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Financial Engineering Jobs in Michigan (NOW HIRING)

Finance Manager

Plymouth, MI · On-site

$90 - $120/hr

The position partners closely with engineering, human resources, operations, and business leadership to simplify financial processes, strengthen accountability, support fast and fact‑based ...

The position partners closely with engineering, human resources, operations, and business leadership to simplify financial processes, strengthen accountability, support fast and fact-based decision ...

... Engineering, Quality, Supply Chain, and Manufacturing. This role owns financial integrity ... compliance, reporting accuracy, internal controls, margin protection, cash discipline, and ...

As a successful Financial Analyst, you will: * Conduct comprehensive underwriting and due diligence ... Communicate with brokers, sellers, lenders, developers, engineers and third parties to underwrite ...

As a successful Financial Analyst, you will: * Conduct comprehensive underwriting and due diligence ... Communicate with brokers, sellers, lenders, developers, engineers and third parties to underwrite ...

Financial Analyst - Senior

Troy, MI

$81K - $100K/yr

Partner with Cummins Drivetrain and Braking Systems Engineering Leadership - Serve as a trusted finance partner to the Engineering CMLT leader and leadership team, helping align financial performance ...

New

Financial Analyst - Senior

Troy, MI · On-site

$81K - $101K/yr

Partner with Cummins Drivetrain and Braking Systems Engineering Leadership - Serve as a trusted finance partner to the Engineering CMLT leader and leadership team, helping align financial performance ...

New

Financial Analyst - Senior

Troy, MI · On-site

$81K - $101K/yr

Partner with Cummins Drivetrain and Braking Systems Engineering Leadership - Serve as a trusted finance partner to the Engineering CMLT leader and leadership team, helping align financial performance ...

New

Financial Analyst - Senior

Troy, MI

$81K - $101K/yr

Partner with Cummins Drivetrain and Braking Systems Engineering Leadership - Serve as a trusted finance partner to the Engineering CMLT leader and leadership team, helping align financial performance ...

New

Financial Analyst - Senior

Troy, MI · On-site

$81K - $101K/yr

Partner with Cummins Drivetrain and Braking Systems Engineering Leadership - Serve as a trusted finance partner to the Engineering CMLT leader and leadership team, helping align financial performance ...

New

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 · 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 ...

Showing results 21-40

Financial Engineering information

See Michigan salary details

$66.2K

$96.6K

$118.5K

How much do financial engineering jobs pay per year?

As of Sep 5, 2026, the average yearly pay for financial engineering 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 financial engineering?

Financial engineering is the application of mathematical techniques, computer science, and statistical methods to solve problems and create innovative solutions in finance. Professionals in this field develop new financial products, manage risk, and optimize investment strategies using quantitative models. Financial engineers often work in banks, investment firms, hedge funds, or financial technology companies, helping organizations manage complex financial systems and products. The discipline combines finance, mathematics, statistics, and programming to address challenges in areas like derivatives pricing, risk management, and portfolio optimization.

What are some common challenges faced by financial engineers when implementing quantitative models in real-world financial institutions?

Financial engineers often encounter challenges such as aligning complex quantitative models with existing IT infrastructure and ensuring the models comply with regulatory requirements. Additionally, translating theoretical models into practical, scalable solutions that can handle large volumes of real-time data requires close collaboration with software developers and risk managers. Effective communication with non-technical stakeholders is also crucial, as financial engineers must explain model assumptions and results to decision-makers from diverse backgrounds.

What are the key skills and qualifications needed to thrive as a financial engineer, and why are they important?

To thrive as a Financial Engineer, you need a strong background in quantitative analysis, mathematics, programming, and finance, typically supported by a relevant degree such as financial engineering, mathematics, or computer science. Expertise in programming languages like Python, R, or C++, as well as familiarity with financial modeling software and risk management systems, is essential. Strong problem-solving, analytical thinking, and communication skills set top performers apart in this role. These skills are crucial for designing innovative financial products, managing complex risks, and translating quantitative insights into actionable business strategies.

What is the difference between Financial Engineering vs Quantitative Analyst?

AspectFinancial EngineeringQuantitative Analyst
Required CredentialsDegree in Financial Engineering, Mathematics, or related fields; often certifications like CQFDegree in Finance, Mathematics, or Statistics; certifications like CFA or CQF are common
Work EnvironmentFinancial institutions, hedge funds, investment banks; focus on product development and risk managementTrading desks, asset management firms; focus on data analysis and model development
Employer & Industry UsageUsed in risk management, derivatives pricing, and structured productsUsed in trading strategies, portfolio management, and risk assessment

Financial Engineering and Quantitative Analysts often share similar educational backgrounds and work in related financial sectors. While Financial Engineers focus on creating financial products and managing risks through complex models, Quantitative Analysts primarily analyze data to inform trading and investment decisions. Both roles require strong quantitative skills and often overlap in financial institutions.

