Director, IT Finance & Controlling

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:
Financial Planning and Analysis:

• Lead MIT Business Planning and Forecast process; full cycle (service/project pricing, strategic planning, detail operational plan and forecasting)
• Proper financial analysis, identifying risks and opportunities, and providing recommendations to improve financial performance and profitability.
• Monitor and analyze financial metrics, key performance indicators (KPIs), and financial trends.
• Ensure proper pricing of services/project hours

Financial Reporting and Control:

• Preparation of accurate and timely financial statements, reports, and presentations for various stakeholders; attesting the financials properly reflect the business performance
• Ensure compliance with accounting principles, guidelines, and regulatory requirements.
• Establish and maintain effective internal controls to safeguard company assets.

Strategic Financial Leadership:

• Provide strategic insights and financial expertise to support key decision-making processes.
• Collaborate with cross-functional teams to evaluate business proposals, investments, and potential acquisitions.

Cash Flow Management:

• Manage cash flow, optimize working capital, and ensure adequate liquidity.

Team Leadership and Development:

• Lead and develop a global team of financial professionals, providing guidance and support.
• Foster a culture of excellence, integrity, and continuous improvement within the finance department.
• Identify talent gaps and develop succession plans to ensure the long-term success of the team.

Who we are looking for

• Bachelor's degree in Finance, Accounting, or a related field. MBA or advanced degree preferred.
• CPA (Certified Public Accountant) or CMA (Certified Management Accountant) designation is highly desirable.
• Proven experience in a senior financial management role, preferably within a manufacturing or automotive industry.
• Strong knowledge of financial planning and analysis, financial reporting, and internal controls.
• Extensive understanding of accounting principles, regulatory requirements, and financial best practices; technical knowledge of US GAAP, consolidation concepts, cost accounting, transfer pricing, etc.
• Exceptional analytical and problem-solving skills with the ability to provide actionable insights for business improvement.

Your preferred qualifications

• Strong systems skills (Excel, Power Point, Data Warehouse, OneStream, SAP)
• Excellent leadership and people management skills, with the ability to motivate and develop a high-performing team of professionals
• Strong communication and presentation skills, with the ability to effectively interact with senior executives and board members.

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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Corporate