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Financial Engineering Jobs in Michigan (NOW HIRING)

Financial Analyst

Farmington Hills, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Farmington, MI

$1/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Build relationships with financial institutions, infrastructure investors, ESCOs, utilities, and leading accounting and advisory firms. * Partner with engineering, sales, product marketing, and ...

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 ...

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 ...

Work requires collaboration with purchasing, finance, technical accounting, and engineering.Responsibilities:Analyze contracts to identify contract errors and recovery opportunitiesDeliver high ...

Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and ...

Work requires collaboration with purchasing, finance, technical accounting, and engineering. Responsibilities: Analyze contracts to identify contract errors and recovery opportunities Deliver high ...

Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and ...

Financial reporting for purchasing (flow through, carryover, incremental) What This Role Will Prepare You For: * Future roles in Purchasing Finance/Ops, Value Optimization/Engineering, Product Cost ...

Job Posting Title Financial Analyst Summary Dauch is looking for a Financial Analyst to join our ... engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move ...

Job Posting Title Financial Analyst Summary The Financial Analyst will report to Dauch's Senior ... engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move ...

Financial Auditor

Warren, MI · On-site

$35 - $38/hr

  • Medical

  • Dental

  • Vision

  • Retirement

Collaborate with key stakeholders, including purchasing, finance, technical accounting, and engineering, to review audit outcomes and strategize recovery approaches. * Support purchasing in ...

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 Aug 15, 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 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 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 jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banks, investment firms, hedge funds, and financial technology companies. They use skills in mathematics, programming, and financial theory to develop models for pricing, trading, and risk assessment. Certifications like CFA or FRM can enhance job prospects in this field.

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 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 most commonly searched types of Financial Engineering jobs in Michigan?

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

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 1% As Needed, 82% Full Time, 13% Part Time, 1% Temporary, and 3% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $96,583 per year, or $46.4 per hour.

Full-time

Re-posted 21 days ago


Kratos Defense & Security Solutions rating

7.8

Company rating: 7.8 out of 10

Based on 10 frontline employees who took The Breakroom Quiz


Job description

Job Description

Kratos Defense & Security Solutions, Inc., is a leading defense technology company focused on uncrewed systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training, and combat systems. Our customers include the U.S. federal government, foreign governments, commercial enterprises, and state and local government agencies. At Kratos, we prioritize affordability as a cornerstone of our technology. We leverage proven, cutting-edge methodologies and technology to minimize costs, streamline schedules, and mitigate risks, ensuring timely delivery of cost-effective solutions to market.

GENERAL JOB SUMMARY:

The Financial Controller serves as the senior financial authority and control owner for Technical Directions Inc., responsible for full-spectrum financial governance across Programs, Operations, Engineering, Quality, Supply Chain, and Manufacturing.

This role owns financial integrity, compliance, reporting accuracy, internal controls, margin protection, cash discipline, and enterprise financial risk management. The Financial Controller ensures that all financial activity within TDI is accurate, compliant, controlled, and strategically aligned to revenue, EBIT, and long-term growth objectives.

Reporting directly to the GM / SVP, the Financial Controller provides independent financial leadership and enterprise-level governance, while maintaining a strong dotted-line integration with the Lead PMO to ensure disciplined program cost control and execution visibility.

ESSENTIAL JOB FUNCTIONS:

Enterprise Financial Governance & Control

  • Serve as the financial authority for TDI
  • Own internal controls, financial governance, and policy enforcement
  • Establish financial standards across all functional areas
  • Protect margin, cash flow, and capital efficiency
  • Identify enterprise-level financial risk and mitigation strategies

Financial Reporting & Close Management

  • Own monthly, quarterly, and annual financial reporting
  • Oversee revenue recognition and cost allocation accuracy
  • Validate labor rates, overhead rates, burden application, and cost pools
  • Ensure financial statements are audit-ready and GAAP compliant
  • Lead financial close cadence and reporting discipline

Program & Operational Financial Control

  • Govern Estimate-at-Completion (EAC) and margin tracking
  • Approve program cost baselines and financial assumptions
  • Validate financial impact of ECR/ECO and scope changes
  • Partner with Operations on throughput, scrap, OEE, labor efficiency
  • Validate cost rollups, BOM cost accuracy, and routing cost integrity

