Senior Analyst, Finance Solutions at Magna… · Bengaluru

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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-minded team. 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:

This position needs an analytical, well-educated, knowledgeable, and motivated team-player with strong FICO background, work ethic and integrity that will become a key part of “Global IT” to implement and provide adequate, 24x7 support for FICO (Finance and Controlling). Apart from FICO, the candidate must have a detail-oriented vendor invoice management (VIM) knowledge. This role is responsible for supporting our end users on the end-to-end invoice processing cycle, ensuring timely and accurate handling of vendor invoices through our VIM system (e.g., SAP VIM by OpenText, Magna Invoice management, …) and E-Invoicing support. The ideal candidate must have a strong understanding of accounts payable processes and ERP systems.

Providing daily support to Magna divisions/plants, especially Americas region. Needs to discuss with users, host workshops, define optional solutions, and be able to initiate FICO improvement projects, implement it, and manage project status/schedule is also required.

Major Responsibilities

• Analyze business requirements and gaps not met by the existing systems / implementations.
• Identify feasible solutions within SAP framework and estimate effort needed to meet those business requirements and gaps.
• Implement solutions using SAP configuration, master data setup or code and support roll-out projects.
• Provide day-to-day SAP end-user support including month end closing
• Assist in VIM testing, upgrades, and implementation of VIM in new or existing divisions and propose process improvements.
• Assist in E-invoicing global implementation project.
• Provide user training to group/divisions
• Create a positive work environment by demonstrating and sharing functional/technical knowledge.
• Complete other duties as required by the Manager from time to time.
• Uses teamwork to positively and effectively contribute to a high morale/high-performance team culture, consulting attitude and strong personal integrity.
• ​He/she ensures global support.
• Perform a complete, detailed analysis evaluating available applications and identifying opportunities for enhancing existing systems.
• Assist in the coordination and collaboration of external consultants (Customer & Suppliers) as well as internal team members.
• Time tracking and documentation according to Magna Global IT standards
• Ensures billing of his/her projects and changes
• Design practical, creative, conceptual technical solutions for business requirements balancing appropriate technology, cost and implementation timeline.
• Develop and adhere to standards for design, coding, testing, change control, code deployment, software controls, configuration management, continuous integration, and troubleshooting and root cause analysis of application problems.
• Provide support for VIM related issues from internal business users.
• Troubleshoot and escalate technical issues related to the VIM system.
• Maintain documentation of invoice processing procedures and support activities.

Performance Measures

• Project Management (In time, in quality, In budget) proper documentation and reporting.
• SLA (Service level Agreement) fulfillment to the divisions.
• Less problems and escalations.
• Project time should be more than 30%.
• Support new SAP Implementations.

Knowledge and Education

• Bachelor’s degree in information technology, Computer Science or similar discipline.
• Must be able to communicate in English.
• Experience in Automotive Industry is preferred.

Work Experience

• More than 5 years of SAP FICO-related experience and must have worked/experience on one of the VIM (Vendor invoice management) application such as OpenText and E-invoicing.

Skills and Competencies

• Experience of SAP full cycle project as a FICO consultant
• Basic finance and controlling concepts knowledge are must
• VIM knowledge is must
• Familiar with finance accounting submodules, have experience of data migration methodology, such as fixed asset migration, G/L master data migration, and inventory migration, etc.
• Able to configure and support FICO module in SAP.
• Familiar with FICO integration with other SAP modules such as material management, sales and distribution.
• Experience of FICO validation and substitution or enhancements is required.
• Payment interface with bank is desired.
• Material Ledger and Project Systems skill will be a plus.
• ABAP debug skill is a plus.
• Review and work up development requests & specs for ABAP programmers to develop customized functionality or reports to meet business requirements.
• Knowledge of Business Warehouse (BW) is preferred.
• Analytical and flexible approaches in the projects and coordination of available resources.
• Excellent performance and organizational skills.
• Must be able to work independently as well as a team player and can manage own workload.
• Able to collaborate with users and have a strong desire to host workshops.
• Good communication and customer service skills

Work Environment

• Constant sitting, standing and walking and occasional lifting/moving and bending
• Constant manual dexterity, audio attention and visual attention
• Most of the job is performed in a standard office environment with minimal risk or harmful elements

Regular overnight travel 10-25% of the time

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.

Worker Type:

Regular / Permanent

Group:

Magna Corporate