Magna International Inc.
Director of Finance - North America
Magna International Inc., Troy, Michigan, United States, 48083
About usWe see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group SummaryThe 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.
What we offerAt 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.
About the RoleThe Director of Finance – North America is responsible for overseeing the financial operations of the Magna Exteriors North American divisions. This includes forecasting, budgeting, financial reporting, and operational performance oversight.
Your Responsibilities
Manage a department of 4-5 people.
Financial reporting
Review and approve month end financial results of North American Divisions. This includes understanding the root causes of any variances and related corrective actions being taken by the divisions, summarized and reviewed with the Exteriors executive leadership team.
Review and approve the division’s controller model files (annual financial audits).
Support ongoing effective internal controls throughout the divisions.
Support timely closure in internal audit findings at the divisions.
Identify and analyze various KPIs to explain variances, identify trends, risks & opportunities, and insights that can yield operational improvements in the divisions.
Budgeting and forecasting
Review and approve weekly, quarterly, and yearly forecasts/budgets for the divisions, understanding root causes of any variances and corrective actions taken.
The forecasts/budgets are consolidated into a North America regional presentation for the Exteriors executive leadership team and Magna executive team as required.
Identify, quantify, and articulate significant risks and opportunities to executive leadership team.
Operational performance oversight
Cheque signer
Review and approve quote capital requests submitted by the divisions, validating the costing, capital, ED&D and other investments.
Review and approve capital requests submitted by the divisions, ensuring adherence to Capital Expenditure budgets/forecasts.
Support continuous improvement processes with the divisions, validating savings and overseeing the divisions management of this process.
Identify and create business cases to optimize the financial performance of the divisions.
Support the closure of the divisions open commercial issues.
Complete benchmarking analysis to help identify divisional best practices.
Review divisional practices to drive towards optimal working capital levels.
Actively manage and support the improvement of underperforming divisions.
Other analysis as required.
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.
Your preferred qualificationsTo 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/Skills –
Bachelor’s Degree in Accounting or Finance (accounting designation preferred).
Ability to understand manufacturing operations and their impacts on financial statements.
Ability to create business cases that drive financial improvements based on knowledge of operations.
Strong initiative and judgment.
Exceptional communication skills both verbal and written.
Excellent organizational and interpersonal skills along with strong time management and problem-solving abilities.
Ability to work independently with minimal supervision under pressure of deadlines while maintaining high accuracy.
Team player, highly motivated, with experience in maintaining confidentiality, discretion, and integrity.
Customer-focused, able to interact effectively with all employee levels positively and cooperatively.
Ability to exercise initiative, common sense, and maintain effective internal and external working relationships.
Consistent demonstration of flexibility and versatility.
Experience –
Minimum of 10 years related experience. Preference for experience as divisional controller of a large manufacturing operation.
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.
Who we are looking forKey Behavioral Traits for Success –
Business Acumen: Ability to focus on delivering services that enhance profitability and maximize organizational value.
Entrepreneurial Drive for Results: Ability to find creative solutions and generate results in a dynamic market environment.
Influencing & Communication Skills: Strong interpersonal skills for forging alliances with internal & external groups.
Technical / Functional Understanding: Ability to serve as a source of technical issues & perspective to others, demonstrating breadth of knowledge outside of core specialty.
Site Benefits
Comprehensive Medical, dental, and vision plans.
401 (k) plan with employer matching.
Profit sharing program.
Exciting internal development opportunities.
Cafe.
Parking for electric vehicles.
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 based on experience and qualifications, regardless of 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.
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Forward. For all.
Group SummaryThe 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.
What we offerAt 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.
About the RoleThe Director of Finance – North America is responsible for overseeing the financial operations of the Magna Exteriors North American divisions. This includes forecasting, budgeting, financial reporting, and operational performance oversight.
Your Responsibilities
Manage a department of 4-5 people.
Financial reporting
Review and approve month end financial results of North American Divisions. This includes understanding the root causes of any variances and related corrective actions being taken by the divisions, summarized and reviewed with the Exteriors executive leadership team.
Review and approve the division’s controller model files (annual financial audits).
Support ongoing effective internal controls throughout the divisions.
Support timely closure in internal audit findings at the divisions.
Identify and analyze various KPIs to explain variances, identify trends, risks & opportunities, and insights that can yield operational improvements in the divisions.
Budgeting and forecasting
Review and approve weekly, quarterly, and yearly forecasts/budgets for the divisions, understanding root causes of any variances and corrective actions taken.
The forecasts/budgets are consolidated into a North America regional presentation for the Exteriors executive leadership team and Magna executive team as required.
Identify, quantify, and articulate significant risks and opportunities to executive leadership team.
Operational performance oversight
Cheque signer
Review and approve quote capital requests submitted by the divisions, validating the costing, capital, ED&D and other investments.
Review and approve capital requests submitted by the divisions, ensuring adherence to Capital Expenditure budgets/forecasts.
Support continuous improvement processes with the divisions, validating savings and overseeing the divisions management of this process.
Identify and create business cases to optimize the financial performance of the divisions.
Support the closure of the divisions open commercial issues.
Complete benchmarking analysis to help identify divisional best practices.
Review divisional practices to drive towards optimal working capital levels.
Actively manage and support the improvement of underperforming divisions.
Other analysis as required.
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.
Your preferred qualificationsTo 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/Skills –
Bachelor’s Degree in Accounting or Finance (accounting designation preferred).
Ability to understand manufacturing operations and their impacts on financial statements.
Ability to create business cases that drive financial improvements based on knowledge of operations.
Strong initiative and judgment.
Exceptional communication skills both verbal and written.
Excellent organizational and interpersonal skills along with strong time management and problem-solving abilities.
Ability to work independently with minimal supervision under pressure of deadlines while maintaining high accuracy.
Team player, highly motivated, with experience in maintaining confidentiality, discretion, and integrity.
Customer-focused, able to interact effectively with all employee levels positively and cooperatively.
Ability to exercise initiative, common sense, and maintain effective internal and external working relationships.
Consistent demonstration of flexibility and versatility.
Experience –
Minimum of 10 years related experience. Preference for experience as divisional controller of a large manufacturing operation.
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.
Who we are looking forKey Behavioral Traits for Success –
Business Acumen: Ability to focus on delivering services that enhance profitability and maximize organizational value.
Entrepreneurial Drive for Results: Ability to find creative solutions and generate results in a dynamic market environment.
Influencing & Communication Skills: Strong interpersonal skills for forging alliances with internal & external groups.
Technical / Functional Understanding: Ability to serve as a source of technical issues & perspective to others, demonstrating breadth of knowledge outside of core specialty.
Site Benefits
Comprehensive Medical, dental, and vision plans.
401 (k) plan with employer matching.
Profit sharing program.
Exciting internal development opportunities.
Cafe.
Parking for electric vehicles.
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 based on experience and qualifications, regardless of 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.
#J-18808-Ljbffr