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Program Financial Analyst

4 months ago

Troy, Michigan, United States Magna International Full time

Job Number: 66159
Group: Magna Electronics
Division: Magna Electronics Auburn Hills
Job Type: Permanent/Regular
Location: AUBURN HILLS
Work Style:
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 Electronics leads the way in active safety technologies, revolutionizing the automotive industry and improving lives. With a strong focus on adapting ADAS systems and electronic solutions to any vehicle, we address a wide range of mobility and safety needs. As we build a safer, more intelligent, and connected mobility experience, Magna is dedicated to creating a better future for people globally.
About the Role
The Financial Analyst (FA) is a key member of the program cross-functional team (CFT). They are the key point of contact for all program financial metrics for the program lifecycle from award of business to end of life. They act as a business partner to the Program Manager and CFT. The FA supports decision making through monitoring of financial KPIs and ensuring decisions are data driven with the goal of improving program financials.
Your Responsibilities

  • Business Partner to the CFT for designated programs, and responsible for all financial activities on these programs, and responsible that all financial activities on these programs, as reflected in the Financial Panel charts, are well managed. These activities include, Product Design & Development (PDD) costs, production parts, tooling, prototypes, pre-production costs and program specific capital
  • Coordinates the receipt of all program costs required for quote capital, and review the latter for reasonableness
  • Maintains production part costs throughout the program life
  • Maintains and updates all cost forecasts in order to accurately project timing of engineering and capital (tooling & equipment) spend
  • Support accounts receivable team in the resolution of pricing discrepancies that arise from incorrect pricing, currency, effective dates, and quantities


Who we are looking for
Editable (max. 6 Bullets)

  • 4 year college degree, preferably in business or finance
  • Minimum 2 years of experience in costing/finance positions
  • Able to work in a global environment
  • Microsoft excel - expert level
  • Critical analysis skills
  • Strong interpersonal skills - Position interacts with all levels of the organization


Your preferred qualifications
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.
Site Benefits

• Flexible working hours and remote work to the extent of up to 40% of working hours for a good work-life balance

• Monthly companywide events

• An extensive training program and exciting internal development opportunities

• In addition to the statutory holiday entitlement, 12/24 and 12/31 are free of work and no vacation days have to be consumed for this purpose.
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