Senior Analyst, Finance Solutions

Reposted 23 Days Ago
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Bangalore, Bengaluru, Karnataka, IND
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Provide day-to-day SAP FICO support and implement improvements: analyze requirements, design/configure SAP solutions, manage full-cycle FICO projects and migrations, assist global e-invoicing rollouts, train users, coordinate consultants, maintain documentation, and ensure billing and time tracking to Magna Global IT standards.
Summary Generated by Built In

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:
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:

This position needs an analytical, well-educated, knowledgeable, and motivated team-player with strong FICO (Finance and Controlling) background, work ethic and integrity that will become a key part of “Global IT” to implement and provide adequate, 24x7 support for FICO (Finance and Controlling).

Providing daily support to Magna divisions/plants, especially Americas region. Needs to discuss with users, host workshops, define optional solutions, and be able to initiate FICO improvement projects, implement it, and manage project status/schedule is also required.

Your Responsibilities

  • Analyze business requirements and gaps not met by the existing systems / implementations.

  • Identify feasible solutions within SAP framework and estimate effort needed to meet those business requirements and gaps.

  • Implement solutions using SAP configuration, master data setup or code and support roll-out projects.

  • Provide day-to-day SAP end-user support including month end closing

  • Assist in E-invoicing global implementation project.

  • Provide user training to group/divisions

  • Create a positive work environment by demonstrating and sharing functional/technical knowledge.

  • Complete other duties as required by the Manager from time to time.

  • Uses teamwork to positively and effectively contribute to a high morale/high-performance team culture, consulting attitude and strong personal integrity.

  • He/she ensures global support.

  • Perform a complete, detailed analysis evaluating available applications and identifying opportunities for enhancing existing systems.

  • Assist in the coordination and collaboration of external consultants (Customer & Suppliers) as well as internal team members.

  • Time tracking and documentation according to Magna Global IT standards

  • Ensures billing of his/her projects and changes

  • Design practical, creative, conceptual technical solutions for business requirements balancing appropriate technology, cost and implementation timeline.

  • Develop and adhere to standards for design, coding, testing, change control, code deployment, software controls, configuration management, continuous integration, and troubleshooting and root cause analysis of application problems.

  • Maintain documentation of invoice processing procedures and support activities.

Who we are looking for

  • Bachelor’s degree in information technology, Computer Science or similar discipline.

  • Must be able to communicate in English

  • More than 5 years of SAP FICO-related experience.

  • Experience of SAP full cycle project as a FICO consultant

  • Basic finance and controlling concepts knowledge are must

  • Familiar with finance accounting submodules, have experience of data migration methodology, such as fixed asset migration, G/L master data migration, and inventory migration, etc.

  • Able to configure and support FICO module in SAP.

  • Familiar with FICO integration with other SAP modules such as material management, sales and distribution.

  • Experience of FICO validation and substitution or enhancements is required.

Your preferred qualifications

  • Experience in Automotive Industry is preferred.

  • Payment interface with bank is desired.

  • Material Ledger and Project Systems skill will be a plus.

  • ABAP debug skill is a plus.

  • Review and work up development requests & specs for ABAP programmers to develop customized functionality or reports to meet business requirements.

  • Knowledge of Business Warehouse (BW) is preferred.

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.

In addition, we offer you the following site benefits:

An overview of our benefits will be discussed during the recruitment process. 

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 based on 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. 

Health & Safety Responsibilities

  • Maintains safe work practices, complies with Magna H&S requirements, and participates in training and hazard reporting.

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 Information Technology, Computer Science or similar discipline.
  • Ability to communicate effectively in English.
  • More than 5 years of SAP FICO-related experience.
  • Experience on SAP full cycle projects as a FICO consultant.
  • Basic finance and controlling concepts knowledge.
  • Experience with data migration methodology (fixed asset, G/L master data, inventory migrations).
  • Ability to configure and support the SAP FICO module.
  • Familiarity with FICO integration with SAP MM and SAP SD.
  • Experience with FICO validation, substitution, or enhancements.
  • Experience with or ability to assist in global e-invoicing implementation projects.
  • Experience coordinating/collaborating with external consultants and internal team members.
  • Experience with time tracking, documentation, and project billing to IT standards.
  • Experience in the automotive industry.
  • Payment interface with bank experience.
  • Material Ledger and Project Systems skills.
  • ABAP debugging skills and ability to review development requests/specs for ABAP programmers.
  • Knowledge of SAP Business Warehouse (BW).

What the Team is Saying

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Dave
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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
Learn more

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