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What we offer:Job Responsibilities:
Provides financial leadership and plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections necessary for the success of the Company. Prepares complex financial analyses for various business opportunities, assesses associated risks, and makes recommendations. Evaluates financial / operational results and controls and provides management with information for effective planning and audit of the organization. Manages and drives improvement in the financial systems including sales forecasting, planning, product cost estimating, operations controlling and manages the purchasing department. Plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections. Analyzes and interprets actual performance to plan, explains key variances, and makes recommendations for action. Assists and advises management in the evaluation of the financial aspects of existing and proposed business ventures (i.e.: cash flow, ROI, capital requirements, pricing, etc.).
KEY FUNCTIONS & RESPONSIBILITIES:
- Establishing the strategic direction for the business. This activity includes:
- Establishing and reporting key financial measures to help guide decision-making.
- Developing cost and pricing strategies for various products and markets.
- Conducting financial analyses in support of strategic initiatives.
- Generates complex financial analyses for various product business opportunities including ventures, new plant start-ups or consolidations, and new product offerings. Assesses risk associated with analyses and makes recommendations.
- Assesses financial/operations results and controls in terms of costs, budgets, trends, etc. Makes recommendations for increased profit opportunities, more efficient asset utilization, etc. and provides management with relevant information for effective planning.
- Recommends financial opportunities and identifies potential risks.
- Administers and evaluates the business’ financial systems and controls and recommends and implements improvements as necessary. Key systems include Activity Based Management, Financial Evaluation System, planning and reporting processes, etc.
- Directs and has overall supervisory responsibility for the Accounting / Finance Department.
- Assists in developing pricing and providing cost estimates for all customer product quotations. Ensures that product financial evaluations meet established company financial mandates.
- Provides technical advice and services to operating and departmental managers, interpreting accounting reports and statements, and investigating action where financial conditions warrant.
- Sarbanes Oxley Champion.
- Performs other duties as necessary in support of business objectives. Ensures that facilities are in full compliance with all safety regulations.
QUALIFICATIONS:
- Demonstrated knowledge of the fundamental doctrines, theories, principles, and terminology of accounting and finance.
- Demonstrated strong leadership skills with the ability to clearly communicate a vision, educate individuals and teams, and influence decisions.
- Ability to respect and maintain the confidential nature of the data processed.
- Working knowledge of financial and non-financial measurements systems, lean manufacturing practices and cost management systems strongly preferred.
- Ability to establish goals and guide strategic and operational planning in the finance organization. Performs other duties as necessary in support of business objectives.
- Demonstrated high degree of analytical and evaluation skills.
EDUCATION & EXPERIENCE
- Bachelor’s degree in accounting plus four years experience with at least three years in a supervisory capacity; or equivalent.
- Completion of the CMA, CPA, or MBA program.
- Proven experience in a manufacturing company, including working knowledge of operations controlling systems, cost estimating systems, financial measurement and evaluation techniques and product pricing/market strategies.
- Experience in departmental administration and supervision of other employees.
Group:
Skills Required
- Bachelor's degree in Accounting (or equivalent)
- Minimum four years' accounting/finance experience with at least three years in a supervisory capacity
- Completion of CMA, CPA, or MBA program
- Demonstrated knowledge of accounting doctrines, principles, and terminology
- Proven experience in a manufacturing company (operations controlling, cost estimating, product pricing)
- Strong leadership skills with ability to communicate vision and influence decisions
- Ability to maintain confidentiality of financial data
- Working knowledge of financial and non-financial measurement systems, lean manufacturing, and cost management systems
- Experience in departmental administration and supervision of employees
- Experience with Sarbanes-Oxley (SOX) compliance (Sarbanes Oxley Champion)
What We Do
We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries. We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.
Why Work With Us
At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.











