Controller - Finance Department Leader

Job Number: 56835

Group: Cosma International

Division: Bowling Green Metalforming

Job Type: Permanent/Regular

Location: BOWLING GREEN

Group Description

Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Role Summary

The Finance Department Leader is responsible for performing various functions that will help guide and foster a team spirit that supports both the Employee Charter and the goals of Bowling Green Metalforming. The Finance Department Leader is expected to initiate solutions to an array of situations and maintain confidentiality. The Finance Department Leader will have excellent presentation, motivational and team building skills. This position requires a motivated self-starter who can balance multiple tasks in a fast-paced manufacturing environment with a positive, cooperative attitude.

Key Responsibilities

• Assist in the development of department team members
• Correlate with the team to achieve targets and objectives within the department
• Provide monthly, quarterly, and annual financial roll analysis required by Group Office
• Know and understand Bowling Green Metalforming Quality and Environmental policies.
• Provide support for BGM incentive programs.
• Follows and supports and Magna’s operating principles
• Work closely with Divisional counterparts and other divisions to achieve and attain savings benefiting Company targets and objectives.
• Develop programs for Cost Savings and Cost Avoidance tracking, continuous improvement, establish procedures and job training.
• Satisfy all regulatory process requirements for the position.
• Participate in recruiting of new team members by conducting interviews as required.
• Perform other duties as assigned.
• Communicate and foster strong working relations with individuals, teams, and the overall department resulting in positive employee relations
• Establish processes satisfactory to internal and external regulatory requirements
• Prepare annual property tax return
• Prepare reports and present recommendations to top management
• Investigate variances and make recommendations for cost reductions
• Develop long term budget plan together with the Department Leader for the Department to control expenditures, assisting the Company and the Steering Team to achieve financial targets and objectives.
• Responsible for the implementation of adequate professional practices in all departmental related issues.
• Provide support to the Department through SAP system process improvements and automation of reports
• Review and analyze monthly financial statements and forecasts
• Develop, and foster strong working relations with individuals, teams, and overall department; carry out performance assessments, establish development/training requirements of the departmental team; and implement corrective measures if required in order to sustain effectiveness of services provided.
• Participate in short and long-term supplier price reduction initiatives with engineering and materials departments in order to optimize products being purchased as well as reducing cost from the supply chain flow.
• Perform inventory, capital, and tooling management
• Prepare the annual financial budget and 5-year plan.

(This job description in no way implies that these are the only duties to be performed in this position. Team members will be required to follow any other job related instructions or to perform other job duties requested by their leader)

Key Qualifications/Requirements

Education and/or Experience:

Bachelor’s degree- Finance or Accounting required

Experience In a High-volume Automotive Manufacturing Environment Preferred

Post-secondary education corresponding to the position preferred

Five to ten years related experience and /or training preferred

Experience working with costing in a manufacturing environment including stamping, assembly, welding, and painting of complex components

Knowledge, Skills And Abilities

Computer skills; proficient in Microsoft Word and Excel preferred

Ability to operate standard office equipment preferred

These qualifications represent the minimum requirements of the position. Team members will be required to possess the ability and aptitudes to perform the duties proficiently.

Additional Information

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.