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Plant Controller

4 months ago

Stanton, United States Magna International Inc. Full time
About us

We 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 Summary

Magna is an innovative leader in the development and manufacturing of seating structures, foam and trim, mechanisms, and complete seats for global automotive, heavy truck and bus industries. Seating is at the center of the consumer vehicle experience and our seating solutions are developed from consumer research, prioritizing comfort, convenience and connectivity.

About the Role

The Controller will manage accounting and financial policies, procedures and practices to ensure adequate control, recording, reporting and analysis of the company's business transactions, operating results, assets and liabilities. Administer planning and budgeting systems and general/cost accounting functions.

Your Responsibilities

· Oversee the day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger.

· Ensure all month-end close processes are followed and completed timely and accurately according to the closing calendar.

· Review month end results, understand variances to plan and summarize results for Division's Manager Team as well as Group's Management Team.

· Prepare, review and analyze monthly/yearly financial documents, trends and forecasting in production environment.

· Assist management with the preparation of annual Budget; provide financial expertise to analyze and interpret information that tracks Budget and implement programs to control and reduce costs.

· Train, manage, develop and supervise all accounting personnel.

· Communicate with Corporate, Management, Production, Engineering, and Quality regarding financial concerns.

· Actively implement and track all cost reduction programs.

· Follow and support Magna's operating principles and display the company's core values on a regular and consistent basis.

· Establish and maintain reporting systems for financial performance of the division.

· Forecast sales and business planning to meet financial targets established by Magna Seating.

· Develop Business Plan with fellow managers to record and improve financial performance of the division.

· Orchestrate month-end, quarter-end, and year-end closing while meeting all internal and external reporting deadlines.

· Review and approve capital requests, invoices, purchase orders, and inter-company charges.

· Develop, implement and update procedures for cost allocations between different internal divisions and departments.

· Coordinate with external auditors as required.

· Provide expertise in accounting principles.

· Ensure compliance with all General Accepted Accounting Principles (GAAP).

· Ensure compliance with Magna Ethical Business procedures.

· Maintain compliance with Mafact guidelines related to Finance.

· Implement key indicators to determine relevance to business plan.

· The following duties are normal for this position. These are not to be construed as exclusive or all inclusive. Other duties may be assigned and required.

Your preferred qualifications

· Bachelor's degree in Accounting/Finance.

· 10+ years' experience.

· Minimum of five years' experience supervising others.

· SAP experience preferred.

· Must have excellent communication skills both verbal and written.

· Must have good organizational skills.

· Advanced Microsoft Office software skills.

· Strong attention to detail.

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.

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.