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Vehicle Pricing Cost Analysis Administrator

Date: Nov 20, 2020

Location: Irvine, California, US, 92606

Company: KIA Motors America

At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.

Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and time off starting at 14 days per year. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.

Status
Exempt
Summary

Assumes ownership of pricing data and conducts variance analysis to generate the overall P&L effect report. Utilizing specialized knowledge of cost accounting, develops and applies appropriate cost analyses to drive product pricing targets and strategies, or to provide countermeasures to secure product’s target profitability. Actively engages in cost-related communications with relevant stakeholders from the new vehicle development to its market deployment.  Aggregates pricing & profitability data and integrates them into annual & long-range business plans. 

Major Responsibilities

1st Priority - 30%

1. Maintains pricing data, monitors product’s profitability, and conducts cost analyses (Both production & sales-related costs)
2. Generates a variance analysis report, managing sales data, order status, and inventories, etc.


2nd Priority - 30%

1. Analyzes FOB & MSRP changes coming from model year change and simulate the P&L effect on the company.    
2. Analyzes trim mix and cost structure and discuss/suggest a price to secure model’s target profitability


3rd Priority - 20%

1. Engages in new vehicle development and sets vehicle profitability targets for the new model deployment.   
2. Generates S.T and L.T model profitability reports.

4th Priority - 20%

1. Supports annual & long-range business plan generations providing insight from cost analysis.
2. Provides ad-hoc reports requested from HQ.

Education/Certification
  • 4-year degree in Accounting/Finance or combination of education and equivalent experience 
  • MBA, MS in Finance or Accounting preferred 
Overall Experience
  • Minimum of 3-5 years of experience handling cost analysis and/or financial planning  and analysis
Directly Related Experience
  • 3+ years working within Finance
  • 3 years in the automotive industry/ OEM environment preferred.
Skills
Good understanding of cost accounting concepts and financial accounting
Excellent analytical & organizational skills
Advanced PC skills: MS Office (Excel, PowerPoint) and SAP
Must have excellent verbal and written communication skills
Work well independently as well as collaboratively.
Competencies
Adapting to Change
Championing Customer Needs
Communicating Effectively
Delivering High Quality Work
Entrepreneurial Thinking
Managing Resources
CHALLENGE - Solving Complex Problems
COLLABORATION - Building and Supporting Teams
CUSTOMER - Serving Customers
GLOBALITY - Showing Community and Social Responsibility
PEOPLE - Interacting with People at Different Levels

 

Equal Employment Opportunities

KMA provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex, including pregnancy and childbirth and related medical conditions, gender, gender identity, gender expression, age, legally protected physical disability or mental disability, legally protected medical condition, marital status, sexual orientation, family care or medical leave status, protected veteran or military status, genetic information or any other characteristic protected by applicable law.  KMA complies with applicable law governing non-discrimination in employment in every location in which KMA has offices.  The KMA EEO policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, discipline, termination and all other privileges, terms and conditions of employment.

 

Disclaimer:  The above information on this job description has been designed to indicate the general nature and level of work performed by employees within this classification and for this position.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles

Job Segment: Pricing, ERP, SAP, MBA, Operations, Technology, Automotive, Management