Contract Analyst, Compliance & Economic Development

Job Number: 55499
Group: Magna Corporate
Division: Magna Services of America (Troy Office)
Job Type: Contractor/Temporary Worker
Location: TROY
Group Description
At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We're the only mobility technology company and supplier with complete expertise across the entire vehicle.
We are committed to quality and continuous improvement because our products impact millions of people every day. But we're more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it's our talented people who lead us on this journey.
Role Summary
The Government Affair department is committed to innovation and persistence in identifying and realizing all available economic incentives.
The Contract Analyst, Compliance & Economic Development works closely with the Senior Manager, Regulatory Compliance and Compliance Team to develop, evaluate, and implement positive Economic Development outcomes to further Magna's strategic goals and business interests.
As a member of the Government Affairs Department, the Contract Analyst, Compliance & Economic Development will collaborate and coordinate across all Magna functions, Groups, and Divisions to ensure all economic incentive projects are properly reported and are compliant with all aspects of Magna's Group, Division and Joint-Venture economic incentive and government contracts.
Key Responsibilities

• Review government incentive opportunities and, in coordination with relevant Magna corporate, group, and division personnel, develop and implement strategies and tactics to secure incentives
• Manage communications and respond to inquiries from government entities regarding incentive opportunities and ensure compliance with relevant laws
• Ensure economic incentive projects remain compliant with relevant contractual obligations
• Prepare offer summaries of government incentive opportunities, review and summarize economic incentive agreements/contracts, provide project status updates, and ensure compliance with reporting deadlines
• Update relevant incentive information in the Magna Government Affairs CRM database
• Analyze and review government economic incentive activities to enhance and promote Magna's strategic goals and business interests
• Facilitate drafting of reports, including editing, prior to submission, to ensure all required documents are complete, compliant, well-organized, and professionally presented
• Develop and maintain working relationships with internal and external subject matter experts to determine Magna's needs for overall growth and development plans
• Work cross-functionally with all Magna functions, Groups, and Divisions to gather information and understand all project parameters needed to support Economic Development discussions and negotiations
• Act as a point of contact for various internal and external partners and effectively use an internal escalation path for all inquires
• Research, analyze, and prepare data-focused reports, plans, and other materials, exercising independent judgment as to content, accuracy, and completeness
• Gather and analyze economic incentive data to drive all Magna function, Group, and Division decisions for site selection and expansion efforts
• Manage project budget and invoicing
• Work with the Government Affairs Team on any other assignments and/or reports, as requested.
• Lead various projects and perform other duties, as required

Key Qualifications/Requirements

• Bachelor's degree or certificate program in paralegal studies or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities
• 3+ years of experience in economic incentives or other corporate compliance related discipline
• 1-3+ years of Compliance or Paralegal experience
• Bilingual and fluent in reading, writing, and speaking Spanish preferred
• Previous experience in a professional, fast pace corporate environment preferred
• Financial analysis and/or project management experience preferred
• Excellent analytical and problem-solving skills
• Ability to develop professional relationships with key internal stakeholders
• Exceptional organizational and prioritization skills
• Demonstrated ability to communicate clearly and concisely while displaying credibility and confidence

Knowledge/Skills:

• Good judgment skills are critical and the ability to work independently, take initiative, and not be afraid to ask questions and seek answers when follow-up is required
• Proven ability to handle multiple assignments simultaneously and be comfortable in a fast-paced, dynamic environment
• Proficiency in Microsoft Excel, Word, and PowerPoint required
• Strong flexibility is a requirement in this role
• Ability to identify and be responsive to changing priorities within the business
• Demonstrate a positive attitude and a 'can do' approach to the position
• Ability to work autonomously
• Take responsibility for actions, outcomes, and deliverables

Additional Information

• Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer
• Vision abilities required by this job include close vision and ability to adjust focus
• Travel may be required, approximately 25% of the time

Awareness. Unity. Empowerment.
At Magna, we believe 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 to comply with GDPR requirements and your local Data Privacy Law.