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Procurement Financial Manager

Please apply with a CV and cover letter in English.

INEOS Automotive – Grenadier – Built On Purpose

Story so far

Since Sir Jim Ratcliffe announced Project Grenadier in 2017, our team at INEOS Automotive has grown rapidly. From a start-up to the scaled business we are now, we’ve hit some huge milestones along the way. Despite some global challenges, we brought our first vehicle, the INEOS Grenadier, from a vision to prototype and to market in just five years. And now, as the first customer deliveries of our INEOS Grenadier have begun, we look to the future with our first all-electric vehicle.

People and Culture

With around 1500 employees, 10 locations and 44 nationalities, we’re an international team working together to challenge the ordinary. We welcome people who mirror our values: Spirit of ownership, who take responsibility and make things happen. Delivering quality work, with ambition to deliver outstanding results and who have a community mindset, believing together everyone achieves more. Creativity and initiative are encouraged to support your career development.

We’re doing things differently.

If this sounds like you, let’s talk.

Your role: The Procurement Financial Manager is responsible for all finance and risk activities related to procurement. This role will also have management responsibility for Project Budget Controls, Material Cost Reporting, Asset Lifecycle Management and Material Market tracking.

Responsibilities include (but are not limited to):

  • Manage all financial activities related to pre- and post SOP Procurement of vehicle parts.
  • Create detailed budgets and forecasts in line with Procurement Controlling´s needs
  • Advise senior management on the financial and business implications to the Procurement division on market fluctuations, tooling asset management, and overall cost-reduction activities.
  • Support finance-led initiatives, and on seeking investment for Procurement-related business needs.
  • Engage with Finance to ensure the Procurement spend process pre and post SOP is in line with group expectations
  • Constantly observe the global supply market regarding changes that affects our business
  • Address raw material fluctuations with Suppliers and Commodities across the whole vehicle line up.
  • Manage the entire IAL (off site) asset management system including tracking, depreciation and transfer or scrapping.
  • Manage project cost data on NM programmes for BOM, Supplier Tooling and Development.
  • Support the Procurement team in developing and delivering the transition strategy for procurement from project to series production.
  • Monthly management of Serial vehicle cost movements and budget, reporting and feedback
  • Develop reporting and insights for Series Production piece prices, raw materials, tooling, and design & development spends

What we are looking for:

  • Ideally 7-10 years’ experience gained at either a Tier 1/2 automotive supplier or automotive OEM.
  • In-depth understanding of Financial / Accounting best practice to ensure clear interaction with INEOS Finance team.
  • Significant automotive supply chain / procurement know-how gained over a long career in automobile manufacturing and direct knowledge of automotive procurement from concept-through-industrialisation-to-operation.
  • At ease advising senior management and proven experience in building and maintaining senior relationships.
  • Demonstrable strategic procurement experience and or NPI (New Product Introduction).
  • Excellent project management skills, with a track record of delivery.
  • Ability to prioritise tasks and have effective time management and analytical skills.
  • Excellent communication and interpersonal skills.
  • Good capability with Microsoft Office software.
  • Experience with SAP is desirable, training will be available.
  • English is mandatory and German would be beneficial, but not essential.

Requirements

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