Assistant Controller

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Job description

Magna Mirrors is a leading tier 1 supplier of vision leading exterior and interior mirrors to the global automotive industry. With a strong reputation for our innovation and highly talented teams of employees, our product expertise include exterior mirror systems, exterior and interior door handle systems and painted fuel door systems. Our company has continuously grown over the last 7 years to over $36B annually, and proudly holds the title of being the largest and most diverse automotive supplier in the world

Role Summary

Provides financial leadership and plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections necessary for the success of the Company. Prepares complex financial analyses for various business opportunities, assesses associated risks, and makes recommendations. Evaluates financial / operational results and controls and provides management with information for effective planning and audit of the organization. Manages and drives improvement in the financial systems including sales forecasting, planning, product cost estimating, operations controlling and manages the purchasing department. Plays an integral role in establishing the financial direction, coordinates, consolidates, and analyzes financial plans and projections. Analyzes and interprets actual performance to plan, explains key variances, and makes recommendations for action. Assists and advises management in the evaluation of the financial aspects of existing and proposed business ventures (i.e.: cash flow, ROI, capital requirements, pricing, etc.).

Key Responsibilities

Establishing the strategic direction for the business. This activity includes establishing and reporting key financial measures to help guide decision-making, developing cost and pricing strategies for various products and markets and conducting financial analyses in support of strategic initiatives. Generates complex financial analyses for various product business opportunities including ventures, new plant start-ups or consolidations, and new product offerings. Assesses risk associated with analyses and makes recommendations. Assesses financial/operations results and controls in terms of costs, budgets, trends, etc. Makes recommendations for increased profit opportunities, more efficient asset utilization, etc. and provides management with relevant information for effective planning. Recommends financial opportunities and identifies potential risks. Sarbanes Oxley Champion. Administers and evaluates the business' financial systems and controls and recommends and implements improvements as necessary. Key systems include Activity Based Management, Financial Evaluation System, planning, and reporting processes, etc. Directs and has overall supervisory responsibility for the Accounting / Finance Department. Assists in developing pricing and providing cost estimates for all customer product quotations. Ensures that product financial evaluations meet established company financial mandates. Provides technical advice and services to operating and departmental managers, interpreting accounting reports and statements, and investigating action where financial conditions warrant. Performs other duties as necessary in support of business objectives.

Qualifications/Requirements

* Bachelor's degree in accounting plus six years experience with at least three years in a supervisory capacity; or equivalent.
* Completion of the CMA, CPA, or MBA program.
* Proven experience in a manufacturing company, including working knowledge of operations controlling systems, cost estimating systems, financial measurement and evaluation techniques and product pricing/market strategies.
* Experience in departmental administration and supervision of other employees.