Budgeting, Forecasting & Capital Governance

  • Own Annual Operating Plan (AOP) financial structure
  • Lead rolling forecast discipline and variance governance
  • Approve capital expenditure requests and ROI analysis
  • Monitor working capital, cash flow, and inventory exposure

ERP & Financial Systems Ownership

  • Own financial integrity within Costpoint (ERP)
  • Ensure system controls prevent unauthorized or misaligned financial entries
  • Validate integration across ERP, PLM, MES, QMS, and dashboards
  • Maintain segregation of duties and compliance discipline

Audit, Compliance & Regulatory Controls

  • Lead internal and external financial audits
  • Ensure compliance with GAAP, corporate finance policy, ITAR, DFARS, and contract clauses
  • Oversee financial data governance and access controls
  • Serve as audit liaison for corporate and government stakeholders

Executive Advisory & Strategic Finance

  • Provide financial insight to GM / SVP on strategic decisions
  • Support pricing, make-buy analysis, supplier financial risk review
  • Provide margin improvement recommendations
  • Support enterprise growth and investment decisions

SUPERVISORY RESPONSIBILITY

  • May supervise financial support staff (future state)
  • Owns financial authority across TDI
  • Exercises approval authority over financial controls, structures, and reporting

Experience and Skills

KNOWLEDGE, SKILLS & ABILITIES

Required

  • Strong expertise in cost accounting, financial control, and governance
  • Deep understanding of manufacturing and engineering cost structures
  • ERP expertise (Costpoint strongly preferred)
  • GAAP and internal controls knowledge
  • Ability to operate independently as enterprise financial authority
  • Strong executive communication capability
  • Demonstrated ability to learn new regulatory frameworks through self-directed research (regulations, agency guidance, peer benchmarking) with limited formal mentorship

Preferred

  • EVMS familiarity
  • CPA or CMA preferred

EDUCATION & EXPERIENCE

Required

  • Bachelor's degree in Finance, Accounting, or related discipline
  • 8+ years of progressive financial responsibility
  • Demonstrated experience leading financial control in a manufacturing environment
  • Experience with long-cycle program-based EAC/ETC forecasting
  • Experience preparing or directly supporting an Incurred Cost Submission
  • Familiarity with CAS Disclosure Statement requirements and indirect rate structures

Preferred

  • Experience in high-mix, low-volume production environments
  • Experience supporting DCMA audits and government programs
  • Aerospace / Defense experience
  • Experience operating as a divisional/subsidiary controller reporting financials to a publicly traded parent, including SOX-aligned controls and consolidated close requirements

WORK ENVIRONMENT / PHYSICAL REQUIREMENTS

  • Office-based with extensive cross-functional engagement across operations
  • Frequent interaction with Program, Engineering, Manufacturing, and Supply Chain teams
  • Ability to work in a fast-paced, high-accountability environment
  • Ability to sit, stand, and work at a computer for extended periods
  • Occasional presence on production floor to validate financial alignment with operations

TRAVEL REQUIREMENTS

  • Minimal to moderate (0-20%) depending on program reviews, audits, or corporate engagement

 #LI-Onsite 

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND LEVEL OF WORK BEING PERFORMED BY INDIVIDUALS ASSIGNED TO THIS CLASSIFICATION. THEY ARE NOT INTENDED TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF PERSONNEL SO CLASSIFIED.

A REVIEW OF THIS CLASSIFICATION HAS EXCLUDED THE MARGINAL FUNCTIONS OF THE CLASSIFICATION THAT ARE INCIDENTAL TO THE PERFORMANCE OF FUNDAMENTAL JOB JUTIES. ALL DUTIES AND RESPONSIBILITIES ARE ESSENTIAL JOB FUNCTIONS AND REQUIREMENTS AND ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY ACCOMMODATE INDIVIDUALS WITH DISABILITIES TO PERFORM THIS JOB PROFICIENTLY. THE REQUIREMENTS LISTED IN THIS DOCUMENT ARE THE MINIMUM LEVELS OF KNOWLEDGE, SKILLS OR ABILITIES.

EEO/M/F/D/V

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