Aurora, Ontario, Canada
21 hours ago
Financial Analyst

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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:

Position Overview:

To support Magna Powertrain’s global consolidation and reporting process, including the monthly/quarterly analysis of operating results, review of data accuracy and integrity in various systems, participation in monthly operating results meetings; and other projects at the request of MPT Corporate.

Key Responsibilities:

Participate in the overall consolidation of the group’s financial results in accordance with reporting timelines and parent company policiesFollow-up with product groups and operating entities on data integrity in the financial reporting system (HFM)Participate in monthly meetings to review, understand and document major performance variances by operating entity through dialogueBring visibility to potential exceptions to accounting policies and proceduresGenerate key financial reports and other key operating metrics on a monthly basis for distribution to executive managementPrepare internal and external reporting schedules on a quarterly basis with emphasis on group accrualsAssist in the preparation of the quarterly review materials for executive management and parent companyAssist with planning and communication to product groups 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 reviewReview of operating entity balances sheets to understand major fluctuationsAssist in the Global Office budget preparation through analytics and data integrityAssist in the annual review of divisional year-end files to ensure compliance with parent company policies and accounting practicesPrepare and manage completion of local financial statutory statementsFollow Magna’s Code of Conduct and Ethics and related compliance policiesAdditional duties and responsibilities as assigned

Customers and Business Interfaces:

Internal group office and divisional Finance teamsInternal and External Auditors, as requiredMagna International Finance team, as required

Requirements and Qualifications:

CPA designation (CGA, CMA, or CA) or equivalent3-5 years’ experience in a global manufacturer environment preferredKnowledge of US GAAP is considered an assetReporting experience in Hyperion Financial Management (HFM) is considered an assetStrong financial & data analysis skillsStrong computer application skills (MS Excel and MS PowerPoint)Good verbal and written communication skills combined with interpersonal skillsAbility to travel domestically and internationally, approximately 5% of the timeAwareness, 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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