Plant Finance Controller: Cost & Performance Leader

Magna International; Muncie (IN); On-site; USD 110,000 - 140,000; Full time

Job summary

Magna Powertrain in Indiana seeks an experienced accounting leader to oversee all plant accounting operations, including general ledger, payables, receivables, payroll, and fixed assets. You will ensure accurate financial reporting and strong internal controls in a manufacturing environment.

The role requires 7+ years in accounting, 3+ in manufacturing, and a CPA is preferred. SAP experience and advanced Excel skills are essential for budgeting and forecasting processes.

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, financial reporting, and internal controls.
• Experience with ERP systems (SAP preferred) and advanced Excel skills.
• Strong analytical, problem-solving, and decision-making abilities.
• 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.

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.

Skills

GAAP

Cost accounting

Financial reporting

Excel advanced

Audits

Budgeting

ERP SAP

Staff supervision

Analytical skills

Internal controls

Education

Bachelor’s degree in Accounting or Finance

CPA preferred

Tools

SAP ERP

Advanced Excel

Job description

Magna Powertrain in Indiana seeks an experienced accounting leader to oversee all plant accounting operations, including general ledger, payables, receivables, payroll, and fixed assets. You will ensure accurate financial reporting and strong internal controls in a manufacturing environment.

The role requires 7+ years in accounting, 3+ in manufacturing, and a CPA is preferred. SAP experience and advanced Excel skills are essential for budgeting and forecasting processes.