Director, Global Business Services Finance & Controlling

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What we offer:

Group Summary:

The Director, GBS Finance & Controlling plays a key role in the financial management and strategic planning of Global Business Services (GBS) across North America, Europe, India and China. GBS provides Finance, Accounting and Human Resources services to the Magna organization.

Reporting directly to the VP Finance – Continuous Improvement, this hands-on leadership role is responsible for strengthening and developing the finance team while directly delivering core finance and controlling activities, including planning, analysis, reporting, controls, pricing, business case development, project controlling and cash flow management. The role partners closely with GBS business leaders to provide practical financial guidance, support informed decision-making and ensure regulatory compliance and the long-term financial health of GBS.

Your Responsibilities

Financial Planning and Analysis:

• Lead GBS Business Planning and Forecast process; full cycle (service/project pricing, strategic planning, detail operational plan and forecasting)
• Proper financial analysis, identifying risks and opportunities, and providing recommendations to improve financial performance and profitability.
• Monitor and analyze financial metrics, key performance indicators (KPIs), and financial trends.
• Ensure proper pricing of services/project hours
• Develop and evaluate business cases for various projects, providing clear financial assumptions, scenario analyses and recommendations.
• Lead project controlling activities, including budget tracking, variance analysis, financial performance monitoring and reporting.

Financial Reporting and Control:

• Preparation of accurate and timely financial statements, reports, and presentations for various stakeholders; attesting the financials properly reflect the business performance
• Ensure compliance with accounting principles, guidelines, and regulatory requirements.
• Establish and maintain effective internal controls to safeguard company assets.
• Strategic Financial Leadership:
• Provide strategic insights and financial expertise to support key decision-making processes.
• Build strong partnerships with GBS business leaders and cross-functional teams, developing a deep understanding of operations to evaluate business proposals, investments and potential acquisitions and provide practical, informed financial guidance.

Cash Flow Management:

• Manage cash flow, optimize working capital, and ensure adequate liquidity.

Team Leadership and Development:

• Strengthen, lead and develop a global team of financial professionals, providing clear direction, guidance and hands-on support.
• Foster a culture of excellence, integrity, and continuous improvement within the finance department.
• Identify talent gaps and develop succession plans to ensure the long-term success of the team.

Who we are looking for

• Bachelor’s degree in Finance, Accounting or a related field.
• Proven experience in a senior financial management role, preferably within manufacturing, automotive or a shared services environment.
• Strong knowledge of financial planning and analysis, financial reporting and internal controls.
• Extensive knowledge of accounting principles, consolidation, cost accounting, transfer pricing, taxation, regulatory compliance and financial management in an international business environment.
• Strong understanding of applicable accounting and reporting frameworks, statutory requirements, direct and indirect tax compliance, and financial statement and regulatory report preparation across jurisdictions.
• Exceptional analytical and problem-solving capability, with the ability to translate financial information into actionable business insights.
• Strong systems proficiency, including Excel, PowerPoint, data warehouse tools, OneStream and SAP.
• Proven leadership and people management capability, including experience developing high-performing finance teams.
• Ability to communicate and present effectively to senior executives and board members.

Your preferred qualifications

• MBA or advanced degree in Finance, Accounting or a related field.
• Experience supporting a global shared services organization across multiple regions and jurisdictions.
• Advanced proficiency with OneStream, SAP, Excel, PowerPoint and data warehouse environments.

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.

In addition, we offer you the following site benefits:

An overview of our benefits will be discussed during the recruitment process.

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire based on experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. 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.