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What we offer:Job Responsibilities:
Mission of the Position:
- Supports sales management as well as program management to deliver accurate, on time quotes to the customer while satisfying financial key figures for each project.
- Execute financial quoting activities and support the GPMS quote process.
- Maintain and ensure accuracy of program financials (lifetime view) through regular program updates and reports.
Key Responsibilities:
- Quoting process:
- Support the implementation of new processes, standards to support the Global Quoting Process from a financial perspective.
- Improve the quote cost models and other finance tools.
- Ensure all costs are accurate and included in the cost model.
- Support Sales with contracts regarding fixed cost clauses, financial terms, and conditions, etc.
- Financial analysis and financial steering of projects:
- Generate financial analysis and sensitivity analysis of projects.
- Provide the project team with financial advice.
- Analysis of business cases.
- Cost break-down & other financial information for customers:
- Support the program team in generating “Cost break downs” for the customer.
- Prepare financial information to support sales negotiation.
- Preparation of data for the management:
- Generate monthly/quarterly reports for as needed by Management to enable right decisions. Support budget process
- Preoperational cost tracking:
- Support pre-operational cost tracking and reporting.
- Other duties as assigned.
Customers and Business Interfaces:
· Advance Manufacturing Engineering
· Product Engineering
· Program Management
· Launch Management
· Purchasing
· Sales
· Logistics
· Core Tech
· Vertical Integration
Requirements and Qualifications:
- Bachelor’s degree required – Business / Finance and Related disciplines.
- Five (5) plus years’ experience in automotive industry or equivalent.
- Financial background favored.
- Cost Accounting desired
- Willingness to travel.
- Spanish and/or German language is an asset.
- Must have advanced Excel skills, be computer literate and have experience in Microsoft Office.
- Must have the ability to balance multiple tasks.
Magna Standards:
· Practice and maintain integrity while following Magna’s Charter and Constitution.
· Follow Magna’s Code of Conduct and Ethics and related compliance policies.
· Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
· Drive the development of new technologies to improve quality, efficiency and reduce cost.
· Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
· Health & Safety responsibilities:
- Understand applicable Environmental, Health & Safety policies and procedures in the workplace.
- Report unsafe conditions immediately.
- Report injuries, accidents, illnesses, near misses, property damage immediately.
- Follow safety rules.
- Comply with requirements for the use or operation of machines or equipment.
- Comply with Personal Protective Equipment (PPE) requirements.
· Create a positive work environment by demonstrating and sharing functional/technical knowledge.
· Develop and maintain a responsive and cooperative working relationship with internal and external customers.
· Treat everyone with dignity, trust and respect.
· Complete additional duties and responsibilities as assigned.
Work Environment:
- Office environment: 20% travel required.
- While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.
The above is intended to describe the general content of and the requirements for the performance of thisposition. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.
This job description reflects the core elements of a position. There may be additional requirements based on local laws and regulations which could be attached as an addendum.
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:
Group:
Skills Required
- Bachelor's degree in Business, Finance, or a related discipline
- Five or more years of experience in the automotive industry or equivalent
- Advanced Microsoft Excel skills and computer literacy
- Experience with Microsoft Office
- Ability to balance multiple tasks
- Willingness to travel
- Financial background
- Cost accounting experience
- Spanish and/or German language skills
What the Team is Saying
Magna International Compensation & Benefits Highlights
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Healthcare Strength — Company materials highlight comprehensive medical, dental, vision, disability and life insurance in the U.S., paired with wellness initiatives and a confidential Employee & Family Assistance Program.
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Retirement Support — U.S. filings and recruiting pages describe a 401(k) with a 50% match on the first 6%, a deferred profit‑sharing component, and at some sites a 3% base company contribution after six months.
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Strong & Reliable Incentives — Profit sharing and performance‑linked rewards are embedded in the total‑rewards philosophy and documented in filings, with recent materials indicating these programs remain active.
Magna International Insights
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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Magna International 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.
