Group Description
At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.
We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.
Role Summary
Finance Controller
The Controller for our Bangalore Innovation Campus is a tremendous opportunity for an energetic person to be involved in growing Magna’s engineering campus in India and being part of a team working on some of Magna’s most cutting-edge technologies. This individual will work directly with our engineering team in Bangalore and be responsible for leading all centralized accounting activities for the Magna Innovation Campus in Bangalore. Working directly with the General Manager and closely with our global product groups and India group office, this person will manage the accurate booking, controls, and compliance activities for our centralized engineering office.
Key Responsibilities
The Controller position is responsible for leading and managing all accounting activities including accounts payable, accounts receivable, payroll, internal controls, and SEZ compliance.
1. Supervise Accounting and Payroll personnel in the performance of his/her duties and conduct annual formal evaluations of employee performance.
2. Manage all accounting operations including Billing, A/R, A/P, Payroll, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
3. Prepare monthly financial statements, quarterly and annual reporting requirements for management, regulatory bodies, and the corporate office.
4. Coordinate Group Office consolidation of finances and audit
5. Complete the finalisation of annual accounts (Indian GAAP)
6. Lead the annual business plan and quarterly forecast process
7. Lead the month end close process and any required Flash reporting
8. Coordinate the preparation of regulatory reporting
9. Develop and document business processes and accounting policies to maintain and strengthen internal controls
10. Manage and comply with local, state, and central government reporting requirements and tax filings
11. Lead the implementation of a new SAP system
Key Qualifications/Requirements
Additional Information
Competencies:
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.
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