About the position
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. Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic 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 Electronics.
Responsibilities
- Responsible for all aspects of the finance functions within the Product Area.
- Collaborate with Product Area leaders to develop and execute strategic plans.
- Provide financial guidance and support for new product pursuits, investments and other strategic projects.
- Act as a business partner to the VP Product Area ensuring accurate reporting.
- Review new business quotes to ensure metrics meet the Magna minimum financial threshold.
- Work with Cross-Functional Team to secure necessary information for proper estimates.
- Oversee Project Controlling which monitors and manages all financial aspects.
- Prepare and present monthly business updates for the Product Area.
- Monitor key financial metrics and provide actionable insights to improve financial performance.
- Develop and maintain financial models to support business decisions and strategic initiatives.
- Lead a quarterly review of sales roadmap to inform/update key Senior Leadership Team members.
- Coordinate the annual business plan review and complete product area budgets.
- Evaluate/advice on long-term impact of plans, programs, investments, divestitures, strategies and regulatory practices.
- Review capital projects and quote capital for new programs.
- Ensure system of Internal Control, documentation, and reviews are being performed.
- Provide mentorship and coaching to team members.
- Foster a culture of continuous improvement and professional development.
- Support Magna’s public company reporting requirements.
- Ensure all safety and non-safety rules and regulations are followed.
Requirements
- Strong financial and operational knowledge.
- Experience in financial analysis and reporting.
- Ability to collaborate with cross-functional teams.
- Experience in budgeting and financial planning.
- Strong leadership and mentorship skills.
- Knowledge of regulations, policies and procedures that affect the company.
Nice-to-haves
- Experience in the automotive industry.
- Familiarity with Magna’s Operational Principles and Environmental Health and Safety Policy.
Benefits
- Engaging and dynamic work environment.
- Support and resources for employee success.
- Opportunities for professional development.
