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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.
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic 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 Electronics.
The Senior Financial Analyst (SFA) is responsible in supporting the review and preparation of group financial results, annual business plan, quarterly forecast, and quarterly and annual reporting under the policies and guidelines established by Magna. The SFA ensures the timely and accurate completion of monthly, quarterly, and annual close of multiple entities and ensures all deadlines are met.
- Coordinate, consolidate and support the preparation of global quarterly forecasts and annual business plan as part of global group office team
- Prepare financial slides for quarterly presentation to senior executives
- Work closely with divisions to resolve forecasting or financial reporting issues
- Involvement with preparation of monthly consolidated financial results and journal entries
- Prepare month end reports for head office and group management review
- Analyze financial results of each division in global group compared to forecast and business plan
- Management of monthly capital spending analysis and reporting
- Evaluation and assessment of identified divisional control and financial reporting deficiencies, assistance with development of correction actions and related remediation follow-up
- Assist in coordination and monitoring of quarterly SOX 302 certification process
- Involvement with annual detailed accounting reviews of all operating divisions
- Coordinate and prepare quarterly and annual information for external auditors
- Administer financial analysis as requested by Group President, Vice Presidents or Director
- Performs other duties and special projects as required
- No direct supervision of incumbents and/or work units/departments. Provides training, or instruction, to divisional Finance Managers/Controllers, as required.
JOB REQUIREMENTS
- Accounting designation required (CPA or equivalent, completed or in-progress)
- Bachelor's Degree in Accounting or Finance
- 3-5 years of relevant experience; public accounting firm experience an asset
- Advanced experience in Microsoft Office, OneStream, or SAP an asset
Skills and Competencies
- Strong analytical skills; capable of broad scope analysis and problem solving
- Strong initiative; sense of ownership and responsibility
- Organized and able to prioritize, given many tasks are deadline oriented
- Able to work effectively in a global environment with cross functional teams
- Strong interpersonal skills - Position interacts with all levels of the organization
- Hybrid office/remote environment
The position's salary range is CAD $90,000 to CAD $110,000 per year, aligned with industry standards and candidate expertise
PHYSICAL DEMANDS
Normal amount of sitting and standing, average mobility to move around an office and plant environment, able to conduct normal amount of work on a computer.
The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.
All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.
This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties as requested by their supervisor in compliance with federal and state laws.
Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an “at-will” basis.
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.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Regular / Permanent
Magna Electronics
