Jobs · Finance · Michigan

Manager, Procurement Reporting & Controlling

Magna International · Troy, MI · 2 days ago
FinanceFull-time

About the role

The Manager Procurement Reporting & Controlling ensures financial transparency, credibility, and performance steering of global procurement activities across all product groups and divisions. Operating from a corporate governance role in a highly decentralized organization, the position enables fact-based decision-making by establishing standardized savings tracking, KPI frameworks, and reporting, while partnering closely with Group Procurement and Finance.

Responsibilities

  • Savings, Performance & Transformation Controlling - Own global procurement savings tracking, including methodology, validation, reporting, and continuous improvement. Act as Project Controller for corporate and cross-group procurement and transformation initiatives. Provide clear plan vs. actual transparency, bridge savings to budget and P&L, and flag risks early and ensure financial credibility.
  • Reporting, Analytics & KPI Steering - Deliver monthly procurement performance reporting for executive and cross-group steering. Design and maintain a standardized global procurement KPI framework (e.g., savings, sourcing pipeline, spend coverage, compliance) and act as single source of truth for procurement performance data and dashboards. Drive development of the Procurement Savings Tracking Tool and procurement analytics.
  • Cost Center, Budget & Commitment Controlling - Control Corporate Procurement cost centers, including budget planning, forecasting, and variance analysis. Increase transparency on procurement investments and transformation ROI. Finance Business Partner to Procurement leadership, consolidating plans and commitments across groups.
  • Financial Impact of Disruptions & Material Topics (e.g., Tariffs) - Provide transparency on the financial impact of supply disruptions, cost increases, and tariffs. Support scenario analyses and escalation-ready reporting for Procurement and Finance leadership.
  • Governance, Standards & Continuous Improvement - Define and maintain global standards, playbooks, and guidance for procurement reporting and savings tracking. Drive standardization, automation, and continuous improvement of procurement reporting processes.

Requirements

  • Bachelor's degree in Supply Chain Management, Business, or related field
  • 7+ years’ experience in Purchasing/Plant Controlling and Reporting
  • Strong knowledge of Supply Chain principles and procurement strategies
  • Experience with ERP systems and other supply chain management software
  • Strong analytical, problem-solving, and decision-making skills
  • Effective communication and negotiation skills

Qualifications

  • Automotive industry background

Benefits

  • Comprehensive medical, dental, and vision plans
  • 401(k) plan with employer matching
  • Exciting internal development opportunities
  • Coffee and Elective Vehicle Parking

Group

Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

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