Job description

Qualifications

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This position requires a motivated self-starter who can balance multiple tasks in a fast-paced manufacturing environment with a positive, cooperative attitude

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Bachelor’s degree- Finance or Accounting required

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Experience working with costing in a manufacturing environment including stamping, assembly, welding, and painting of complex components

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Team members will be required to possess the ability and aptitudes to perform the duties proficiently

Responsibilities

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The Finance Department Leader is responsible for performing various functions that will help guide and foster a team spirit that supports both the Employee Charter and the goals of “client”

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The Finance Department Leader is expected to initiate solutions to an array of situations and maintain confidentiality

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Know and understand “client” Quality and Environmental policies

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Follows and supports and Magna’s operating principles

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Establish processes satisfactory to internal and external regulatory requirements

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Review and analyze monthly financial statements and forecasts

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Prepare the annual financial budget and 5-year plan

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Investigate variances and make recommendations for cost reductions

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Perform inventory, capital, and tooling management

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Prepare reports and present recommendations to top management

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Correlate with the team to achieve targets and objectives within the department

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Communicate and foster strong working relations with individuals, teams, and the overall department resulting in positive employee relations

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Develop, and foster strong working relations with individuals, teams, and overall department; carry out performance assessments, establish development/training requirements of the departmental team; and implement corrective measures if required in order to sustain effectiveness of services provided

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Satisfy all regulatory process requirements for the position

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Provide support to the Department through SAP system process improvements and automation of reports

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Provide support for BGM incentive programs

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Prepare annual property tax return

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Provide monthly, quarterly, and annual financial roll analysis required by Group Office

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Responsible for the implementation of adequate professional practices in all departmental related issues

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Develop long term budget plan together with the Department Leader for the Department to control expenditures, assisting the Company and the Steering Team to achieve financial targets and objectives

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Develop programs for Cost Savings and Cost Avoidance tracking, continuous improvement, establish procedures and job training

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Participate in short and long-term supplier price reduction initiatives with engineering and materials departments in order to optimize products being purchased as well as reducing cost from the supply chain flow

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Work closely with Divisional counterparts and other divisions to achieve and attain savings benefiting Company targets and objectives

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Participate in recruiting of new team members by conducting interviews as required

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Perform other duties as assigned

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Team members will be required to follow any other job related instructions or to perform other job duties requested by their leader)

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