Team Lead General Ledger, Accounting Shared Services
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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:
Key Responsibilities
Project Transition State:
Supporttransition of GL activities from local entities into shared services, including process mapping, knowledge transfer, and stabilization (hyper care).
Plan and manage ramp-up of operations, including hiring, onboarding, training, and scaling team capacity in line with transition waves.
Ensure smooth handover and service continuity, meeting SLAs during transition and post-go-live phases.
Drive standardization and harmonization of processes across entities during migration.
Monitor transition KPIs (e.g., stabilization timelines, error rates, productivity ramp-up) and implement corrective actions as needed.
Standard Operations:
Lead GLclose activities, including journal entries, accruals, reclassifications, and close calendar execution.
Review balance sheet reconciliations, account analyses, bank reconciliations, and close-related schedules.
EnsureGL postings, reconciliations, reporting packs, and supporting documentation are accurate, complete, and compliant.
Support financial reporting, variance analysis, management reporting, statutory/corporate reporting schedules, and audit requirements.
Ensure compliance with accounting policies, internal controls, SOX or equivalent control requirements, and applicable accounting standards.
Support internal and external audits, including audit schedules, evidence preparation, query resolution, and remediation tracking.
Lead standardization, automation, SOP documentation, KPI/SLA tracking, and continuous improvement across GL/R2R processes.
Manage stakeholder coordination with local finance, controllers, corporate finance, FP&A, tax, treasury, AP/AR, IT, and auditors.
Lead and develop a team including workload planning, task allocation, performance management, coaching, cross-training, succession planning, and escalation management.
Required Qualifications
Bachelor’s degree in Accounting, Finance, Business Administration, Commerce, or related field.
8-10 years of experience in GL accounting, Record-to-Report, corporate accounting, or finance shared services.
Strong experience with close, journal entries, reconciliations, reporting, audit support, controls, and compliance.
Demonstrated experience leading larger accounting teams, preferably around 10-15team members.
Experience in multinational, shared servicestransition, corporate finance, or multi-entity environments preferred.
Technical Skills
Strong ERP experience, preferably SAP S/4HANA, SAP ECC, Oracle, or equivalent.
Advanced Excel skills and experience with reporting / BI tools such as Power BI.
Preferred exposure to OneStream, or similar reconciliation, close, consolidation, and reporting tools.
Strong understanding of accounting standards, internal controls, close governance, reconciliations, and audit documentation.
Soft Skills
Strong leadership, coaching, and people-development capability.
Excellent communication and stakeholder management skills.
Strong analytical, problem-solving, and decision-making skills.
Ability to manage deadlines, escalations, and competing priorities during close andaudit cycles.
Continuous improvement mindset with ability to standardize, automate, and scale finance processes.
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.