Magna International
Dream big. With Us. Let's create the future of mobility, together.
Detroit, MI

Controller at Magna International (Detroit, MI)

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Group Description
At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We're the only mobility technology company and supplier with complete expertise across the entire vehicle.
We are committed to quality and continuous improvement because our products impact millions of people every day. But we're more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it's our talented people who lead us on this journey.
Role Summary
Magna New Mobility is seeking a highly motivated Group Controller based in Troy, Michigan. The Controller will be reporting to the Senior Director of Finance and M&A and will be responsible for overseeing financial and accounting efforts for the New Mobility Group.
The ideal candidate will be comfortable developing and implementing systems and processes for a newly formed business unit and will have the opportunity to work within a fast-growing, start-up environment, operating with a high degree of autonomy. Given the early-stage nature of the New Mobility Group, the candidate will have a broad set of responsibilities across all areas of accounting and financial management and will have substantial runway for professional growth.
Key Responsibilities
  • Develop, implement and maintain systems and procedures for accurate and timely management reporting
  • Oversee the day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger
  • Ensure all month-end close processes are followed and completed timely and accurately according to the closing calendar
  • Review month end results, understand variances to plan and summarize results for New Mobility executive management
  • Assist management with the preparation of annual Budget; provide financial expertise to analyze and interpret information that tracks Budget and implement programs to control and reduce costs
  • Create business cases to optimize the financial performance of the New Mobility Group
  • Review and approve capital requests, invoices, purchase orders, and inter-company charges
  • Develop, implement and update procedures for cost allocations between different internal divisions and departments
  • Coordinate with external auditors as required
  • Provide expertise in accounting principals
  • Handle special projects as needed; perform other duties as may be assigned by the Senior Finance Director

The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.
Key Qualifications/Requirements
  • Bachelor's Degree with major in Accounting or Business
  • 10+ years general accounting experience
  • Extensive experience with computerized accounting packages and Excel
  • Strong interpersonal skills with the ability to deal effectively with others is required
  • Detail oriented; high level of ownership and accuracy; self-starter; able to work autonomously with limited oversight/supervision

Additional Information
  • Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer.
  • May require some travel

Awareness. Unity. Empowerment.
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Nearest Major Market: Troy
Nearest Secondary Market: Detroit
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What are Magna International Perks + Benefits

Magna International Benefits Overview

At Magna, our employees are at the center of what we do. It’s a priority to protect the health of our people and our business and we do this in a variety of ways. We offer a competitive and comprehensive benefits program including medical, dental, vision, pharmacy, disability, life insurance, FSA, 401(k) with company match, profit sharing plan, Employee & Family Assistance Program (EFAP), pet insurance, auto/home insurance, wellness programs and much more!

Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Open door policy
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
Company Equity
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Company Outings
Stocked Kitchen
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program

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