Full-Time
Controller
Plant
Posted on 1/24/2026
Magna
10,001+ employees
Automotive components and contract manufacturing provider
No salary listed
Company Does Not Provide H1B Sponsorship
Newnan, GA, USA
In Person
 Accounting (2) |
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- Ten+ years prior experience in a manufacturing environment as a financial/cost analyst.
- Strong verbal and written communication skills, ability to influence behavior through positive dialogue and have strong quantitative and analytical skills.
- Ability to coordinate high work volume and pressing time requirements.
- Must have extensive knowledge of Excel, and previous involvement with development and implementation of ERP/MRP solutions.
- To exhibit an objective, fair and professional attitude that exemplifies the principles outlined in The Magna Employee’s Charter to maintain a positive and productive workplace.
- To exhibit teamwork skills and actively participate in team activities in a positive working environment.
- To demonstrate problem solving skills in a work environment that is striving for continuous improvement.
- To follow Decostar policies and display conduct expected of Decostar employees as described in the employee handbook.
- To meet and maintain all customer quality standards as well as the standards of Decostar.
- To perform daily cross-functional job assignments as required and per the department’s established procedures and work instructions.
- To direct and follow Decostar Industries health and safety policies and procedures that provide for a safe and healthful workplace for all Decostar Industries employees, contractors and visitors.
- Exemplify the Charter principle for a safe and healthful workplace by correcting unsafe behaviors, eliminate or reduce the possibility of an employee injury due to hazardous conditions.
- Immediately respond, in a positive and proactive manner to any Decostar employee’s health and safety concern or suggestion.
- Immediacy report any accidents, incidents or near misses to the Safety Department and complete the required Accident Reporting Forms within 24 hours.
- Complete all required safety-related inspections.
- Do not install or make changes to any equipment or machinery that may jeopardize the health and safety of any employee.
- Ensure all employees, under your guidance, have received all required training to perform their job safely
- Responsible for directing the plants accounting and finance functions, including establishing and maintaining the organization's accounting principles, practices, procedures, and initiatives.
- Participate in the Continuous Improvement of Decostar’s Enterprise Resource Management system as key finance representative ensuring that processes and system flows meet financial considerations.
- Analyze and review monthly budget versus actual expenses, investigate variances, and advise operating managers.
- Explore cost savings initiatives, assist managers in identifying and targeting areas for improved efficiencies. Provide financial support of lean manufacturing objectives.
- Provide cost analysis and support for business decisions.
- Maintain systems requirements to support product costing, development of labor and machine rates.
- Prepare financial models to assess profitability, breakeven on both current products and potential products.
- Prepare and conduct presentations to management as needed.
- Responsible for the preparation of the company’s financial plan.
- Prepare and maintain documentation on the company’s financial system procedures and internal financial controls.
- Certify Financial Statements quarterly and annually to Magna Group Management.
- Perform other duties as directed.
- M.B.A. preferred
Magna is a global mobility technology company and one of the world’s largest automotive suppliers. It designs, manufactures, and integrates a wide range of automotive components and systems, including body exteriors and structures, power and vision technologies, seating, and complete vehicle solutions. It differentiates itself by offering integrated end-to-end capabilities—from parts production to full vehicle engineering and contract manufacturing—across a vast global network of 338 plants in 28 countries, with the ability to develop multiple powertrain options in one facility. Its goal is to be a trusted one-stop partner for automakers, helping them move from concept to finished vehicle and accelerate electrification and advanced mobility through global manufacturing and engineering services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Aurora, Canada
Founded
1957
Simplify's Take
What believers are saying
- Q1 2026 adjusted EBIT rose 58% to $558M with 5.4% margin expansion.
- Magna Steyr produces GAC Aion V and UT using Farasis LFP batteries under 2025 agreement.
- China Kunshan facility boosts automation and partnerships with local automakers.
What critics are saying
- $485M write-down from divesting Lighting and Rooftop to Mutares and AURELIUS in H2 2026.
- $591M Electronics impairment reveals weak automated driving demand and overcapacity.
- EU tariffs force low-margin GAC and Xpeng production at Graz, eroding profitability now.
What makes Magna unique
- Magna assembles complete vehicles via Magna Steyr for GAC Aion UT in Graz since March 2026.
- Magna introduced Icon radar in 2018 for Level 5 autonomy and automatic emergency braking.
- Magna's DHD REX hybrid drive offers modular range extension for B-E segment SUVs.
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Benefits
Tuition Reimbursement
Employee Discounts
Company News
Magna International has agreed to sell its Lighting and Rooftop Systems businesses through three separate transactions, expected to close in the second half of 2026. The divestitures aim to refocus the company on areas aligned with its long-term growth and margin objectives, reshaping its Power & Vision segment. The company's shares recently closed at CA$80.02 on the TSX, trading approximately 22% below the analyst consensus target of CA$97.60. Over the past year, the stock has returned 86.6%, though it has declined 20.3% over five years. Magna currently operates with a group profit margin of approximately 2.0%. Investors will be monitoring how the portfolio restructuring affects margins and earnings stability once the transactions complete.
