Magna International · 1 week ago
Senior Analyst, Compliance & Economic Development - Tax Focus
Troy, MI
Full-time
Hybrid
Mid, Senior Level
3+ years expMagna International is a mobility technology company focused on innovation in the automotive industry. The Senior Compliance & Economic Development Analyst – Tax Focus will manage and optimize economic incentive programs, ensuring compliance and implementing tax-saving initiatives while collaborating with various stakeholders.
AutomotiveIndustrial EngineeringManufacturing
Responsibilities
Manage and ensure compliance with economic incentive agreements, tax credit programs, and contractual obligations
Review property valuations and assessments to identify property tax savings opportunities. Develop and execute strategies to optimize savings
Serve as a liaison with government agencies, tax authorities, and external partners to address tax-related issues and ensure compliance with evolving regulations
Research, analyze, and interpret financial and tax data to support strategic decision-making and risk mitigation
Enhance reporting processes to improve transparency and accountability. Maintain accurate records within Magna’s Government Affairs CRM database
Work closely with internal teams, including finance, legal, HR, and corporate compliance, to align economic incentive projects with business objectives
Monitor and ensure unclaimed property claims are accurately documented, reviewed, and reported in accordance with applicable laws. Identify and recover unclaimed funds owed to Magna
Provide subject matter expertise and guidance on tax policies, compliance with best practices, and regulatory changes
Oversee project budgets, prepare summaries of tax savings opportunities, and provide leadership in executing compliance-related initiatives
Support additional projects and tasks as required by the Government Affairs team
Qualification
Required
Minimum 3+ years of experience in state and local tax compliance, economic incentives, regulatory affairs, or corporate finance
Strong knowledge of tax credits, property tax assessment processes, and compliance requirements
Ability to analyze complex data, identify risks, and develop actionable strategies
Proven ability to establish and maintain professional relationships with government agencies, industry groups, and internal stakeholders
Experience managing incentive programs, financial reporting, and tax-related projects
Bachelor's degree in finance, economics, business administration, public policy, or a related field
Strong understanding of government funding sources and economic development incentives
Proficiency in Microsoft Excel, Word, and PowerPoint
Ability to handle multiple priorities, work independently, and adapt to changing business needs
A proactive mindset with excellent judgment and decision-making skills
Preferred
Advanced degree (MBA, JD, or master's in taxation) or certification in tax/accounting-related disciplines
Previous experience in a fast-paced corporate environment with regulatory compliance exposure
Company
Magna International
Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1.79B2025-05-14Post Ipo Debt· $1.04B
2024-05-27Post Ipo Debt· $330.18M
2024-03-05Post Ipo Debt· $400M
Leadership Team
Philip Fracassa
EVP & Chief Financial Officer
Jorg Meinrich
Purchasing Director
Recent News
2025-12-13
Magna International Inc.
2025-11-21
Company data provided by crunchbase