Financial Analyst

Magna International•Mississauga, ON

28d•CA$69,000 - CA$79,000

About The Position

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. Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Requirements

University degree in accounting or related field
Four years’ experience in a manufacturing environment.
High proficiency Excel skills.
Results and detailed oriented
Willingness to take ownership for tasks and responsibilities.
Organized, poised and relaxed, able to meet prescribed deadlines, sometimes under pressure.
Able to analyze data, recognize areas of concern, investigates and provides recommendations to Management.
Strong oral and written communication skills.
Work effectively with cross-functional teams.
Detailed knowledge and understanding of GAAP

Nice To Haves

CMA/CPA designation (or near completion) is preferred.
CMS experience is a plus.

Responsibilities

Monitoring and tracking of customer tooling workorder budgets.
Invoice completed tooling projects; follow up on collections, close out tooling inventory accounts.
Prepare audit schedules related to customer tooling where required & assist with inquiries.
Maintenance of standard manufacturing costs, review of Bill of Material accuracy, performs cost rolls.
Co-ordinate with purchasing/business development to ensure cost data is accurate.
Responsible for the inventory accounting cycle, reporting and variance analysis (includes MRO).
Responsible for the completion of monthly journal entries, balance sheet reconciliations of all inventory and tooling accounts and analysis as assigned.
Completion of various reports, internal and government.
Providing financial support to the business units; supporting the annual budgeting and forecasting processes
Participate in weekly APQP meetings.
Knowledge of and ensures compliance with Magna International Finance Policy Database, as well as Magna Minimum Control Procedures.
Continuously adhere to and apply the Magna Employee’s Charter, the Magna Corporate Constitution, and the Magna Operational Principles in all aspects of position and interaction with others.
Effective use of MDV’s Escalation Process.
Compliance to IATF customer requirements
Attends all scheduled meetings and training.
Understands and follows established rules, procedures and policies relating to position.
Ensure a safe working environment by observing safe work practices and by following all safety policies and procedures.
Other duties that may be assigned.