Magna

Program Controller

Magna$95K — $115K *
Troy, MI 48085In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, or related field required.
  • 5+ years experience in the automotive industry or equivalent.
  • Financial background preferred, with a focus on cost accounting.
  • Advanced Excel skills and proficiency in Microsoft Office required.
  • Willingness to travel; knowledge of Spanish or German is an asset.

Responsibilities

  • Support sales and program management with accurate and timely customer quotes.
  • Execute financial quoting activities for the GPMS quote process.
  • Maintain accuracy of program financials through regular updates and reports.
  • Develop and improve quote cost models and financial tools.
  • Generate financial analysis and provide advice to project teams.
  • Prepare financial information and cost breakdowns for customer negotiations.
  • Produce monthly and quarterly reports for management to facilitate decision-making.

Benefits

  • Positive work environment fostering respect and cooperation.
  • Health and Safety compliance responsibilities in place.
  • Support for professional development and adherence to quality management principles.
Full Job Description
Job descriptions may display in multiple languages based on your language selection.

Job Responsibilities:

Mission of the Position:

- Supports sales management as well as program management to deliver accurate, on time quotes to the customer while satisfying financial key figures for each project.

- Execute financial quoting activities and support the GPMS quote process.

- Maintain and ensure accuracy of program financials (lifetime view) through regular program updates and reports.

Key Responsibilities:

- Quoting process:
  • Support the implementation of new processes, standards to support the Global Quoting Process from a financial perspective.
  • Improve the quote cost models and other finance tools.
  • Ensure all costs are accurate and included in the cost model.
  • Support Sales with contracts regarding fixed cost clauses, financial terms, and conditions, etc.

- Financial analysis and financial steering of projects:
  • Generate financial analysis and sensitivity analysis of projects.
  • Provide the project team with financial advice.
  • Analysis of business cases.

- Cost break-down & other financial information for customers:
  • Support the program team in generating "Cost break downs" for the customer.
  • Prepare financial information to support sales negotiation.

- Preparation of data for the management:
  • Generate monthly/quarterly reports for as needed by Management to enable right decisions. Support budget process

- Preoperational cost tracking:
  • Support pre-operational cost tracking and reporting.

- Other duties as assigned.

Customers and Business Interfaces:
• Advance Manufacturing Engineering
• Product Engineering
• Program Management
• Launch Management
• Purchasing
• Sales
• Logistics
• Core Tech
• Vertical Integration

Requirements and Qualifications:

- Bachelor's degree required - Business / Finance and Related disciplines.

- Five (5) plus years' experience in automotive industry or equivalent.

- Financial background favored.

- Cost Accounting desired

- Willingness to travel.

- Spanish and/or German language is an asset.

- Must have advanced Excel skills, be computer literate and have experience in Microsoft Office.

- Must have the ability to balance multiple tasks.

Magna Standards:
• Practice and maintain integrity while following Magna's Charter and Constitution.
• Follow Magna's Code of Conduct and Ethics and related compliance policies.
• Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
• Drive the development of new technologies to improve quality, efficiency and reduce cost.
• Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
• Health & Safety responsibilities:
  • Understand applicable Environmental, Health & Safety policies and procedures in the workplace.
  • Report unsafe conditions immediately.
  • Report injuries, accidents, illnesses, near misses, property damage immediately.
  • Follow safety rules.
  • Comply with requirements for the use or operation of machines or equipment.
  • Comply with Personal Protective Equipment (PPE) requirements.

• Create a positive work environment by demonstrating and sharing functional/technical knowledge.
• Develop and maintain a responsive and cooperative working relationship with internal and external customers.
• Treat everyone with dignity, trust and respect.
• Complete additional duties and responsibilities as assigned.

Work Environment:
  • Office environment: 20% travel required.
  • While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.


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

This job description reflects the core elements of a position. There may be additional requirements based on local laws and regulations which could be attached as an addendum.
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
5 Year Trend
-0.1%
NASDAQ

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