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Financial Engineer Jobs in Michigan (NOW HIRING)

Experience interfacing with technical organizations (R&D, Engineering, Programs). * Strong mastery of financial consolidation, variance analysis, and reporting. * Ability to ensure traceability ...

In coordination with the engineering teams, develop management reports to provide timely, relevant ... Strong financial and business acumen and comprehension of financial and accounting principles and ...

Sr. Financial Analyst

Muskegon, MI ยท On-site

$90K - $100K/yr

We are looking for a Senior Financial Analyst to support manufacturing finance activities in ... The position works closely with operations, engineering, supply chain, and leadership teams to ...

... passion for financial markets and technology, the early roots of Squirl started out as an ... We are looking for a part-time Software Engineer who will assist us with the design, development ...

We work with our customers to develop their project and see it through, from process engineering to ... SUMMARY OF POSITION The Project Financial Analyst provides financial analysis and decision support ...

We work with our customers to develop their project and see it through, from process engineering to ... SUMMARY OF POSITION The Project Financial Analyst provides financial analysis and decision support ...

Showing results 41-60

Financial Engineer information

See Michigan salary details

$66.2K

$96.6K

$118.5K

How much do financial engineer jobs pay per year?

As of Sep 5, 2026, the average yearly pay for financial engineer in Michigan is $96,583.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $108,500.00 per year, depending on experience, location, and employer.

What is a financial engineer?

A financial engineer, also called a computational engineer, advises clients on investment strategies and risk management based on quantitative analysis of their portfolio and the atmosphere in the stock market. As a financial engineer, your job duties include analyzing the stock market to predict how stocks will perform, building models of trends in the stock market based on market history, and make recommendations on how to manage their portfolio.

What is a financial engineer?

A Financial Engineer is a professional who applies mathematical techniques, computational tools, and financial theory to solve complex problems in finance. They are often involved in designing financial products, developing risk management strategies, and building quantitative models for pricing, trading, and portfolio management. Financial Engineers typically work for banks, investment firms, or financial technology companies, and their expertise is essential for managing financial risks and innovating new financial instruments.

What skills should a financial engineer have?

To thrive as a Financial Engineer, you need a strong background in mathematics, statistics, finance, and programming, typically supported by a degree in quantitative fields such as finance, mathematics, engineering, or computer science. Familiarity with technical tools like Python, R, MATLAB, financial modeling software, and sometimes certifications like CFA or FRM is highly valued. Exceptional problem-solving, analytical thinking, and the ability to communicate complex concepts clearly are vital soft skills. These skills and qualifications are crucial for designing innovative financial models, managing risks, and enabling data-driven decision-making in complex financial environments.

What are some common challenges financial engineers face when developing quantitative models, and how can they address them?

Financial Engineers often encounter challenges such as ensuring model accuracy, dealing with incomplete or noisy data, and adapting models to rapidly changing market conditions. Addressing these issues typically requires strong collaboration with data scientists, risk managers, and traders to validate assumptions and stress-test models under various scenarios. Staying current with industry trends and regulatory requirements also helps Financial Engineers maintain robust, compliant solutions that add value to their organizations.

What is the difference between Financial Engineer vs Quantitative Analyst?

AspectFinancial EngineerQuantitative Analyst
Required CredentialsDegree in finance, mathematics, or engineering; often CFA or FRM certificationsDegree in finance, mathematics, or statistics; often CFA or FRM certifications
Work EnvironmentFinancial institutions, hedge funds, investment banksAsset management firms, hedge funds, investment banks
Job FocusDeveloping complex financial models, derivatives pricing, risk managementData analysis, model development, trading strategies
Common UsageDesigning financial products and strategiesAnalyzing data to inform trading decisions

Financial Engineers and Quantitative Analysts share similar educational backgrounds and certifications, often working in similar environments like investment banks and hedge funds. While Financial Engineers focus on creating complex financial models and derivatives, Quantitative Analysts primarily analyze data to support trading strategies. Both roles require strong quantitative skills and contribute to financial innovation and risk management.

Do financial engineers make a lot of money?

Financial engineers often earn high salaries due to their specialized skills in quantitative analysis, modeling, and programming. Compensation varies based on experience, location, and industry, but many financial engineers have the potential to earn six-figure incomes or more, especially with advanced degrees and certifications like the CFA or FRM.

How much do financial engineers make?

Financial engineers in general earn a median annual salary of around $100,000 to $130,000, with experienced professionals and those working in major financial centers earning higher. Salaries can vary based on experience, education, certifications like CFA or FRM, and the complexity of financial models used. Entry-level positions typically start lower, while senior roles can exceed $200,000 annually.

What are the most commonly searched types of Financial Engineer jobs in Michigan?

The most popular types of Financial Engineer jobs in Michigan are:

What are popular job titles related to Financial Engineer jobs in Michigan?

For Financial Engineer jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Financial Engineer jobs?

Cities in Michigan with the most Financial Engineer job openings:

Infographic showing various Financial Engineer job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 14% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $96,583 per year, or $46.4 per hour.

