Manager, Procurement Reporting & Controlling

Posted Yesterday
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Troy, MI, USA
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Lead global procurement reporting and controlling to ensure financial transparency and performance steering. Own savings tracking methodology, deliver monthly executive reporting, design KPI frameworks, support budget/forecasting for procurement cost centers, analyze financial impact of disruptions, and drive governance, standardization, and automation of procurement reporting and tools.
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:
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

Job Responsibilities:

About the Role:  

The Manager Procurement Reporting & Controlling ensures financial transparency, credibility, and performance steering of global procurement activities across all product groups and divisions. 

Operating from a corporate governance role in a highly decentralized organization, the position enables fact‑based decision‑making by establishing standardized savings tracking, KPI frameworks, and reporting, while partnering closely with Group Procurement and Finance. 

The role is critical to turn procurement activities into measurable bottom‑line impact, strengthen accountability, and support cross‑group collaboration through trusted data and common standards. 

 

Your Responsibilities:  

Savings, Performance & Transformation Controlling 

  • Own global procurement savings tracking, including methodology, validation, reporting, and continuous improvement. 

  • Act as Project Controller for corporate and cross‑group procurement and transformation initiatives. 

  • Provide clear plan vs. actual transparency, bridge savings to budget and P&L, and flag risks early and ensure financial credibility. 

Reporting, Analytics & KPI Steering 

  • Deliver monthly procurement performance reporting for executive and cross‑group steering. 

  • Design and maintain a standardized global procurement KPI framework (e.g., savings, sourcing pipeline, spend coverage, compliance) and act as single source of truth for procurement performance data and dashboards. 

  • Drive development of the Procurement Savings Tracking Tool and procurement analytics. 

Cost Center, Budget & Commitment Controlling 

  • Control Corporate Procurement cost centers, including budget planning, forecasting, and variance analysis. Increase transparency on procurement investments and transformation ROI. 

  • Finance Business Partner to Procurement leadership, consolidating plans and commitments across groups. 

Financial Impact of Disruptions & Material Topics (e.g., Tariffs) 

  • Provide transparency on the financial impact of supply disruptions, cost increases, and tariffs. 

  • Support scenario analyses and escalation‑ready reporting for Procurement and Finance leadership. 

Governance, Standards & Continuous Improvement 

  • Define and maintain global standards, playbooks, and guidance for procurement reporting and savings tracking. 

  • Drive standardization, automation, and continuous improvement of procurement reporting processes. 

 

Who We are Looking For: 

  • Bachelor's degree in Supply Chain Management, Business, or related field  

  • 7+ years’ experience in Purchasing/Plant Controlling and Reporting  

  • Strong knowledge of Supply Chain principles and procurement strategies. 

  • Experience with ERP systems and other supply chain management software. 

  • Strong analytical, problem-solving, and decision-making skills. 

  • Effective communication and negotiation skills. 

Your Preferred Qualifications: 

  • Automotive industry background 

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. 

Site Benefits: 

  • Comprehensive medical, dental, and vision plans  

  • 401 (k) plan with employer matching  

  • Exciting internal development opportunities  

  • Profit sharing program. 

  • Café 

  • Motorcycle and Elective Vehicle Parking  

At Magna, we believe 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. 

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 Corporate

Skills Required

  • Bachelor's degree in Supply Chain Management, Business, or related field
  • 7+ years' experience in Purchasing/Plant Controlling and Reporting
  • Strong knowledge of Supply Chain principles and procurement strategies
  • Experience with ERP systems and other supply chain management software
  • Strong analytical, problem-solving, and decision-making skills
  • Effective communication and negotiation skills
  • Automotive industry background

What the Team is Saying

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Magna International Compensation & Benefits Highlights

  • Healthcare Strength Benefits include medical, dental, vision, and pharmacy coverage alongside disability and life insurance, plus mental‑health support via an Employee & Family Assistance Program and wellness programs. Voluntary options such as pet and auto/home insurance further expand the health-related offering.
  • Retirement Support Retirement programs feature a 401(k) with company match and profit sharing, with corporate filings confirming the U.S. 401(k) plan and employer contributions. Other long‑term levers like equity programs and performance bonuses add to wealth‑building potential.
  • Wellbeing & Lifestyle Benefits Company materials highlight a total‑rewards commitment and programs such as donation‑matching and an employee disaster relief fund that provide added support. Work‑life and development elements (e.g., PTO, parental leave, flexible work, and tuition reimbursement) are presented for many roles.

Magna International Insights

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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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