Erin Oberski
Grand Blanc,Michigan
Summary
Accomplished finance leader with extensive experience at Magna International, driving financial excellence through strategic planning and team development. Expert in financial statement consolidation and cash flow forecasting, I have successfully improved closing times by 50% while fostering a high-performing finance team.
Overview
37
37
years of professional experience
Work History
Director of Finance
IAC Group, Inc.
01.2023 - Current
- Oversaw preparation of monthly financial statements and reporting for 6 plants in US and Canada, ensuring accuracy and timeliness of financial data.
- Led operations and procurement finance teams to align financial strategies with organizational goals.
- Direct the annual budget process and monthly forecast.
- Managed cash flow forecasting for the region to optimize financial planning.
- Consolidated financial statements for multiple plants in the region to ensure accurate reporting.
- Complete variance analysis and present to ELT.
- Developed and managed plant controllers and finance team members to enhance financial operations and reporting capabilities.
- Ensure team is following IAC’s internal control policies and provide support during plant internal audits.
- Work with senior leadership team members on strategic planning initiatives.
Divisional Controller
Magna International, Inc.
01.2008 - 01.2023
- Completed monthly and annual closing accurately and ahead of deadlines to ensure timely financial reporting.
- Managed A/P, A/R, and fixed asset teams, developing process improvements that enhanced operational efficiency.
- Calculate and present monthly variance reports to senior leadership.
- Work with both internal and external auditors for all necessary audits.
- Completed quarterly forecasts and annual budgets, providing financial insights to guide strategic decision-making.
- Maintain internal controls within division on all financial processes.
Lead Project & Quote Controller
Magna International, Inc.
01.2019 - 01.2022
- Led financial and commercial management of new business pursuits, ensuring alignment with strategic goals.
- Work with senior leadership team on strategic matters for winning new business.
- Completed quarterly financial assessments from award of business to current status, providing insights for decision-making.
- Managed and developed project controllers, enhancing team capabilities and performance.
Project & Quote Controller
Magna International, Inc.
01.2015 - 01.2019
- Compiled sales estimates within Global Cost Model incorporating ED&D costs, manufacturing costs, materials, and capital investment for accurate forecasting.
- Collaborated with program management, engineering, and sales teams to deliver accurate financial data for project assessments.
- Collected and analyzed financial data to support decision-making.
Plant Controller
Magna International, Inc.
01.2011 - 01.2015
- Monthly closing of general ledger - improved closing time from 5 days to 2.5 days.
- Monthly variance analysis reporting to executive management.
- Year-end closing of financials – including inventory audit and adjustment, internal audit files, 1099 review, tax packages, setting new standards for BOMs, and all executive management reporting.
- Develop and manage the annual budget and monthly forecast.
- Managed A/P, A/R, and financial analyst teams to ensure accuracy and compliance in financial reporting.
- Audit and manage inventory transactions in system (raw component purchases through finished goods).
- Implemented process improvements across departments, enhancing operational efficiency and accuracy.
- Developed processes and procedures for startup company (Magna E-Car) to establish foundational financial operations.
Controller
Magna International, Inc.
01.2008 - 01.2011
- Developed cost model for new and existing projects to enhance financial accuracy.
- Executed month-end and year-end closing procedures for general ledger across two entities.
- Managed SAP implementation project, ensuring seamless integration across departments.
- Created new policies and procedures to support new ERP system.
- Managed accounts payable team, fostering process improvements and professional development.
- Maintain budget and costing on engineering projects.
IT Financial Analyst / Senior Consultant
4Gen Consulting LP
Troy, MI
01.2007 - 01.2008
- Assisted project and client team members in developing a budget and forecast process model for managing a multi-million dollar IT project.
- Analyzed financial data to identify trends and inform strategic decisions.
- Developed financial models to support project evaluations and forecasting.
- Prepared comprehensive reports for management on financial performance.
Financial Analyst
Durakon Industries, Inc.
Lapeer, MI
01.2003 - 01.2007
- Managed annual budget and developed monthly forecasts to guide financial planning.
- Analyzed company expenditures and presented findings on discrepancies to senior management for informed decision-making.
- Completed monthly plant report and provided variance analysis to identify key financial trends.
- Reconcile actual results to prior forecast and budget.
- Performed consolidations and month-end closing processes for the general ledger.
- Assist with annual inventory counts.
Financial Analyst
ABB, Inc.
Auburn Hills, MI
01.2002 - 01.2003
- Supervised financial assistant and payroll specialist to ensure accurate payroll processing.
- Analyzed departmental spending and collaborated with management to resolve discrepancies.
- Completed monthly reconciliations of key accounts and journal entries to maintain financial accuracy.
- Assisted in preparing for semi-annual audits by gathering necessary documentation and collaborating with auditors.
Project Controller
ABB, Inc.
Auburn Hills, MI
01.2001 - 01.2002
- Analyzed project spending and presented findings to management.
- Processed client invoices promptly to ensure timely payments.
- Managed project schedules to ensure timely completion of deliverables.
- Coordinated budget reviews and expense tracking for multiple projects.
- Developed project documentation and reports for stakeholder reviews.
Financial Budget Analyst
General Motors Corp.
Flint, MI
01.1998 - 01.2000
- Developed and managed departmental budget and forecasts to align with financial goals.
- Tracked miscellaneous expenditures and completed journal entries to ensure accurate financial reporting.
- Analyzed budget proposals for new vehicle development projects.
- Collaborated with departments to ensure budget compliance and accuracy.
- Prepared financial reports for senior management review and decision-making.
Staff Accountant
Super-Flite Oil Company
Saginaw, MI
01.1994 - 01.1998
- Executed weekly accounts payable and payroll functions to ensure timely processing and accuracy.
- Prepared monthly journal entries and financial statements to support management decision-making.
- Managed monthly financial close process for multiple departments at Super-Flite Oil Company.
- Prepared accurate journal entries and reconciled general ledger accounts regularly.
- Assisted in developing annual budgets and forecasts for departmental spending.
Staff Accountant
Davison Administrative Services
Saginaw, MI
01.1989 - 01.1993
Education
Bachelor of Business Administration - Accounting
Saginaw Valley State University
Saginaw, Michigan08.1992
Skills
- Financial reporting
- Financial consolidation
- Budget management
- Variance analysis
- Budget analysis
- Cash forecasting
- Hyperion expertise
- Excel and SAP
- Leadership development
Timeline
Director of Finance
IAC Group, Inc.
01.2023 - Current
Lead Project & Quote Controller
Magna International, Inc.
01.2019 - 01.2022
Project & Quote Controller
Magna International, Inc.
01.2015 - 01.2019
Plant Controller
Magna International, Inc.
01.2011 - 01.2015
Divisional Controller
Magna International, Inc.
01.2008 - 01.2023
Controller
Magna International, Inc.
01.2008 - 01.2011
IT Financial Analyst / Senior Consultant
4Gen Consulting LP
01.2007 - 01.2008
Financial Analyst
Durakon Industries, Inc.
01.2003 - 01.2007
Financial Analyst
ABB, Inc.
01.2002 - 01.2003
Project Controller
ABB, Inc.
01.2001 - 01.2002
Financial Budget Analyst
General Motors Corp.
01.1998 - 01.2000
Staff Accountant
Super-Flite Oil Company
01.1994 - 01.1998
Staff Accountant
Davison Administrative Services
01.1989 - 01.1993
Bachelor of Business Administration - Accounting
Saginaw Valley State University