New Business Finance Manager

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POSITION SUMMARY:

The New Business Finance Manager will support the Global organization on all “global quote” activities involving more than one region as well as “greenfield” opportunities.  This position’s responsibilities are as follows:

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Continue to develop quoting standards for each region and their respective divisions (QCA model, burden rate development….)

• Train regional leads on all global standards so they can disseminate to the divisions in their respective regions.

• Develop and maintain the Commercial Finance Policy & Procedures (annual update of interest rates, discount rates, tax rates and accounting treatment guidelines by region and by country as required).

• Support the development and implementation of policy & procedures which promote best in class commercial performance (use of analytics, benchmarking information and other).

• Take lead role in the comparison of regional QCA submissions for the same program to ensure that the assumptions are consistent and that all differences can be explained as either regional market differences (labor rates…) or process driven differences in support of our NBO strategy.

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.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Skills/Special Knowledge – Minimum Bachelor’s Degree in Finance/Accounting/Engineering.  CPA/MBA/Masters designation a plus. Knowledge of global automotive product program financials preferred.

Experience – 10 years automotive program, product finance and costing experience. Including hands on customer commercial negotiation interface. Thorough user understanding of Microsoft and other business software applications.

Physical Demands/Work Environment – Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require up to 10% -20% travel.

KEY BEHAVIORAL TRAITS FOR SUCCESS:

Business Acumen: Able to focus on delivering services in a way that enhances / maximizes profitability; ensure that team delivers service in a way that brings out the organization's value and competitive advantage; educate team on important developments within the organization; discuss relevant industry developments with team.

Entrepreneurial Drive for Results: The ability to find creative solutions and generate results in a dynamic market environment.  Need to have a strong sense of urgency and the ability to infuse that in others. 

Influencing & Communication Skills: Keen listening, open-mindedness, and strong interpersonal skills so that necessary alliances with internal & external groups can be forged and developed quickly.  Comfortable communicating both formally and informally with senior executives and communicate openly and equitably with peers & subordinates throughout Magna Exteriors & customer organizations.

Technical / Functional Understanding: Able to serve as a source of technical / functional issues & perspective to others; demonstrate a breadth of technical/functional knowledge outside of core specialty; provide others with opportunities for technical growth; develop the technical competence of others as a way to achieve results; hold people accountable for technical excellence.

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.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.