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Financial Analyst

Magna International
$79,779 - $101,019 a year
York Region, Ontario
Full time
3 days ago

Job descriptions may display in multiple languages based on your language selection.

What we offer:

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary:

Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.

Job Responsibilities:

Key Responsibilities:

  • Participate in the overall consolidation of the group’s financial results in accordance with reporting timelines and parent company policies
  • Follow-up with business units and operating entities on data integrity in the financial reporting system (OneStream)
  • Participate in monthly meetings to review, understand and document major performance variances by operating entity through dialogue
  • Bring visibility to potential exceptions to accounting policies and procedures
  • Generate key financial reports and other key operating metrics on a monthly basis for distribution to executive management
  • Prepare internal and external reporting schedules on a quarterly basis with emphasis on group accruals
  • Assist in the preparation of the quarterly review materials for executive management and parent company
  • Assist with planning and communication to business units and regional teams for reporting timelines (quarter end, year-end etc.)
  • Assist with preparation and review of month-end and quarterly binders to ensure appropriate documentation are maintained for audit review
  • Review of operating entity balances sheets to understand major fluctuations
  • Assist in the Global Office budget preparation through analytics and data integrity
  • Assist in the annual review of divisional year-end files to ensure compliance with parent company policies and accounting practices
  • Prepare and manage completion of local financial statutory statements
  • Follow Magna’s Code of Conduct and Ethics and related compliance policies
  • Additional duties and responsibilities as assigned

The above is intended to describe the general content of the performance of this position. It is not to be construed as an exhaustive statement of duties or responsibilities.

Customers and Business Interfaces:

  • Internal group office and divisional Finance teams
  • Internal and External Auditors, as required
  • Magna International Finance team, as required

The above is intended to describe the key internal/external customer or supplier groups of this position.

Requirements and Qualifications:

  • CPA designation (CGA, CMA, or CA) or in the process of pursing the designation
  • 3-5 years’ experience in a global manufacturer environment preferred
  • Knowledge of US GAAP is considered an asset
  • Reporting experience in OneStream is considered an asset
  • Strong financial & data analysis skills
  • Strong computer application skills (MS Excel and MS PowerPoint)
  • Good verbal and written communication skills combined with interpersonal skills
  • Ability to travel domestically and internationally, approximately 5% of the time

The above is intended to describe the requirements for the performance of this position. It is not to be construed as an exhaustive statement of requirements and qualifications.

Magna’s Global Leadership Competencies:

Leading Self

  • Program/Project Manager, Professional, Technical, Support, Manual

Think Strategically

  • Understands the connection of day-day activities to the bigger picture

Act Decisively

  • Makes decisions based on guidelines and policies

Champion Change

  • Embraces change.

Lead the Team

  • Meet team's fundamental needs

Inspire Others

  • Meets individual and team goals

Think Top and Bottom Line - Understanding the Business

  • Understands business fundamentals and practices

Prioritize Achievement

  • Works effectively to meet standards and achieve results

Be Agile and Adapt

  • Recognizes the need to adapt and respond to changes

Health and Safety:

  • Understand applicable Environmental, Health & Safety policies and procedures in the workplace
  • Report unsafe conditions to your supervisor/manager and/or a JHSC member immediately
  • Report injuries, accidents, illnesses, near misses, property damage to your supervisor/manager and/or a JHSC member immediately
  • Follow safety rules
  • Comply with requirements for the use or operation of machines or equipment
  • Comply with Personal Protective Equipment (PPE) requirements

Awareness, Unity, Empowerment:

At Magna, we believe that 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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Worker Type:

Regular / Permanent

Group:

Magna Powertrain
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