Magna

Plant Controller

Magna • $95K — $115K *
Muncie, IN 47304In-Person
Manufacturing & Automotive
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; CPA preferred.
  • 7+ years of accounting experience, with at least 3 years in manufacturing or automotive.
  • Prior supervisory or team leadership experience required.
  • Strong knowledge of GAAP, cost accounting, and financial reporting.
  • Experience with ERP systems (preferably SAP) and advanced Excel skills.
  • Excellent communication skills for presenting financial data.
  • Experience in audits, compliance, and regulatory reporting.

Responsibilities

  • Oversee all accounting operations for the plant, including general ledger and accounts payable.
  • Prepare and analyze financial statements and reports on a monthly, quarterly, and annual basis.
  • Ensure compliance with internal controls and corporate policies.
  • Administer cost accounting systems to ensure accurate product costing and variance analysis.
  • Lead the plant budgeting and forecasting process, including variance reporting.
  • Provide financial analysis for operational performance and capital investments.
  • Monitor cash flow and plant financial performance.

Benefits

  • Opportunity for professional growth and development.
  • Collaboration with cross-functional teams.
  • Mentorship and training for accounting staff.
  • Exposure to process improvement initiatives.
Full Job Description
Job descriptions may display in multiple languages based on your language selection.

Job Responsibilities:

Scope of Position
  • Manages accounting and financial policies, procedures and practices to ensure adequate control, recording, reporting and analysis of the company's business transactions, operating results, assets and liabilities. Analyzes trends to report to management. Administers planning and budgeting systems and general/cost accounting functions in a plant.


Minimum Requirements
  • Bachelor's degree in Accounting, Finance, or related field; CPA preferred.
  • 7+ years of accounting experience, including at least 3 years in manufacturing or automotive industry.
  • Prior supervisory or team leadership experience required.
  • Strong knowledge of GAAP, cost accounting, financial reporting, and internal controls.
  • Experience with ERP systems (SAP preferred) and advanced Excel skills.
  • Strong analytical, problem-solving, and decision-making skills.
  • Excellent communication skills, both written and verbal, with ability to present financial information to non-financial personnel.
  • Knowledge of budgeting, forecasting, and variance analysis techniques.
  • Ability to work under tight deadlines and manage multiple priorities.
  • Experience with audits, compliance, and regulatory reporting.

Job Specific Responsibilities
  • Oversee all accounting operations for the plant, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets.
  • Prepare and analyze monthly, quarterly, and annual financial statements and reports.
  • Ensure compliance with internal controls, corporate policies, and external regulations.
  • Administer cost accounting systems and procedures to ensure accurate inventory, product costing, and variance analysis.
  • Lead the plant budgeting and forecasting process, including variance analysis and reporting.
  • Provide financial analysis to support business decisions, including operational performance, capital investments, and cost reduction initiatives.
  • Monitor cash flow, working capital, and plant financial performance.
  • Manage internal and external audits, including preparation of schedules and documentation.
  • Develop and maintain accounting policies, procedures, and standards to improve efficiency and compliance.
  • Mentor and develop accounting staff, including performance management and training.
  • Collaborate with plant management, finance, and corporate teams to support operational and strategic objectives.
  • Implement and maintain financial reporting tools and dashboards for operational decision-making.
  • Review and approve journal entries, reconciliations, and account analyses.
  • Participate in process improvement initiatives, including automation of accounting processes and system enhancements.
  • Evaluate financial risks and provide recommendations to mitigate exposure.
  • Support month-end, quarter-end, and year-end close processes.
  • Provide guidance on cost management, productivity improvement, and operational efficiencies.
  • Ensure timely and accurate reporting of plant performance metrics to corporate finance.
  • Maintain knowledge of industry best practices, accounting regulations, and emerging trends.


Worker Type:

Regular / Permanent

Group:

Magna Powertrain

About Magna

Magna Careers

Join Magna’s dynamic team of professionals and be part of a company that’s leading the way in automotive innovation. At Magna, we offer unparalleled job opportunities in an environment that values diversity, leadership, and growth. Work You’ll Do At Magna, we are committed to fostering an inclusive culture where every team member is empowered to contribute, innovate, and excel. We believe that diverse perspectives lead to groundbreaking ideas and better decisions. Joining our team means you’ll work alongside some of the industry’s most talented professionals, using state-of-the-art technology to create revolutionary automotive solutions. Lead in a Unique Market Position Magna stands at the forefront of the automotive industry, combining advanced technology, deep industry expertise, and a commitment to innovation that drives us forward. As a leader in our field, we offer careers that are not just jobs, but pathways to personal and professional growth. Explore Magna’s Job Opportunities Whether you’re looking for a position in engineering, design, production, or management, Magna has a place for you. Our global presence offers a wealth of opportunities for career advancement, professional development, and networking. From internships that provide real-world experience to leadership roles that challenge your skills, Magna is dedicated to helping you reach your full potential. Innovative Work Environment Magna is committed to innovation and excellence. Our team is constantly pushing the boundaries of what’s possible in the automotive world, making it an exciting place to grow your career. We encourage creativity and initiative, and we reward our employees with the benefits and support they need to succeed both professionally and personally. Be Part of a Great Team At Magna, you’ll find a collaborative environment that values teamwork and open communication. Our employees share a common goal: to lead the industry through innovation, efficiency, and sustainability. With diversity training and a focus on inclusive employment practices, Magna is a place where everyone can thrive. Future-Proof Your Career With Magna, you’re not just finding a job; you’re building a career. We offer extensive training and development programs to help you continue learning and evolving as a professional. With opportunities for advancement and a culture that promotes from within, Magna empowers you to design a career path that meets your ambitions. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are always on the lookout for passionate, curious, and innovative team players. Explore the possibilities that Magna offers. SEARCH MAGNA JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Magna.
Learn more about Magna
Size
161,000 employees
Market Cap
$15.9 billion
Industry
Manufacturing & Automotive
5 Year Trend
-0.1%
NASDAQ
MGA
* Ladders Estimates

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