Financial Controller

Job descriptions may display in multiple languages based on your language selection.
What we offer:
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.
Group Summary:
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
Job Responsibilities:
Job Description:

• Support month-end closing activities in accordance with US GAAP and given scorecards,
• Conduct balance sheet and account reconciliation reviews and prepare Month End Compliance Reports,
• Prepare monthly financial binders and ensure accuracy of supporting documentation,
• Prepare weekly flash reports to provide early insights on financial performance,
• Collect, prepare, and interpret financial information for local management; support preparation of budgets, actuals, and forecasts,
• Responsible for standard costing and variance analysis for actual costs via material ledger closings,
• Validate and monitor all accruals on a monthly basis,
• Prepare cost center monthly reports and control monthly costs,
• Review and verify monthly sales reconciliations,
• Manage CMF (Capital Management Forms) preparation, submission, and yearly audit reporting,
• Monitor working capital by keeping AR days, AP days, Capex, inventories, and liquidity indicators at optimal levels,
• Maintain and update lease commitment schedules in line with IFRS and company policies,
• Prepare clear and insightful financial presentations for management meetings,
• Monitor and report cost reduction projects and KPIs, ensuring alignment with financial targets,
• Interact with external and internal auditors; follow up on audit findings and implement corrective actions,
• Drive standardization and improvement of key business processes through simplification, automation, and control enhancements,
• Participate in SAP development and improvement projects, ensuring finance requirements are integrated.

Qualifications:

• Bachelor's degree in Business Administration, Finance, Economics, Management, or Engineering from a reputable university; a Master's degree is an additional asset,
• Minimum 4 years of relevant experience in financial analysis, cost management, and accounting, preferably within the automotive industry,
• Good knowledge of MS Office applications and SAP,
• Good command of verbal and written English,
• Strong interpersonal and communication skills with a collaborative, team-oriented approach,
• Strong analytical and problem-solving ability; result-oriented with a business partner mindset,
• Ability to learn quickly and a proactive get things done attitude,
• Audit experience is an asset.

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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Worker Type:
Regular / Permanent
Group:
Magna Exteriors