Assistant Controller

About the role

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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

Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Job Responsibilities

• Manage all accounting functions to ensure transactions are recorded properly, timely, and in accordance with GAAP.
• Perform month-end and year-end closing procedures including preparation of journal entries, account reconciliations, variance analysis, as well as supplemental analysis and reporting.
• Report operational results by preparing income statements, balance sheets, and various supporting statements to local, regional, and corporate management.
• Maintain fixed asset listings and reconcile them to general ledger.
• Compile year-end Controller's Model File to support external audit function; provide additional information to auditor as needed.
• Prepare and facilitate a seven-year business plan on an annual basis. Ensure adherence to plan by making recommendations as necessary. Prepare and facilitate quarterly forecast reviews.
• Monitors sales and cost of sales to ensure accurate reporting of contribution margins. Maintain a capital system (MCS).
• Develop, implement, and monitor systems to maintain adequate and effective internal control processes and procedures.
• Responsible for effective facilitation of internal compliance audits.
• Assist with completion of regulatory filings for government programs.
• Maintain a general ledger chart of accounts.
• Always protect and maintain organizational confidentiality.
• Evaluate current processes and propose improvements to increase efficiency.
• Help on special projects as requested by the local leadership teams, the Global Director - Finance, and/or Corporate.
• Reconcile and ensure accuracy of recorded time and job costs.
• Comply with federal, state, and local legislative requirements and advise management accordingly.
• Responsible to lead, develop, inspire and motivate finance staff through effective onboarding, training and continual development, coaching and mentoring, rewards and recognition, and by conducting all required performance related actions in accordance with the company's practices and standards of excellence.
• Perform additional duties as assigned.
• Act with honesty and integrity and make ethical business choices in accordance with Magna's Compliance Policies and Procedures.
• Perform any/all other duties as assigned.
• Education Required: Bachelor's Degree in Accounting or Finance.
• Education Preferred: Master's Degree.
• Minimum of five to seven (5-7) years of related experience required.
• Minimum of three (3) years of supervisory experience preferred.
• Related manufacturing environment experience.
• Prior experience supervising the processing of payroll with ADP, Dayforce/Workday or similar outsourced payroll provider.
• Proven SAP experience.
• Prior experience with OneStream reporting
• Significant hands-on experience using an integrated ERP system.
• Solid understanding of manufacturing operations, inventory and cost accounting
• Understanding of U.S. GAAP as it applies to a manufacturing environment is required.
• Strong analytical, communication, organizational, and problem-solving skills.
• Extraordinary interpersonal skills to work in conjunction with other departments.
• Must be a team player who also works well independently.
• Must be able to analyze data, draw conclusions, interpret results, and make recommendations.

Awareness, Unity, Empowerment

• At Magna, we believe that a diverse workforce is critical to our success.
• Magna takes the privacy of your personal information seriously.
• We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters.

• Final decisions are always made by the hiring manager and the hiring team.
• Importantly, no applicant data is shared externally through these AI tools.
• All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

• Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
• If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
• Worker Type: Regular / Permanent
• Group: Cosma International