Financial Analyst (Cost Analyst)

A-Line Staffing Solutions

Auburn Hills, MI โ€ข On-site

$43.77/hr

Full-time

Posted 11 days ago


Job description

Financial Analyst (Cost Analyst) - Purchasing Finance / Cost Reduction

Location: Auburn Hills, MI 48326 (Onsite)
Schedule: Monday-Friday, 8:00 AM-5:00 PM (flexible as needed)
Pay: $43.77/hr

Summary

Now hiring a Financial Analyst to support a high-impact cost reduction and value creation initiative tied to direct material spend. This Financial Analyst role is ideal for someone with purchasing finance, manufacturing finance, product finance, FP&A, or cost analysis experience who can build clear business cases, validate savings, and partner with cross-functional teams to drive measurable results. If you're a detail-driven analyst who loves Excel, data accuracy, and real-world financial problem solving, this Financial Analyst opportunity offers strong visibility and hands-on decision support.

Responsibilities

  • Build, validate, and defend financial business cases supporting cost reduction and direct material savings
  • Partner with cross-functional stakeholders (finance, purchasing, engineering, cost engineering) to evaluate and size savings opportunities
  • Analyze supplier quotes and cost drivers using "should cost" and cost breakdown methodologies
  • Create supplier fact packs and negotiation support materials; track progress to savings targets
  • Monitor governance and documentation standards to ensure savings are properly supported and approved
  • Maintain accurate financial models, trackers, and reports; communicate status, risks, and recommendations to stakeholders
  • Support purchasing finance reporting concepts such as flow-through, carryover, and incremental savings
  • Work in a fast-paced environment with changing priorities while maintaining strong organization and attention to detail

Financial Analyst (Cost Analyst) - Purchasing Finance / Cost Reduction

Location: Auburn Hills, MI 48326 (Onsite)
Schedule: Monday-Friday, 8:00 AM-5:00 PM (flexible as needed)
Pay: $43.77/hr

Summary

Now hiring a Financial Analyst to support a high-impact cost reduction and value creation initiative tied to direct material spend. This Financial Analyst role is ideal for someone with purchasing finance, manufacturing finance, product finance, FP&A, or cost analysis experience who can build clear business cases, validate savings, and partner with cross-functional teams to drive measurable results. If you're a detail-driven analyst who loves Excel, data accuracy, and real-world financial problem solving, this Financial Analyst opportunity offers strong visibility and hands-on decision support.

Responsibilities

  • Build, validate, and defend financial business cases supporting cost reduction and direct material savings
  • Partner with cross-functional stakeholders (finance, purchasing, engineering, cost engineering) to evaluate and size savings opportunities
  • Analyze supplier quotes and cost drivers using "should cost" and cost breakdown methodologies
  • Create supplier fact packs and negotiation support materials; track progress to savings targets
  • Monitor governance and documentation standards to ensure savings are properly supported and approved
  • Maintain accurate financial models, trackers, and reports; communicate status, risks, and recommendations to stakeholders
  • Support purchasing finance reporting concepts such as flow-through, carryover, and incremental savings
  • Work in a fast-paced environment with changing priorities while maintaining strong organization and attention to detail

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or related field (Master's preferred)
  • 5+ years experience in Purchasing Finance, Manufacturing Finance, Product Finance, FP&A, Cost Analyst/Cost Accountant, Plant Cost Analyst, or comparable analytical role
  • Advanced Microsoft Excel (financial modeling, pivots, lookups; strong data accuracy)
  • Experience developing business cases and presenting recommendations to cross-functional teams
  • Understanding of cost reduction programs, savings validation, and supplier negotiation support
  • Strong communication, time management, and problem-solving skills
  • Automotive and/or manufacturing finance experience strongly preferred

Job Requirements

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or related field (Master's preferred)
  • 5+ years experience in Purchasing Finance, Manufacturing Finance, Product Finance, FP&A, Cost Analyst/Cost Accountant, Plant Cost Analyst, or comparable analytical role
  • Advanced Microsoft Excel (financial modeling, pivots, lookups; strong data accuracy)
  • Experience developing business cases and presenting recommendations to cross-functional teams
  • Understanding of cost reduction programs, savings validation, and supplier negotiation support
  • Strong communication, time management, and problem-solving skills
  • Automotive and/or manufacturing finance experience strongly preferred

Meet Your Recruiter

Holly Romain

hromain@alinestaffing.com

hromain@alinestaffing.com

About Auburn Hills, MI

Calling all job seekers! Discover exciting career opportunities in the vibrant community of Auburn Hills, Michigan. Nestled in Oakland County, this bustling area is a hub of innovation and growth, with renowned companies and top-tier educational institutions. Imagine starting your career surrounded by the beauty of Great Lakes, exploring the Cranbrook Educational Community, catching a show at The Palace of Auburn Hills, or savoring delicious Michigan pasties and cider doughnuts. Embrace the charm of this thriving city with its unique blend of culture, sports, and green spaces. Start your journey towards a fulfilling career in Auburn Hills today!

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About A-Line Staffing Solutions

Sourced by ZipRecruiter

A-Line Staffing Solutions is an established full-service recruiting and staffing provider that operates in the industry of human resources and recruitment. Based in Utica, Michigan, A-Line Staffing Solutions has been committed to its mission of providing innovative and effective workforce solutions since its foundation. The company specializes in providing high-quality staffing solutions for a range of disciplines, including Information Technology, Professional, Administrative, Healthcare, and more. A-Line prides itself on its ability to offer comprehensive and tailored staffing solutions in line with the varying needs of different businesses, which has played a crucial role in the company's growth and success.

Industry

Recruiting and staffing services

Company size

201 - 500 Employees

Headquarters location

Utica, MI, US

Year founded

2004

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