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:
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
Job Responsibilities:
About the Role
Reporting into the Financial Controller, working within the finance team, you will assist with preparing relevant, timely and accurate information and analysis for management decision making.
Your Responsibilities
- Assist with the preparation and reporting of the actual plant financial performance on a monthly basis.
- Preparation of period, quarter and annual financial packs, including financial and operational KPI's
- Variance analysis against budget and standard costs - review and explain costs variances including material usage, purchase price, productivity, etc.
- Analysis and interpretation of actual spends against budgets to ensure control of departmental spends.
- Responsible for internal costing process, working with the Commercial department.
- Initiation, control and reporting of capital expenditure projects and post-implementation appraisals.
- Analyse product profitability against QAF
- Foreign currency cashflow forecasts and preparation of currency hedging requirements.
- Reporting and control of working capital levels and cashflow to plan/forecast.
- Assist with the forecasting of the plant financial performance on a weekly and quarterly basis.
- Assist with the completion of the annual budget and business plans.
- Work with the internal and external audit teams to ensure compliance against all relevant IFRS
- Maintain Magna's Sarbanes-Oxley Minimum Checklist Requirements (internal controls)
- Involvement with continuous improvement (CI) projects, monitoring and reporting cost savings.
- Maintain & develop bill of material (B.O.M) to support inventory valuation
- Support quarterly and annual inventory counts including root cause analysis and corrective actions of variances.
- Provide leadership for the finance team and support the SMT in absence of FC
- Ensure a safe working environment and excellent housekeeping standards
- Other duties commensurate to the role
Who we are looking for
Knowledge and Education
- Working knowledge of UK regulatory standards, including IFRS and Sarbanes-Oxley
- Ability to work to meet strict deadlines and exceed under pressure
- Part Qualified CIMA/ACCA
- Financial Degree/ AAT qualification
Work Experience
- Experience of a similar role within manufacturing preferably within the automotive industry
- Experience of working with KPIs and developing internal performance measurement tools - Both financial and nonfinancial
- Experience of B.O.M's and inventory control
- Experience of auditing processes and procedures
Skills and Competencies
- Excellent communication skills with the ability to deliver information in a concise manner.
- Ability to challenge, train and educate work colleges in a constructive manner regarding all financial matters.
- A proactive approach to change with an ability to develop subordinates.
- An ability to analyse plant costs and provide data to demonstrate profitability status across multiple product ranges.
- Accuracy in all areas and reports with an ability to analyse, interpret & present data.
- Tenacity, drive and an ability to work under pressure to achieve demanding deadlines.
- Excellent inter-personal skills and relationship building, able to constructively challenge people within non-financial departments.
- A positive demeanor with a keen interest in and developing staff.
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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Exteriors
