Team Lead General Ledger Accounting

About the role

Magna is looking for an experienced General Ledger Lead to head a corporate finance team or shared services environment. The role covers accurate and timely month-end, quarter-end and year-end close, journal entries, balance sheet reconciliations, financial reporting support, compliance, audit readiness, internal controls and process improvement, and plays a key part in managing accounting shared services.

Key responsibilities

• Support GL activities from local entities, including process mapping, knowledge transfer and stabilization (hyper care).
• Plan and manage operations, onboarding, training and team capacity, ensure service continuity, and drive standardization across entities.
• Monitor KPIs (timelines, compliance) and implement corrective actions.
• Lead close activities: journal entries, accruals, reclassifications and close calendar execution.
• Review balance sheet, account and bank reconciliations and close schedules; ensure accuracy, completeness and compliance with accounting policies, internal controls and SOX or equivalent.
• Support financial, management and statutory reporting, and internal and external audits (schedules, evidence, queries, remediation).
• Manage stakeholders with finance, controllers, corporate finance, tax, treasury, AP/AR, IT and auditors.
• Lead and develop the team: workload planning, task allocation, performance management, coaching, cross-training, succession planning and escalation management.

Required profile

• Bachelor's degree in Accounting, Finance, Business Administration, Commerce or a related field.
• 8-10 years of experience in GL accounting, corporate accounting or finance shared services.
• Demonstrated experience leading accounting teams, preferably around 10-15 people.
• Experience in multinational, corporate finance or multi-entity environments preferred.

Required skills

• Strong ERP experience, preferably SAP S/4HANA or equivalent.
• Advanced Excel and reporting/BI tools such as Power BI.
• Preferred exposure to OneStream or similar reconciliation, close, consolidation and reporting tools.
• Strong leadership, communication and stakeholder management skills.