Sr. Projects & Capital Analyst

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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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Job Responsibilities:
Our team is seeking an adaptable, driven, and willing to work outside the box finance professional with >6 years of finance/accounting hands on experience. Position is intended to develop an individual to become an Assistant Controller. Role will be a blend of the significant balance sheet items for a manufacturing plant and performing cost modeling for upcoming business changes and opportunities. Additional projects will be given as development progresses in the realms of product costing and inventory.

• Perform mid-month, month end, forecast and budget duties related to fixed assets, leases, accounts receivable and accounts payable.
• Enact capitalizations, asset tag assignment (including audits), depreciation, and disposal actions - essentially all fixed asset accounting.
• Prepare financial analysis to quote new opportunities for MPT Shelby plant with support from Plant Controller and Troy Program Controlling, Advanced Manufacturing Engineering, and Program Management.
• Adhere to CalcIt and SCS standards to ensure consistency in quote financial preparations for prioritizing capital spend.
• Control project budgets in Magna Capital System (MCS), reconcile to SAP project module, work with program manager for Planview inputs and report out to Plant General Manager monthly.
• Act as the plant liaison between Ramos shared service team and plant. Problem solve issues between shared service function and local staff (past due items with customers or suppliers).
• Quote activity will be delegated by the plant controller after alignment with Troy sales, advanced manufacturing engineering, program controlling, and program management teams.
• Process costing calculations for supplier quality issue debits and ensure collection.
• Manage fixed assets and leases with Senior Manager Program Management and Plant Controller from project approval until asset disposal.
• Complete annual internal controls requirements such as tax packages, controllers model file, annual physical inventory, monthly balance sheet reconciliations, regular internal audit requests, Magna minimum control procedures and assigned items.
• Conduct departmental controller duties by working with assigned plant staff leader.
• Possess an ability to adapt and learn new systems quickly with an open curiosity for learning the business.
• Be an apprentice to the Assistant Controller on cost reporting, inventory control, and consolidation reporting.
• Adhere and participate in assigned MAFACT and certification efforts.

Minimum Requirements

• Bachelor's degree in Accounting, Finance, or General Business (with appropriate Finance experience)
• Over 6 years of experience with a blend of cost estimating/financial modeling, fixed assets, project controlling, A/P, A/R, or general accounting
• Experience with SAP, MS Office Suite, One Stream software
• Fluent in English language
• Manufacturing plant experience is desired
• Ability to be onsite daily other than ad hoc work from home flexibility
• Preference would be given to a Certified Management Accountant (CMA) or Masters of Business Administration (MBA)

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 Powertrain