Controller, Regional IT Finance & Controlling

Overview

Lead financial reporting, controlling, budgeting, forecasting, cost management and financial governance for Magna's India IT operations, and support the finance activities for the SAP S/4HANA Cloud implementation in India.

What you'll do

• Lead monthly, quarterly and year-end financial reporting for the India IT organization, ensuring complete, accurate and timely submissions.
• Prepare management reporting, forecasts, variance analysis, accruals, balance-sheet reviews and financial commentary, clearly identifying key drivers, risks and required actions.
• Establish, document, monitor and continuously improve local financial controls, policies and procedures, including review, approval, reconciliation and supporting-evidence requirements.
• Maintain effective financial governance for the India IT office and ensure compliance with applicable accounting standards, Magna finance policies, internal-control requirements and local obligations in coordination with relevant specialists.
• Support annual budgeting, business planning, forecasting and IT service pricing activities, including data collection, modelling, validation, documentation and stakeholder follow-up.
• Monitor operating expenses, headcount-related costs, project spending, capital expenditures and other key cost drivers; identify financial risks, control gaps, trends and opportunities to improve financial performance and cost management.
• Partner with India business leaders, local finance teams and the Global IT Finance team to support decision-making and contribute to regional and global reporting, analysis, projects and continuous-improvement activities.
• Coordinate accounting, audit, tax, treasury, payroll, procurement and compliance-related activities affecting the India IT office, maintaining clear ownership and timely resolution of issues.
• Prepare ad-hoc financial analysis, business cases and management presentations, and perform other finance and controlling responsibilities as required.
• Support regional finance activities for the SAP S/4HANA Cloud implementation in India, including finance process documentation, data validation, testing, reporting requirements, user acceptance and implementation readiness.
• Work with project teams and business stakeholders to ensure local financial-control, governance and reporting requirements are appropriately reflected in the solution.

What you'll need

• A recognized professional accounting designation such as CA, CPA, CMA, ACCA or equivalent.
• A bachelor's degree in accounting, finance, business or a related field.
• 7 or more years of progressive experience in accounting, financial reporting, controlling or FP&A, preferably within a multinational environment.
• Strong hands-on experience with month-end close, management reporting, budgeting, forecasting, variance analysis, balance-sheet review and internal controls.
• Strong understanding of financial governance and control design, including the ability to document processes, identify control gaps and implement practical improvements.
• Experience with SAP finance and controlling processes.
• Advanced Microsoft Excel skills and strong proficiency with PowerPoint.
• Experience working effectively with global, virtual and cross-functional teams across time zones.

Nice to have

• Exposure to an SAP S/4HANA implementation, migration, testing or stabilization.
• Experience with Power BI, data warehouses or similar reporting tools.

Details

• Location: Bangalore, India.
• Worker type: Regular / Permanent.
• Reports to the Manager, Finance & Controlling.