Controller, Regional IT Finance & Controlling

Job descriptions may display in multiple languages based on your language selection. 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: Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape. Job Responsibilities: The Controller, Regional IT Finance & Controlling - India is responsible for financial reporting, controlling, budgeting, forecasting, cost management, and financial governance for Magna's India IT operations. The role reports to the Manager, Finance & Controlling and works closely with local stakeholders and the Global IT Finance team to maintain a strong local financial control and governance environment, support accurate and timely reporting, and contribute to a range of regional and global finance activities and priorities. The position will also support the finance activities required for the SAP S/4HANA Cloud implementation in India. Your Responsibilities ·       Lead monthly, quarterly, and year-end financial reporting for the India IT organization, ensuring complete, accurate, and timely submissions. ·       Prepare management reporting, forecasts, variance analysis, accruals, balance-sheet reviews, and financial commentary, clearly identifying key drivers, risks, and required actions. ·       Establish, document, monitor, and continuously improve local financial controls, policies, and procedures, including appropriate review, approval, reconciliation, and supporting-evidence requirements. ·       Maintain effective financial governance for the India IT office and ensure compliance with applicable accounting standards, Magna finance policies, internal-control requirements, and local obligations in coordination with relevant specialists. ·       Support annual budgeting, business planning, forecasting, and IT service pricing activities including data collection, modelling, validation, documentation, and stakeholder follow-up. ·       Monitor operating expenses, headcount-related costs, project spending, capital expenditures, and other key cost drivers; identify financial risks, control gaps, trends, and opportunities to improve financial performance and cost management.