Finance Analyst, IT Projects
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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:
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-mindedteam. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
We are looking for a project analyst for our location in Belgrade, Serbia. The Finance Analyst - IT Projects plays a key role in supporting the financial planning, execution, and governance of IT projects across the organization. This role provides essential financial insights, ensures project data accuracy, and partners closely with IT project managers and cross-functional teams to maintain compliance, alignment, and transparency throughout the project lifecycle. The Finance Analyst is responsible for maintaining strong financial controls, enabling accurate reporting, and supporting continuous improvement of project financial processes within a global environment.
Your Responsibilities
Manage financial oversight of small and medium size IT projects (Fixed price, T&M and internal) including forecast, cost/time tracking, and variance analysis
Support project financial administration by creating, validating, and maintaining project codes, cost centers, purchase requisitions, purchase orders, and project structure changes throughout the project lifecycle
Lead billing governance for projects by validating billing inputs, resolving billing discrepancies, coordinating urgent postings, and serving as a finance contact for billing related inquiries
Execute financial controls for project accruals, support and oversee the purchase requisition process, monitor the PO lifecycle including closure and alignment with project scope, perform balance sheet/P&L reconciliations, project closing activities, and timely reporting of variances or risks
Partner with IT project managers and cross-functional teams to ensure accurate project financials, provide status updates, support global project reviews, and enable strong communication across Divisions.
Other projects as assigned
Education & Work Experience
- Bachelor’s degree in finance, accounting, business administration or a related field
- CPA designation or working towards a designation preferred
- 3-4 years of experience in accounting, project accounting or related finance roles
- Experience supporting IT or technology driven projects is an asset
- Experience working in global organizations preferred.
Technical Skills
- Strong proficiency in ERP systems, including WBS, cost centers, and project systems. (SAP/S/4 HANA preferred)
- Advanced Excel skills (pivot tables, lookups, formulas).
- Strong understanding of cost accounting, accruals, forecasting, and variance analysis.
- Knowledge of PR/PO processes and vendor invoice flows.
Competencies
- Strong analytical and problem solving skills with high attention to detail.
- Ability to interpret financial data and identify risks, variances, or abnormalities in project performance.
- Effective communication and interpersonal skills; able to partner effectively with IT project teams and cross-functional stakeholders.
- Ability to translate financial details into actionable insights for non-finance stakeholders.
- Highly organized with the ability to prioritize in a fast paced environment.
- Strong ownership, accountability, and follow-through.
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.
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 based on 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.
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 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.