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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:Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.

Job Responsibilities:

Mission of the Position:

The mission of this position is to effectively lead, guide and improve the reporting process for purchasing.  The objective involves a wide range of responsibilities, including budget, forecast, KPIs, data analysis, and automation.   This position plays a key role in aligning purchasing activities with corporate standards and strategic goals.

Key Responsibilities:

Process improvements and automation for purchasing finance area (example; cost savings and spend)Work with IT to implement new tools for purchasing finance areaStandardize cost savings process for all plants (tracking and reporting templates/tools)Provide financial planning and analysis for cost savings and spendMonitor actual results of financial data against forecast and budgetResponsible for purchasing cost savings and spend processes (forecast and budget)In charge of consolidating and reporting Magna Powertrain monthly cost savings and spend numbers to Magna InternationalMonthly follow ups with plants on missing data and data accuracyResponsible for accurate & timely reporting (yearly, quarterly, monthly)Responsible for supplier risk management process and approvals (analysis, assessments, mitigation & reporting)Responsible to report claims (inflation impact) for forecast and budgetCalculate annual global purchasing allocationsLead and direct preparation of Global Purchasing expense budgetPerform additional duties and responsibilities as assignedOther ad hoc analysis as assignedFollow Magna’s Code of Conduct and Ethics and related compliance policies.

Customers and Business Interfaces:

Plant ControllersGlobal Commodity DirectorsPurchasing ManagersFinance and Purchasing VPsBuyersGlobal Commodity ManagersMagna International Finance, supplier risk, processes and systems contacts

Requirements and Qualifications:

Bachelor’s degree in finance or related field required; Masters’ Degree is a plusMinimum of 5 years’ experience in the auto industry; experience in powertrain preferredExperience in purchasing (cost savings, spend, risk management)Analytical skills are requiredStrong Excel, SAP and Power BI skills are a mustUnderstanding of data management (database management systems & connections)Excellent written & verbal communicationTeamwork skills

Magna Standards:

Practice and maintain integrity while following Magna’s Charter and Constitution.Follow Magna’s Code of Conduct and Ethics and related compliance policies.Supports and adheres to policies, procedures, and operational guidelines related to established qualitymanagement system (IATF 16949).Drive the development of new technologies to improve quality, efficiency and reduce cost.Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.Health & Safety responsibilities: Understand applicable Environmental, Health & Safety policies and procedures in the workplace. Report unsafe conditions immediately. Report injuries, accidents, illnesses, near misses, property damage immediately. Follow safety rules. Comply with requirements for the use or operation of machines or equipment. Comply with Personal Protective Equipment (PPE) requirements.Create a positive work environment by demonstrating and sharing functional/technical knowledge.Develop and maintain a responsive and cooperative working relationship with internal and external customers.Treat everyone with dignity, trust and respect.Complete additional duties and responsibilities as assigned

​The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

This job description reflects the core elements of a position. There may be additional requirements based on local laws and regulations which could be attached as an addendum.

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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Worker Type:

Regular / Permanent

Group:

Magna Powertrain