Group Controller

Posted 2 Days Ago
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Troy, MI
Hybrid
Expert/Leader
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Group Controller oversees financial operations, including budgeting, forecasting, reporting, and operational performance for North American divisions in the automotive sector.
Summary Generated by Built In
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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:
POSITION SUMMARY:
The Group Controller is responsible for the overseeing the financial operations of the Exteriors North American divisions. This includes forecasting, budgeting, financial reporting, and operational performance oversight.
ESSENTIAL DUTIES & RESPONSIBILITIES:
  • Review the month end financial results of the North American divisions. This includes having a full understanding of the root causes of any variances and related corrective actions being taken by the divisions. The results then need to be summarized and reviewed in detail with the Exteriors executive management team.
  • Review and approve all weekly, quarterly, and yearly forecasts/budgets for the North American divisions. This includes having a full understanding of the root causes of any variances and related corrective actions being taken by the divisions. The forecasts/budgets are then consolidated into a North American group presentation given to the Exteriors executive management team.
  • Review and approval all Business quotations request requests submitted by the divisions. This includes validating the costing, capital, ED&D and other investments are reasonable.
  • Create business cases to optimize the financial performance of the North American Exteriors operations.
  • Review and approve all capital requests submitted by the divisions.
  • Support the closure of the divisions open commercial issues.
  • Actively manage and support the improvement of underperforming divisions.
  • Review and approve the divisions controller model files. (Annual financial audit)
  • Support the closure in internal audit findings at the divisions.
  • Other analysis as required

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.
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Special Knowledge/Skills:
  • Bachelor's Degree in Accounting or Finance (accounting designation preferred).
  • Must have the ability to understand manufacturing operations and their impacts to the financial statements.
  • Must be able to create business cases that drive financial improvements based upon their knowledge of operations.
  • Strong degree of initiative and judgment
  • Must possess exceptional communication skills both verbal and written.
  • Excellent organizational and interpersonal skills along with a strong sense of time management and problem-solving abilities.
  • Must have the ability to work independently with minimal supervision while under pressure of deadlines and provide a high degree of accuracy.
  • Must be a team player, highly motivated, experienced in working with a high degree of confidentiality, discretion, and integrity in all aspects of the job.
  • Customer-focused, team player with ability to interact effectively with all employee levels in a positive, cooperative, and productive manner
  • Ability to exercise initiative, common sense and maintain effective internal and external working relationships.
  • Must consistently demonstrate a high degree of flexibility and versatility.
  • Strong degree of initiative and judgment

Experience:
  • Minimum of 10 years related experience. Preference to have worked as divisional controller of a large manufacturing operation.

Physical Demands/Work Environment
  • 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 travel.

Key Behavioral Traits for Success:
  • Business Acumen: Able to focus on delivering services in a way that enhances / maximizes profitability; ensure that team delivers service in a way that brings out the organization's value and competitive advantage; educate team on important developments within the organization; discuss relevant industry developments with team.
  • Entrepreneurial Drive for Results: The ability to find creative solutions and generate results in a dynamic market environment. Need to have a strong sense of urgency and the ability to infuse that in others.
  • Influencing & Communication Skills: Keen listening, open-mindedness, and strong interpersonal skills so that necessary alliances with internal & external groups can be forged and developed quickly. Comfortable communicating both formally and informally with senior executives and communicate openly and equitably with peers & subordinates throughout Magna Exteriors & customer organizations.
  • Technical / Functional Understanding: Able to serve as a source of technical / functional issues & perspective to others; demonstrate a breadth of technical/functional knowledge outside of core specialty; provide others with opportunities for technical growth; develop the technical competence of others as a way to achieve results; hold people accountable for technical excellence.

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.
Notice regarding the use of AI:
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.
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

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The Company
HQ: Aurora, Ontario
171,000 Employees
Year Founded: 1957

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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About our Teams

Magna International Offices

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.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
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