Finance Manager, IT & Controlling

Job Title

Manager, IT Finance & Controlling

Toronto, Ontario, Canada

CA$ - CA$ (2 weeks ago)

• Responsible for the Controlling processes for assigned IT functional and regional areas including monthly, quarterly, and year‑end reporting, business planning, project accounting and capital expenditure tracking while overseeing two direct reports.
• Partner with the Magna Global IT operational team to provide consolidated management reporting and business analysis for decision making and undergo detailed re‑pricing of services/rates.
• Manage yearly budget and quarterly forecast preparation for the assigned business unit, ensuring alignment with organizational goals for strategic planning and decision making.
• Prepare business cases for new initiatives and supplier contract renewals.
• Maintain, monitor, implement changes for financial reporting systems, acting as Finance team subject‑matter expert.
• Ensure compliance with accounting principles, guidelines, Magna finance policies and regulatory requirements and maintain effective internal controls to safeguard company assets.
• Preparation of ad‑hoc analysis and presentations for management and functional departments.
• Other responsibilities that may be assigned from time to time.

• Professional Accounting Designation including a bachelor’s degree in finance, accounting, business or a related field; or equivalent combination of education and experience.
• Minimum 8 years’ relevant experience in Accounting and Finance with at least 2 years of supervisory experience.
• Ability to build solid relationships to effectively collaborate with cross‑functional teams or other diverse groups of business people with a wide array of professional backgrounds, including senior management.
• Exceptional attention to detail and organizational skills, with the ability to coordinate and complete multiple tasks within established and changing deadlines.
• Strong proficiency in financial management software and ERP systems (e.g., SAP, data warehouse). Advanced Excel and PowerPoint skills and familiarity with data analysis tools (e.g., Power BI, Tableau).
• Accounting experience to include overseeing/managing company financial summaries such as month‑end, year‑end and operation reviews, year‑end auditing process, general accounting, developing business plans, and analysis of balance sheets, income statements and cash flow.

• Experience working with virtual and/or teams would be an asset.
• Excellent verbal and written communication skills with the ability to present complex financial information clearly and persuasively to both finance and non‑finance stakeholders.

An overview of our benefits will be discussed during the recruitment process.

Regular / Permanent

Magna Corporate

Mid‑Senior level

Full‑time

Information Technology

Motor Vehicle Manufacturing

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