New Business Finance Manager

Magna International, Inc

Troy, Michigan

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JOB DETAILS

SKILLS

Accounting, Aerodynamics, Automotive Industry, Automotive Technology, Benchmarking, Business Administration, Business Skills, Business Solutions, Certified Public Accountant (CPA), Communication Skills, Entrepreneurship, Finance, Financial Management, Financial Policies, Financial Procedures, Interest Rates, Interpersonal Skills, Manufacturing Assembly, Microsoft Product Family, Negotiation Skills, Physical Demands, Policy Development, Policy Implementation, Problem Solving Skills, Procedure Development, Procedure Implementation, Product Costing, Product Programs, Profit & Loss, Service Delivery, Standards Development, Tax Accounting, User Interface/Experience (UI/UX), Willing to Travel

LOCATION

Troy, Michigan

POSTED

30+ days ago

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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:

POSITION SUMMARY:

The New Business Finance Manager will support the Global organization on all "global quote" activities involving more than one region as well as "greenfield" opportunities. This position's responsibilities are as follows:

ESSENTIAL DUTIES & RESPONSIBILITIES:

Continue to develop quoting standards for each region and their respective divisions (QCA model, burden rate development....)

Train regional leads on all global standards so they can disseminate to the divisions in their respective regions.

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.

The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Skills/Special Knowledge - Minimum Bachelor's Degree in Finance/Accounting/Engineering. CPA/MBA/Masters designation a plus. Knowledge of global automotive product program financials preferred.

Experience - 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.

Physical Demands/Work Environment - Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require up to 10% -20% travel.

KEY BEHAVIORAL TRAITS FOR SUCCESS:

Business Acumen: Able to focus on delivering services in a way that enhances / maximizes profitability; ensure that team delivers service in a way that brings out the organization's value and competitive advantage; educate team on important developments within the organization; discuss relevant industry developments with team.

Entrepreneurial Drive for Results: The ability to find creative solutions and generate results in a dynamic market environment. Need to have a strong sense of urgency and the ability to infuse that in others.

Influencing & Communication Skills: Keen listening, open-mindedness, and strong interpersonal skills so that necessary alliances with internal & external groups can be forged and developed quickly. Comfortable communicating both formally and informally with senior executives and communicate openly and equitably with pee

About the Company

Magna International, Inc

We are a leading global automotive supplier with 347 manufacturing facilities and 94 product development, engineering and sales centres in 27 countries. We have over 159,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.

COMPANY SIZE

10,000 employees or more

INDUSTRY

Automotive and Parts Mfg

FOUNDED

1957

WEBSITE

http://www.magna.com/

New Business Finance Manager

Magna International, Inc

Troy, Michigan

About the Company

Magna International, Inc

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