GAC Aion UT starts production at Magna Steyr in Austria. Contract manufacturer Magna Steyr has begun production of the compact electric vehicle GAC Aion UT. This model is the second electric series produced in Graz by GAC, following the Aion V. For the Chinese OEM, this step represents further localization of production in Europe. By Cora Werwitzke 26.03.2026 - 10:39 Magna Steyr only began producing the mid-size SUV GAC Aion V in Graz last November. Just five months later, the smaller Aion UT has followed suit. This development was reported by the portal CN EV Post, citing official statements from Magna. The collaboration stems from a comprehensive cooperation agreement signed between GAC and Magna in November 2025, which at the time already extended beyond the Aion V. The Aion UT is a battery-electric compact car currently manufactured in China and Thailand. It has been available in its home market since March 2025. Earlier this month, the model made its debut at the Motion Expo automotive trade fair in Graz, Austria. Read its test drive review here. It had already become clear that the model would also be produced at Magna Steyr. In December 2025, an official GAC announcement revealed that the company would use LFP batteries from Farasis Energy for its European models. The Aion UT was mentioned alongside the Aion V as a target model for the battery supply, indirectly confirming that the battery-electric compact car would also be built locally in Europe. The Farasis battery cells are large-format pouch cells with lithium iron phosphate (LFP) chemistry. According to the partners, the total order capacity exceeds 10 GWh, which, in purely mathematical terms, is sufficient for around 100,000 electric vehicles with 100 kWh batteries. However, the exact size and capacity of the batteries remain unknown. Meanwhile, Magna's Austrian plant is increasingly becoming a production hub for Chinese automakers expanding into Europe. Since September, the Magna facility has also been assembling the Xpeng G6 and G9 models. By producing vehicles in Europe, Chinese manufacturers avoid the EU's additional tariffs, which would otherwise apply to electric cars imported from China into the European Union. Importantly, Magna is responsible solely for vehicle production, while distribution of GAC's electric vehicles is handled by the Chinese company itself. "GAC plans to expand into further European markets through new partnerships as well as service and distribution networks," it was stated in December. However, the Canadian group did not specify which markets are being targeted or what production capacities GAC has secured at Magna. The Magna vehicle plant in Graz operates mixed production lines, where internal combustion engine vehicles, hybrids, and electric cars are manufactured side by side. Well-known electric models from the plant include the Jaguar I-Pace and, briefly, the Fisker Ocean (both discontinued), as well as the current Mercedes G-Class with EQ technology and the two Xpeng models. On the internal combustion engine side, the BMW Z4 and Toyota Supra remain in production. cnevpost.com 0 comments. about "GAC Aion UT starts production at Magna Steyr in Austria" Your email address will not be published. Required fields are marked *
Magna International has introduced DHD REX, a dedicated hybrid drive system for range-extended electric vehicles designed to provide electric-like performance with seamless range extension. The ready-to-integrate system features a modular, single-motor architecture adaptable to diverse regulatory and customer requirements across global markets. The system supports multiple operating modes, including electric driving, generating mode and optional parallel hybrid mode, whilst reducing size, weight and system cost. DHD REX is validated for B through E vehicle segments in all-wheel drive layouts, including SUVs, and can be adapted to both internal combustion engine and battery electric vehicle platforms. The launch complements Magna's DHD Duo dual e-motor system, which is already in series production. Diba Ilunga, President of Magna Powertrain, said the solution reflects the company's commitment to flexible, customer-focused electrification pathways.
Magna International has raised CA$120 million in new funding, though shares have weakened recently, falling 1.8% in the latest trading session and 19.2% over the past month. The company currently trades at CA$75.59 per share with a market capitalisation reflecting its CA$42.01 billion in revenue and CA$829 million in net income. Despite short-term pressure, the company has delivered a 50.69% total shareholder return over one year. Analysts suggest the stock is trading 15.7% below its fair value estimate of CA$89.71, with expected margin expansion from operational improvements and restructuring over the next two years. Key risks include weaker vehicle production in major markets and ongoing inflation and labour cost pressures that could impact margins.
Bank of America reinstated coverage of Magna International Inc. with a Buy rating and an $80 price target on 4 March. The firm cited expectations for the North American automotive sector to outperform this year, noting that a regulatory environment potentially favouring internal combustion engine vehicles could benefit suppliers like Magna. Magna reported fourth-quarter sales of $10.8 billion, up 2% year over year. Adjusted EBIT margin expanded by 100 basis points to 7.5%, whilst adjusted earnings per share rose 29% to $2.18. Previously, Morgan Stanley raised its price target to $65 from $54 with an Equal Weight rating, whilst Scotiabank increased its target to $69 from $57 with a Sector Perform rating. The Aurora, Ontario-based company is one of the world's largest independent automotive suppliers.