Senior Manager IT Financial Management & Governance

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:
Key Responsibilities:

• IT Financial Management & Reporting

• Oversee IT finances globally, including budgeting, forecasting, and actuals for cost centers, projects, fees, and services.
• Provide accurate and consolidated monthly and quarterly financial reports.
• Drive standard IT finance processes, tools, and reporting across local cost centers.
• Manage global license and asset management to ensure cost efficiency and compliance.

• Demand & Portfolio Management

• Lead the Powertrain Global Demand Council and regional/local demand steering.
• Manage IT portfolio aligned with strategy, roadmaps, resources, and budgets.
• Standardize Demand, Portfolio, and Project Management processes, tools, templates, and reporting.

• Vendor & Contract Management

• Facilitate global IT vendor management, including contract administration, performance evaluation, and collaboration with Magna Global IT and Legal.
• Oversee purchase order requisitions and vendor payments across all organizational layers.

• Shared Service Center (SSC) Optimization

• Establish and optimize a cost-effective Shared Service Center in target countries.
• Ensure alignment with strategic objectives for IT operations efficiency.

• People Development & Resource Management

• Oversee IT people development and hold teams accountable for progress on performance, development, and training (PD&T).
• Organize comprehensive training programs (IT Academy, Pluralsight, Power BI, etc.).
• Recruit, develop, and manage resources within the Performance & Effectiveness Team.

• Governance, KPIs, and Performance Tracking

• Deliver effective governance across IT finance, HR, vendor management, and project management.
• Define and track KPIs and SLAs for internal and external IT services.
• Standardize monthly performance reporting and ensure process alignment across the IT function.

• Change & Communications Management

• Lead organizational change management (OCM), including cultural shifts, structured communication, and process adoption.
• Coordinate IT communication efforts through Intranet, email, surveys, and other platforms.
• Drive awareness and understanding of changes across IT teams and stakeholders.

Requirements and Qualifications:

• Education and Professional Experience
  • University degree in business administration, computer science, finance, or information systems required.
  • Minimum 10 years of experience in senior leadership roles in the industry.

• Business and Strategic Acumen
  • Excellent understanding of the organization's goals, objectives, and core business processes.
  • Proven ability to leverage technology strategically to drive business growth and optimization.
  • Strong ability to influence and persuade stakeholders to adopt standards and drive optimization.

• Program and Project Management
  • Demonstrated program management skills, including planning, control, and execution processes.
  • Understanding of key IT concepts such as application development and software development life cycle (SDLC).

• Communication and Stakeholder Engagement
  • Ability to communicate detailed and advanced business solutions effectively.
  • Skilled at communicating up and down the management chain with the right level of focus and detail.
  • Excellent listening, interpersonal, written, and oral communication skills.

• Analytical and Problem-Solving Skills
  • Excellent analytical and creative problem-solving skills.
  • Logical, efficient, and detail-oriented approach to problem resolution.
  • Able to exercise independent judgment and take decisive action.

• Personal Effectiveness and Leadership
  • Highly self-motivated, directed, and able to prioritize and execute tasks under pressure.
  • Demonstrated ability to work effectively in team-oriented, collaborative environments.
  • Strong customer service orientation and focus on delivering value.

• Influence and Change Management
  • Skilled at influencing and persuading stakeholders to drive standards and process optimization.
  • Adept at managing change, fostering collaboration, and supporting organizational transformation

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 quality management 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.
• Comply with Magna's information and data protection policies.

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.
Worker Type:
Regular / Permanent
Group:
Magna Powertrain