Assistant Controller

Job description

Job descriptions may display in multiple languages based on your language selection. 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: The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling. Job Responsibilities: POSITION SUMMARY: Provides financial leadership and plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections necessary for the success of the Company. Prepares complex financial analyses for various business opportunities, assesses associated risks, and makes recommendations. Evaluates financial / operational results and controls and provides management with information for effective planning and audit of the organization. Manages and drives improvement in the financial systems including sales forecasting, planning, product cost estimating, operations controlling and manages the purchasing department. Plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections. Analyzes and interprets actual performance to plan, explains key variances, and makes recommendations for action. Assists and advises management in the evaluation of the financial aspects of existing and proposed business ventures (i.e.: cash flow, ROI, capital requirements, pricing, etc.). KEY FUNCTIONS & RESPONSIBILITIES: Establishing the strategic direction for the business. This activity includes: Establishing and reporting key financial measures to help guide decision-making. Developing cost and pricing strategies for various products and markets. Conducting financial analyses in support of strategic initiatives. Generates complex financial analyses for various product business opportunities including ventures, new plant start-ups or consolidations, and new product offerings. Assesses risk associated with analyses and makes recommendations. Assesses financial/operations results and controls in terms of costs, budgets, trends, etc. Makes recommendations for increased profit opportunities, more efficient asset utilization, etc. and provides management with relevant information for effective planning. Recommends financial opportunities and identifies potential risks. Administers and evaluates the business’ financial systems and controls and recommends and implements improvements as necessary. Key systems include Activity Based Management, Financial Evaluation System, planning and reporting processes, etc. Directs and has overall supervisory responsibility for the Accounting / Finance Department. Assists in developing pricing and providing cost estimates for all customer product quotations. Ensures that product financial evaluations meet established company financial mandates. Provides technical advice and services to operating and departmental managers, interpreting accounting reports and statements, and investigating action where financial conditions warrant. Sarbanes Oxley Champion. Performs other duties as necessary in support of business objectives. Ensures that facilities are in full compliance with all safety regulations. QUALIFICATIONS : Demonstrated knowledge of the fundamental doctrines, theories, principles, and terminology of accounting and finance . Demonstrated strong leadership skills with the ability to clearly communicate a vision, educate individuals and teams, and influence decisions. Ability to respect and maintain the confidential nature of the data processed. Working knowledge of financial and non-financial measurements systems, lean manufacturing practices and cost management systems strongly preferred. Ability to establish goals and guide strategic and operational planning in the finance organization. Performs other duties as necessary in support of business objectives. Demonstrated high degree of analytical and evaluation skills . EDUCATION & EXPERIENCE Bachelor’s degree in accounting plus four years experience with at least three years in a supervisory capacity; or equivalent. Completion of the CMA, CPA, or MBA program. Proven experience in a manufacturing company, including working knowledge of operations controlling systems, cost estimating systems, financial measurement and evaluation techniques and product pricing/market strategies. Experience in departmental administration and supervision of other employees. 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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law. Worker Type: Regular / Permanent Group: Magna Mechatronics, Mirrors & Lighting