Job descriptions may display in multiple languages based on your language selection.
What we offer:Job Responsibilities:
Key Responsibilities
Project Transition State:
Support transition of GL activities from local entities into shared services, including process mapping, knowledge transfer, and stabilization (hyper care).
Plan and manage ramp-up of operations, including hiring, onboarding, training, and scaling team capacity in line with transition waves.
Ensure smooth handover and service continuity, meeting SLAs during transition and post-go-live phases.
Drive standardization and harmonization of processes across entities during migration.
Monitor transition KPIs (e.g., stabilization timelines, error rates, productivity ramp-up) and implement corrective actions as needed.
Standard Operations:
Lead GL close activities, including journal entries, accruals, reclassifications, and close calendar execution.
Review balance sheet reconciliations, account analyses, bank reconciliations, and close-related schedules.
Ensure GL postings, reconciliations, reporting packs, and supporting documentation are accurate, complete, and compliant.
Support financial reporting, variance analysis, management reporting, statutory/corporate reporting schedules, and audit requirements.
Ensure compliance with accounting policies, internal controls, SOX or equivalent control requirements, and applicable accounting standards.
Support internal and external audits, including audit schedules, evidence preparation, query resolution, and remediation tracking.
Lead standardization, automation, SOP documentation, KPI/SLA tracking, and continuous improvement across GL/R2R processes.
Manage stakeholder coordination with local finance, controllers, corporate finance, FP&A, tax, treasury, AP/AR, IT, and auditors.
Lead and develop a team including workload planning, task allocation, performance management, coaching, cross-training, succession planning, and escalation management.
Required Qualifications
Bachelor’s degree in Accounting, Finance, Business Administration, Commerce, or related field.
8–10 years of experience in GL accounting, Record-to-Report, corporate accounting, or finance shared services.
Strong experience with close, journal entries, reconciliations, reporting, audit support, controls, and compliance.
Demonstrated experience leading larger accounting teams, preferably around 10–15 team members.
Experience in multinational, shared services transition, corporate finance, or multi-entity environments preferred.
Technical Skills
Strong ERP experience, preferably SAP S/4HANA, SAP ECC, Oracle, or equivalent.
Advanced Excel skills and experience with reporting / BI tools such as Power BI.
Preferred exposure to OneStream, or similar reconciliation, close, consolidation, and reporting tools.
Strong understanding of accounting standards, internal controls, close governance, reconciliations, and audit documentation.
Soft Skills
Strong leadership, coaching, and people-development capability.
Excellent communication and stakeholder management skills.
Strong analytical, problem-solving, and decision-making skills.
Ability to manage deadlines, escalations, and competing priorities during close and audit cycles.
Continuous improvement mindset with ability to standardize, automate, and scale finance processes.
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.
Skills Required
- Bachelor's degree in Accounting, Finance, Business Administration, Commerce, or a related field
- 8–10 years of experience in GL accounting, Record-to-Report, corporate accounting, or finance shared services
- Strong experience with financial close, journal entries, reconciliations, reporting, audit support, controls, and compliance
- Experience leading larger accounting teams, preferably approximately 10–15 team members
- Experience in multinational, shared services transition, corporate finance, or multi-entity environments
- Strong ERP experience with SAP S/4HANA, SAP ECC, Oracle, or equivalent
- Advanced Excel skills and experience with reporting or business intelligence tools such as Power BI
- Exposure to OneStream or similar reconciliation, close, consolidation, and reporting tools
- Strong understanding of accounting standards, internal controls, close governance, reconciliations, and audit documentation
- Strong leadership, coaching, people-development, communication, stakeholder management, analytical, problem-solving, and decision-making skills
- Ability to manage deadlines, escalations, and competing priorities during close and audit cycles
- Ability to standardize, automate, and scale finance processes
What the Team is Saying
Magna International Compensation & Benefits Highlights
-
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.
-
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.
-
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.
Gallery
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.
