Assistant Finance Controller

Assistant Finance Controller

ROLES & RESPONSIBILITIES:

- Leading in month end requirements, reporting and ensuring complete compliance to the Magna control procedures.

- Owning the balance sheet and critically reviewing numbers to ensure correct reporting.

- Critically reviewing and analyzing program wise tooling costs and ensure compliance with the policies.

- Tracking, analyzing costs and reviewing cost center wise reports and flag off cases exceeding budget.

- Active involvement in Continuous Improvement Projects and cost saving initiatives. Driving department heads in tracking the projects and keeping a tab on the project status to ensure the timelines and the planned savings achieved.

- Assist in the development of the business plan, quarterly forecasts and annual audits.

- Assist in the continued automation of manual tasks with automated systems to achieve more timely and consistent financial reporting. Develop and conduct training on all aspects of understanding/utilizing financial performance information.

- Support development of financial schedules and presentations. Assist with the continuous improvement of the division's ability to monitor profitability on a product-by-product basis.

- Leading and reviewing day to day activities in accounting function and engaging with the team for troubleshooting

- Leading the team in ensuring Magna minimum controls are met

- Leading Statutory audits, Internal audits/ any other departmental audits.

- Reviewing systems, processes to ensure loopholes are minimized

- Monitor, review costs and arrange meetings with departments to track the same

- Prepare for other plans and projects as assigned by the Controller.