Finance Manager, IT & Controlling

Magna International Inc. • Troy, MI

31d • Hybrid

About The Position

The Manager, IT Finance & Controlling plays a key role in supporting the Magna Global IT team in managing the business and improving the overall financial performance. Reporting to the Director of Finance, they provide Global Support to specific IT functional areas.

Requirements

• Professional Accounting Designation including a bachelor's degree in finance, accounting, business or a related field; or equivalent combination of education and experience.
• Minimum 8 years' relevant experience in Accounting and Finance with at least 2 years of supervisory experience.
• Ability to build solid relationships to effectively collaborate with cross functional teams or other diverse groups of business people with a wide array of professional backgrounds, including senior management.
• Exceptional attention to detail and organizational skills, with the ability to coordinate and complete multiple tasks within established and changing deadlines.
• Strong proficiency in financial management software and ERP systems (e.g., SAP, data warehouse). Advanced Excel and PowerPoint skills and familiarity with data analysis tools (e.g., Power BI, Tableau).
• Accounting experience to include overseeing/managing company financial summaries such as month-end, year-end and operation reviews, year-end auditing process, general accounting, developing business plans, and analysis of balance sheets, income statements and cash flow.

Nice To Haves

• Experience working with virtual and/or teams would be an asset.
• Excellent verbal and written communication skills with the ability to present complex financial information clearly and persuasively to both finance and non-finance stakeholders.

Responsibilities

• Responsible for the Controlling processes for assigned IT functional and regional areas including monthly, quarterly, and year-end reporting, business planning, project accounting and capital expenditure tracking while overseeing two direct reports.
• Partner with the Magna Global IT operational team to provide consolidated management reporting and business analysis for decision making and undergo detailed re-pricing of services/rates.
• Manage yearly budget and quarterly forecast preparation for the assigned business unit, ensuring alignment with organizational goals for strategic planning and decision making.
• Prepare business cases for new initiatives and supplier contract renewals.
• Maintain, monitor, implement changes for financial reporting systems, acting as Finance team subject matter expert
• Ensure compliance with accounting principles, guidelines, Magna finance policies and regulatory requirements and maintain effective internal controls to safeguard company assets.
• Preparation of ad-hoc analysis and presentations for management and functional departments.
• Other responsibilities that may be assigned from time to time.

Benefits

• At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
• An overview of our benefits will be discussed during the recruitment process.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Transportation Equipment Manufacturing
• Number of Employees: 5,001-10,000 employees