What are the responsibilities and job description for the Senior Manager IT Financial Management & Governance position at Magna?
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 :
University degree in business administration, computer science, finance, or information systems required.
Excellent understanding of the organization's goals, objectives, and core business processes.
Demonstrated program management skills, including planning, control, and execution processes.
Ability to communicate detailed and advanced business solutions effectively.
Excellent analytical and creative problem-solving skills.
Highly self-motivated, directed, and able to prioritize and execute tasks under pressure.
Skilled at influencing and persuading stakeholders to drive standards and process optimization.
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