Financial Analyst

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.

Job Responsibilities

• Complete accurate and consistent accounting records
• Adeherence to Government and Corporate policies and procedures
• Perform banking functions and bank reconciliations as required
• Review all capital expenditures to ensure proper account code distribution
• Maintain monthly fixed assets addition schedule and all supporting documents
• Maintain monthly tooling and analysis reconciliation schedule
• Maintain, manage, track and update program related Purchase Orders and cash disbursements related to programs
• Update the program proforma income statements as required
• Reconcile balance sheet accounts related to tooling inventory, fixed assets and prepare journal entries periodically
• Support engineering and program managers with various tasks such as entering requisitions
• Responsible to review and analyze various cost accounts and prepare required journal entries for month end close
• Prepare and input journal entries into the general ledger related to tooling and fixed assets
• Prepare various variance analysis actual versus budget and forecast
• Work closely with AR and AP team to ensure all invoices related to tooling programs are prepared on time and fully supported
• Prepare, update and fully understand various Microsoft excel spreadsheets for various analysis and reconciliations
• Assist the Controller and Assistant Controller in the preparation of the financial section of the business plan and the periodic forecast, along with tasks related to audits
• Perform miscellaneous other accounting functions as requested by the Assistant Controller and Controller

REQUIRED SKILLS/EXPERIENCE

• A professional accounting designation (CMA, CGA, CPA or CA)
• A minimum of five (5) years post qualification experience in accounting in a manufacturing setting
• Experience in automotive manufacturing is an asset
• Practical, relevant experience with Microsoft Office
• Good math skills and the ability to analyze data
• Strong listening and communication (verbal and written) skills
• An attention to detail and strong organizational skills
• The ability to work well in a fast-paced environment and with a variable workload (flexible hours)
• The ability to understand, anticipate and follow direction while exercising maturity of judgement
• The ability to interact effectively with other team members
• The ability to maintain confidentiality, and use discretion and tact