Financial Analyst

Magna International • Lancaster, OH

8d

About The Position

The Financial Analyst maintains accurate accounting records and supports financial planning, forecasting, month-end close, reconciliations, and audits in a manufacturing environment. The role handles banking functions, fixed assets and tooling schedules, program-related purchase orders and cash disbursements, and analysis of cost accounts and financial variances. The analyst works with engineering, program managers, accounts receivable and payable teams, and the Controller and Assistant Controller. Candidates must have manufacturing experience; automotive manufacturing experience is an asset. A professional accounting designation and at least five years of post-qualification accounting experience in manufacturing are required.

Requirements

• Professional accounting designation: CMA, CGA, CPA, or CA.
• At least five years of post-qualification accounting experience in a manufacturing setting.
• Manufacturing experience is mandatory.
• Practical, relevant experience with Microsoft Office.
• Good mathematical skills and ability to analyze data.
• Strong verbal and written listening and communication skills.
• Attention to detail and strong organizational skills.
• Ability to work in a fast-paced environment with a variable workload and flexible hours.
• Ability to understand, anticipate, and follow direction while exercising mature judgment.
• Ability to interact effectively with other team members.
• Ability to maintain confidentiality and use discretion and tact.

Nice To Haves

• Experience in automotive manufacturing.

Responsibilities

• Maintain accurate and consistent accounting records and adhere to government and corporate policies and procedures.
• Perform banking functions and bank reconciliations as required.
• Review capital expenditures to ensure proper account code distribution.
• Maintain the monthly fixed-assets addition schedule and supporting documentation.
• Maintain monthly tooling and analysis reconciliation schedules.
• Manage, track, and update program-related purchase orders and program cash disbursements.
• Update program pro forma income statements as required.
• Reconcile balance-sheet accounts related to tooling inventory and fixed assets, and prepare periodic journal entries.
• Support engineering and program managers with tasks such as entering requisitions.
• Review and analyze cost accounts and prepare journal entries required for month-end close.
• Prepare and enter general-ledger journal entries related to tooling and fixed assets.
• Prepare variance analyses comparing actual results with budget and forecast.
• Work with accounts receivable and accounts payable teams to ensure tooling-program invoices are prepared on time and fully supported.
• Prepare, update, and understand Excel spreadsheets used for analysis and reconciliations.
• Assist the Controller and Assistant Controller with the financial sections of the business plan and periodic forecasts, and with audit-related tasks.
• Perform other accounting functions and duties as requested or required.

Benefits

• Medical, dental, vision, and prescription coverage.
• Short- and long-term disability coverage.
• Company-paid life insurance and AD&D coverage.
• 401(k) with company match.
• Flexible Spending Account.
• Health Savings Account with a qualifying medical plan.
• Profit sharing after two years of service.
• Plant quarterly bonus opportunity.
• Safety shoe allowance.
• Vacation based on length of service.
• 10 paid holidays.
• Three paid personal days and one sick day.
• Tuition reimbursement.
• Magna Family Scholarship Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed