New Business Finance Manager

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.

Group Summary

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets. Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Responsibilities

• Support the Global organization on all “global quote” activities involving more than one region as well as “greenfield” opportunities.
• Develop and maintain the Commercial Finance Policy & Procedures (annual update of interest rates, discount rates, tax rates and accounting treatment guidelines by region and by country as required).
• Support the development and implementation of policy & procedures which promote best in class commercial performance (use of analytics, benchmarking information and other).
• Take lead role in the comparison of regional QCA submissions for the same program to ensure that the assumptions are consistent and that all differences can be explained as either regional market differences (labor rates…) or process driven differences in support of our NBO strategy.

Qualifications

• Minimum Bachelor’s Degree in Finance/Accounting/Engineering. CPA/MBA/Masters designation a plus.
• Knowledge of global automotive product program financials preferred.
• 10 years automotive program, product finance and costing experience. Including hands on customer commercial negotiation interface.
• Thorough user understanding of Microsoft and other business software applications.