What is the work of a financial engineer?

A financial engineer develops mathematical models and uses quantitative techniques to analyze and manage financial risks, design trading strategies, and create financial products. They often work with programming tools like Python or C++ and require strong skills in mathematics, finance, and computer science. Their work supports decision-making in investment banks, hedge funds, and financial institutions.

What jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banking, investment firms, hedge funds, and insurance companies. They use skills in mathematics, programming, and financial theory to develop models and strategies for trading, risk assessment, and asset management.

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

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

What job categories do people searching Financial Engineering jobs in Michigan look for?

The top searched job categories for Financial Engineering jobs in Michigan are:

What cities in Michigan are hiring for Financial Engineering jobs?

Cities in Michigan with the most Financial Engineering job openings:

Infographic showing various Financial Engineering job openings in Michigan as of August 2026, with employment types broken down into 82% Full Time, 14% Part Time, 3% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $96,583 per year, or $46.4 per hour.

Finance Manager

Tenneco

Plymouth, MI • On-site

$90 - $120/hr

Other

Re-posted 22 days ago


Tenneco rating

7.1

Company rating: 7.1 out of 10

Based on 90 frontline employees who took The Breakroom Quiz

344th of 499 rated machine equipment manufacturers


Job description

The Finance Manager acts as the strategic finance lead for the Americas Engineering organization, delivering financial analysis, reporting, and planning support, while partnering with other SG&A functions across the region. This role is responsible for forecasting, budgeting, month‑end analysis, inventory valuation, internal controls, and ad hoc financial support. The position partners closely with engineering, human resources, operations, and business leadership to simplify financial processes, strengthen accountability, support fast and fact‑based decision‑making, and drive business results in alignment with Tenneco’s core values.

Job Responsibilities
  • Lead and own the annual budgeting process, providing clear cost center insights to support functional partners, while driving weekly flash reporting and monthly, and annual budgeting and forecasting activities
  • Drive monthly financial performance analysis, delivering clear insight into income statement, balance sheet, and cash flow results, and actively identifying key variance drivers versus target and prior year.
  • Own month‑end close activities, including reviewing financial data, performing analysis, and preparing journal entries as needed.
  • Oversee inventory valuation, including variance capitalization and reserve calculations such as E&O, LCM, and other reserves
  • Lead scrap and inventory adjustment compliance, ensuring accurate reporting, adherence to controls, and process discipline
  • Build and sustain strong cross‑functional partnerships across finance, engineering, human resources, plant leadership, and business teams to reduce complexity and foster transparency, confidence, integrity, cooperation, and organizational velocity
  • Assist in the implementation and maintenance of financial systems, tools, procedures, and policies
  • Enforce and maintain an environment of strong internal controls and SOX compliance through balance sheet reviews, controls testing, and process standardization
  • Ensure financial reports accurately reflect business performance in accordance with GAAP and Tenneco policies
  • Perform ad hoc financial analysis and special projects as requested by leadership
Job Requirements

Education: Bachelor’s Degree in Accounting or Finance

Experience:

  • Minimum 5 years of finance or accounting experience in a corporate, manufacturing, or plant environment
  • Experience as a plant controller, finance manager, senior financial analyst, or in a similar role preferred
  • Experience supporting financial planning and analysis activities, including budgeting, forecasting, variance analysis, and business planning
  • Experience with inventory valuation, including standard cost variances, capitalization, scrap, and reserves (E&O, LCM, etc.)
  • Strong SOX and internal controls experience, including controls testing and process documentation
  • Demonstrated ability to work cross-functionally, communicate with clarity, and support fast, effective decision‑making
Requirements / Certifications
  • Proficiency in financial systems, including SAP or similar ERP systems, required
  • Exposure to financial consolidation systems such as OneStream preferred
  • Strong knowledge of financial analysis, reporting, reconciliations, and internal controls
  • Understanding of GAAP and financial compliance requirements
  • Excellent analytical skills and ability to work with complex data
  • Hands‑on, self‑starter with the ability to work independently and drive results
  • Strong PC and Microsoft Office skills, including advanced Excel
  • Ability to communicate with candor, simplify complex financial information, and maintain a strong ownership mindset
  • Ability to manage multiple priorities in a dynamic, fast‑paced environment and meet deadlines
Physical Demands
  • Ability to perform the essential functions of the position in a standard office environment
Work Environment
  • This role operates primarily in a professional office environment and requires collaboration across finance, supply chain, purchasing, operations, and plant leadership in a fast‑paced business setting. The role will support both locations, with an expected onsite presence of 2 days in Plymouth and 2 days in Grass Lake each week.
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