Business Development Analyst

Group Description
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
Role Summary
The Business Development Analyst role focuses on supporting the quotation process for complex projects (global / cross-divisional quotes, new product quotes, new location quotes, etc.), also supports larger corporate development projects (including new facility planning, M&A activities, partnerships, etc.) and preparation of other key business decisions.
Key Responsibilities

• Adherence to Magna's Corporate Constitution, Employee Charter, Code of Conduct and Ethics, etc.
• Incorporate an understanding of manufacturing cost elements to analyze and develop product cost models for complex automotive sub-assemblies for use in engineering estimates and quotations.
• Support the team in development of Greenfield opportunities providing cost and input guidance
• Create Executive Financial Summaries for New Business Quotes, highlighting key financial (EBITDA, ROI, IRR, etc) with detailed explanation on results.
• Utilize cost models to assess return on investment for new technologies
• Support divisions to ensure all quote assumptions are consistent for global quote submissions.
• Business modeling / analyses using various financial models including Magna's quote capital analysis (QCA) tools.
• As needed, provide support regarding potential new capital projects, mergers and acquisitions, joint ventures, alliances, and alternative business combinations
• Enhance data analytics, methodologies, and models used in the function
• Effectively communicate insights and plans to cross-functional team members and management

The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.
Key Qualifications/Requirements
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION / SPECIAL KNOWLEDGE:

• Strong verbal and written communication skills
• Strong analytical capability with ability to meet deadlines
• Shown skills in problem solving, research, quantitative analysis and analytical working techniques
• Advanced skills in creating and manipulating complex spreadsheets (Excel)
• Good knowledge in word processing and presentation software programs (e.g., Word, PowerPoint)
• Self-motivated and detail orientated
• Ability to work well under pressure and with tight deadlines
• Fluent in English, further relevant languages an advantage

EXPERIENCE:

• Bachelor's degree in Finance, Accounting, or other relevant areas of study
• Minimum 3 years of work experience in a finance function such as financial planning and analysis or related field
• At least basic understanding of the automotive industry and ideally of manufacturing

Physical Demands / Work Environment
Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer. May require travel.
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.
Nearest Major Market: Troy
Nearest Secondary Market: Detroit