Assistant Controller

Magna International

Lancaster (OH)

On-site

USD 65,000 - 85,000

Full time

14 days+

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Benefits offered by this job

Medical/Dental/Vision/Prescription
401k with a company match
Flexible Spending Account
Profit Sharing
Tuition Reimbursement
Vacation based on length of service
10 Paid Holidays
3 Paid Personal Days

Job summary

Magna International in Lancaster, Ohio, is seeking an experienced financial professional to develop and maintain financial systems in compliance with corporate policies and standards. This role requires strong analytical and organizational skills, with at least 5 years of industrial accounting experience, ideally in the auto parts sector.

The ideal candidate will enhance management information systems, ensure accurate records, and manage cash flows effectively, supporting a collaborative work environment.

Qualifications

  • Minimum of 5 years post-qualification experience in industrial accounting.
  • Experience in auto parts manufacturing is an asset.
  • Ability to maintain confidentiality.

Responsibilities

  • Develop and maintain financial systems and procedures.
  • Ensure accurate and consistent accounting records.
  • Manage funds flow, including cash and accounts receivable.

Skills

Analytical skills
Communication skills
Attention to detail
Organizational skills
Microsoft Office proficiency
Ability to work in fast-paced environments

Education

University degree or College Diploma in Business or Accounting
Professional accounting designation (CMA, CGA or CA)

Job description

General Duties
  • Develop and maintains on-going evaluation of financial systems and procedures in compliance with generally accepted standards for financial control and corporate policies.
  • Complete, accurate and consistent accounting records.
  • Complete, accurate, timely, consistent and relevant management information.
  • Strong, cooperative relationship with Magna Seating Systems/Intier and Magna Finance functions.
  • Favorable audit reports.
  • Continuous improvement in financial management strength within the Finance Function and among Operations Managers.
  • Efficient and effective financial planning processes.
  • Effective management of funds flow including; cash, accounts receivable and collections, and accounts payable and disbursements.
  • Development and maintenance of MSC (Magna Seating Columbus) Business planning process.
  • Ensures complete, accurate, timely, and consistent recording and summarization of financial control and corporate policies.
  • Develop and ensure the proper maintenance of control systems to safeguard assets and to effectively monitor operations.
  • Participate in weekly IT meetings with Controller and IT team.
  • Participate, adhere and develop operating procedures as part of the company’s ongoing implementation of ISO 14001/IATF 16949 activities.
  • Adheres to all MAFACT requirements
  • Abide by all AODA and C-TPAT procedures that apply to their position
  • Ensures all administrative duties are completed as required and that work is completed on time as scheduled, and is thorough, accurate and complete.
  • Conducts performance reviews informally or formally as required and ensures performance reviews are completed for all employees.
  • Other duties as required.
Required Knowledge, Skills and Abilities
  • University degree or College Diploma in specialized occupational field (i.e. Business, Accounting).
  • Professional accounting designation (CMA, CGA or CA).
  • A minimum of 5 years post qualification experience in industrial accounting in the manufacturing sector. Experience in auto parts manufacturing is an asset.
  • Practical experience with computers and Microsoft Office.
  • Good math skills and the ability to analyze data.
  • Strong listening and communication (verbal and written) skills.
  • Attention to detail and strong organizational skills.
  • Ability to work well in a fast-paced environment and with a variable workload (flexible hours).
  • Ability to understand, anticipate and follow direction while exercising maturity of judgement.
  • Must be able to interact effectively with other team members.
  • Ability to maintain confidentiality, and use discretion and tact.
  • Physically capable of performing essential duties of the job.
Benefits
  • Medical/Dental/Vision/Prescription
  • Short and Long term disability
  • Company paid life insurance and AD&D coverage
  • 401k with a company match
  • Flexible Spending Account
  • H.S.A (with qualifying medical plan)
  • Profit Sharing (after 2 years service)
  • Plant Quarterly Bonus opportunity
  • Safety Shoe Allowance
  • Vacation (based on length of service)
  • 10 Paid Holidays
  • 3 Paid Personal Days, 1 sick day
  • Tuition Reimbursement
  • Magna Family Scholarship Program
Equal Opportunity & Diversity Statement

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.

Candidates must be able to show proof of authorization to work in the U.S.

Worker Type: Regular / Permanent

Group: Magna Seating

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