Magna

Sr. Projects & Capital Analyst

Magna$75K — $95K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or General Business (with relevant Finance experience)
  • Over 6 years of experience in cost estimating, financial modeling, fixed assets, project controlling, accounts payable, or accounts receivable
  • Proficient in SAP, MS Office Suite, and One Stream software
  • Fluent in English
  • Manufacturing plant experience preferred
  • Onsite work required with flexible remote options
  • Certification as a CMA or MBA is desirable

Responsibilities

  • Perform monthly and mid-month accounting duties related to fixed assets, leases, accounts receivable, and accounts payable.
  • Enact asset capitalizations, depreciation, and disposal actions.
  • Analyze financial data to support quotes for new opportunities at MPT Shelby plant.
  • Ensure adherence to CalcIt and SCS standards for quote financial preparations.
  • Control and reconcile project budgets in Magna Capital System with SAP.
  • Act as liaison between the Ramos shared service team and plant, resolving issues.
  • Delegate quote activity through coordination with sales and engineering teams.
  • Manage fixed assets and leases from project approval to disposal.
  • Complete annual internal controls and audit requirements for the department.
  • Assist the Assistant Controller in cost reporting and inventory control.

Benefits

  • Regular permanent position with job stability
  • Opportunity to work closely with senior management and cross-functional teams
  • Engagement in continuous learning and development under experienced professionals
  • Ability to make a substantial impact on the financial operations of a manufacturing plant
  • Flexible ad hoc work-from-home options as needed
Full Job Description
Job Responsibilities:

  • Perform mid-month, month end, forecast and budget duties related to fixed assets, leases, accounts receivable and accounts payable.
  • Enact capitalizations, asset tag assignment (including audits), depreciation, and disposal actions - essentially all fixed asset accounting.
  • Prepare financial analysis to quote new opportunities for MPT Shelby plant with support from Plant Controller and Troy Program Controlling, Advanced Manufacturing Engineering, and Program Management.
  • Adhere to CalcIt and SCS standards to ensure consistency in quote financial preparations for prioritizing capital spend.
  • Control project budgets in Magna Capital System (MCS), reconcile to SAP project module, work with program manager for Planview inputs and report out to Plant General Manager monthly.
  • Act as the plant liaison between Ramos shared service team and plant. Problem solve issues between shared service function and local staff (past due items with customers or suppliers).
  • Quote activity will be delegated by the plant controller after alignment with Troy sales, advanced manufacturing engineering, program controlling, and program management teams.
  • Process costing calculations for supplier quality issue debits and ensure collection.
  • Manage fixed assets and leases with Senior Manager Program Management and Plant Controller from project approval until asset disposal.
  • Complete annual internal controls requirements such as tax packages, controllers model file, annual physical inventory, monthly balance sheet reconciliations, regular internal audit requests, Magna minimum control procedures and assigned items.
  • Conduct departmental controller duties by working with assigned plant staff leader.
  • Possess an ability to adapt and learn new systems quickly with an open curiosity for learning the business.
  • Be an apprentice to the Assistant Controller on cost reporting, inventory control, and consolidation reporting.

Adhere and participate in assigned MAFACT and certification efforts.

Minimum Requirements
  • Bachelor's degree in Accounting, Finance, or General Business (with appropriate Finance experience)
  • Over 6 years of experience with a blend of cost estimating/financial modeling, fixed assets, project controlling, A/P, A/R, or general accounting
  • Experience with SAP, MS Office Suite, One Stream software
  • Fluent in English language
  • Manufacturing plant experience is desired
  • Ability to be onsite daily other than ad hoc work from home flexibility
  • Preference would be given to a Certified Management Accountant (CMA) or Masters of Business Administration (MBA)

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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