Support sales forecast and budget activities in adherence to given schedules
* Follow up on identified risks & opps on a regular basis
* Develop strong relationships with key cross-functional stakeholders.
Key Year One Deliverables :
* Learn Visteon, Customers, and technology. Become an effective member of the EU commercial finance team
* Understand the financial challenges of the product line and propose appropriate ideas to grow margins
* Efficiently make use of the finance tools in place
Key Behaviors
* Ownership and Accountability
* Critical Thinking
* Resilience
* Collaboration
* Result Orientation
Reporting Structure : reports to the Director of Commercial Finance Europe
Qualification, Experience, and Skills :
* 5-10 years of work experience, ideally inan automotive manufacturing environment
* Finance degree, MBA preferred
* General understanding of electronics manufacturing and quote processes
* Understanding of manufacturing overhead cost structure and financial performance key drivers
* Ability to successfully build working relationships, especially with plant teams, engineering, program managers, and program teams
* Ability to synthesize knowledge of customers and competition
* Advanced skills in active listening, problem definition, problem resolution, research, analysis, and executive briefings/reporting
Visteon Culture: If you thrive in a fast-paced, organizational culture that requires agility, adaptability, and a growth mindset from its employees to thrive and stay ahead of the curve,e Visteon is the place. We value high performance and a drive for results. Innovation, risk-taking, and continuous learning help us keep up with the ever-changing landscape of our industry and be Market leaders. At Visteon, you can be more.