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Manager, IT Finance

Job Number:  61171
Group:  Magna Corporate
Division:  Magna IT USA - Troy
Job Type:  Permanent/Regular

Troy, MICHIGAN, US, 48083

Work Style: 

Group Description

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.


Role Summary

The IT Finance Manager plays a key role in supporting the Magna IT team in managing the business and improving the overall financial performance.  Reporting to the Director of Finance, they provide Global Support to specific IT functional areas. This role will also provide local support to the global accounting lead for Magna IT.

Key Responsibilities

•   Responsible for the Controlling processes for assigned IT functional and regional areas such as monthly, quarterly, and year-end reporting, business planning, project accounting and capital expenditure tracking
•   Partner with the Magna IT team and provide them with management reporting, business analysis for business decisions and support of pricing calculations
•   Work with other corporate functional departments such as Corporate Tax or Treasury to ensure that MIT meets internal requirements such as transfer pricing requirements

Skills & Competencies

•   Pragmatic, self-starter with strong analytical skills to identify core issues. Strong problem-solving ability to come up with practical solutions that work for the business
•   Strong communication skills, including the ability to communicate complex issues clearly and persuasively
•   Ability to build solid relationships and to influence across a diverse group of business people with a wide array of professional backgrounds, including executive management
•   Strong organizational skills with ability to coordinate and complete multiple tasks within and across departments to meet established and changing deadlines
•   Strong computer skills: advanced Excel, PowerPoint, data warehouse and ERP systems


•    Professional Accounting Designation including a Bachelor Degree in Accounting or Finance; or equivalent combination of education and experience

Work Experience

•  Minimum 8 years’ relevant experience in Accounting and Finance with a thorough knowledge of financial and accounting practices & procedures
•  Proven record of supervisory experience (minimum 2 years)
•  Accounting experience to include overseeing/managing company financial summaries such as month-end, year-end and operation reviews, year-end auditing process, general accounting, developing business plans, and analysis of balance sheets, income statements and cash flow  
•  Experience working with virtual teams an asset

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: Troy
Nearest Secondary Market: Detroit

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