Plant Controller

Magna International · Detroit, MI

Company

Magna International

Location

Detroit, MI

Type

Full Time

Job Description

Group Description
Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.
Role Summary
Supports the Divisional General Manager in effectively managing the business. Oversees the accounting and finance functions. Develops, implements and maintains the necessary systems and procedures to ensure timely and accurate financial statements and data. Provides financial expertise in the areas of business development, planning and administration.
Key Responsibilities
  • Oversees the division's accounting and finance functions; and provides leadership and direction to the employees under their supervision.
  • Prepares Annual Budget, Quarterly Forecasts, Mid-Month Flashes with the cooperation of the plant management team to track and provide feedback on performance and monthly targets.
  • Prepares monthly financial statements, quarterly and annual reporting requirements to corporate office and regulatory bodies.
  • Oversees cost-effective internal controls, payroll-related accounting and filings, yearend corporate tax return data and other related corporate requirements.
  • Prepares analysis of financial and operating information as required.
  • Ensures the division is attaining the optimal return on funds employed through proper cash management.
  • Analyze and evaluate the division's operating expenses and meet with management team on progress to monthly, quarterly, and annual targets.
  • Develops, implements and maintains systems and procedures for accurate and timely reporting.
  • Conducts internal auditing procedures; and ensures Management Controls are in compliance with Sarbanes Oxley 404.
  • Provides financial expertise and assistance to enhance the growth and profitability of the business; develops, analyzes and interprets information that tracks profitability. Implements programs to both control and reduce costs.

Key Qualifications/Requirements
  • Bachelor's Degree in Accounting, Finance or related field; or an equivalent combination of education and experience.
  • Minimum of seven (7) years of progressive accounting and finance experience in a manufacturing environment, preferably Tier 1 or 2 in Automotive, including a preferred minimum of three (3) years of supervisory responsibility.

Additional Information
Demonstrates strong leadership skills with e xcellent written and verbal communication skills. Demonstrates a high level of interpersonal skills to effectively communicate and present information to customers, suppliers, vendors, management, employees and corporate personnel. Excellent analytical, problem resolution and project management skills. Knowledgeable of cost accounting methods relating to OEM applications in a manufacturing environment, Proficient in Word, Excel and accounting/finance software systems.
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: Detroit
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Date Posted

01/31/2023

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