What are the responsibilities and job description for the Financial Cost Modeling Analyst position at Gentherm?
Your Career. Your Impact. Your Future.
At Gentherm, we believe the next big breakthrough begins with you. As a global leader in thermal management and pneumatic comfort technologies, we develop advanced systems that deliver meaningful solutions to enhance health, wellness, comfort, and efficiency in everyday life. Our products and innovations are created for you, by you.
Be part of our team where a human-centric mindset drives everything we do—from the technologies we build to the careers we support. With decades of expertise, we have pioneered advanced solutions that have become a standard expectation for consumers around the world.
The same thoughtful approach we take in developing our technologies guides how we support your career: purposeful, impactful, and tailored to you. Because when you thrive, innovation thrives.
Financial Cost Modeling Analyst
The Financial Cost Modeling Analyst plays a critical role in driving profitable growth by developing and maintaining robust cost models that support pricing, quoting, forecasting, and strategic business decisions. By translating complex cost data into actionable insights, this role helps ensure business opportunities are evaluated using accurate, data-driven assumptions and realistic profitability expectations. Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and enhances organizational understanding of cost performance. This position offers the opportunity to influence key business decisions, improve financial outcomes, and serve as a trusted advisor in shaping the company's long-term profitability and competitive success
Essential Functions And Responsibilities
TRAVEL: ~1-2 times per year max
Physical Demands/Work Environment (us)
While performing the duties of this job, the employee is regularly required to talk or hear. The employee is occasionally required to stand; walk; sit; and use hands. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Gentherm is an Equal Opportunity Employer. We are committed to building an inclusive culture through Our Network of Engagement (ONE) where we value our differences and work together to positively impact the lives of our employees, customers, and communities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, genetic information, sexual orientation, gender identity, disability, or protected veteran status.
At Gentherm, we believe the next big breakthrough begins with you. As a global leader in thermal management and pneumatic comfort technologies, we develop advanced systems that deliver meaningful solutions to enhance health, wellness, comfort, and efficiency in everyday life. Our products and innovations are created for you, by you.
Be part of our team where a human-centric mindset drives everything we do—from the technologies we build to the careers we support. With decades of expertise, we have pioneered advanced solutions that have become a standard expectation for consumers around the world.
The same thoughtful approach we take in developing our technologies guides how we support your career: purposeful, impactful, and tailored to you. Because when you thrive, innovation thrives.
Financial Cost Modeling Analyst
The Financial Cost Modeling Analyst plays a critical role in driving profitable growth by developing and maintaining robust cost models that support pricing, quoting, forecasting, and strategic business decisions. By translating complex cost data into actionable insights, this role helps ensure business opportunities are evaluated using accurate, data-driven assumptions and realistic profitability expectations. Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and enhances organizational understanding of cost performance. This position offers the opportunity to influence key business decisions, improve financial outcomes, and serve as a trusted advisor in shaping the company's long-term profitability and competitive success
Essential Functions And Responsibilities
- Develop, maintain, and enhance cost models to support pricing, quoting, forecasting, and strategic business decisions across product lines and customer programs. Serve as the primary product costing partner for assigned business units and cross-functional teams, providing financial analysis and cost guidance throughout the product lifecycle.
- Prepare and analyze RFQ business cases, including product launches, engineering changes, and customer quote revisions, ensuring accurate profitability assessments and timely completion of deliverables.
- Analyze cost structures, key cost drivers, and profitability metrics to identify risks, opportunities, and recommendations for cost optimization and margin improvement.
- Prepare customer cost breakdowns, pricing analyses, and financial support for customer negotiations, including evaluation of price changes, upfront payments, rebates, and commercial proposals.
- Track, monitor, and report cost assumptions, cost improvements, and program profitability to support informed decision-making and business performance objectives.
- Partner with Finance, Commercial, Purchasing, Engineering, and Operations teams to validate cost data, develop quoting methodologies, and ensure alignment on financial assumptions.
- Support budgeting, forecasting, rate development, and continuous improvement initiatives aimed at improving costing accuracy, reporting efficiency, and overall financial performance.
- Maintain, optimize, and continuously improve the organization's global product costing and calculation systems, methodologies, and databases to enhance efficiency and reporting capabilities.
- Maintain accurate costing documentation, assumptions, and historical cost data to support future quoting activities and business decisions.
- The information is not intended to be an all-inclusive list of the duties and responsibilities of the job, nor are they intended to be an all-inclusive list of the skills and abilities required to do the job. Duties and responsibilities may change at any time.
- Bachelor’s Degree in Business, Engineering or closely related field.
- 1-3 years business related or Finance related experience
- 3 years of position related experience
- Automotive industry experience
- Engineering or Financial background
TRAVEL: ~1-2 times per year max
Physical Demands/Work Environment (us)
While performing the duties of this job, the employee is regularly required to talk or hear. The employee is occasionally required to stand; walk; sit; and use hands. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Gentherm is an Equal Opportunity Employer. We are committed to building an inclusive culture through Our Network of Engagement (ONE) where we value our differences and work together to positively impact the lives of our employees, customers, and communities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, genetic information, sexual orientation, gender identity, disability, or protected veteran status.