Senior Financial Analyst

At Magna, our groups work together to deliver advancements in mobility to build a better world for everyone and everything. Magna’s ADAS technologies are shaping an autonomous future and improving lives.

Full autonomy is coming. But to create the technology which will bring it into view, you need the desire and ability to adapt complete ADAS systems or modular solutions to any vehicle, for any mobility need.

Magna’s electronics solutions connect OEMs to their customers with features that improve their lives. It’s our expertise across the entire vehicle, key strategic partnerships and culture of innovation that allow us to make our industry-leading technologies road-ready. And it is how we’ll continue to build a safer, smarter and more connected mobility experience for all people.

The Senior Financial Analyst will closely interact with the management team, logistics, sales and purchasing groups.

What you'll do:

• Monthly and quarterly closing activities and variance analysis


• Preparation of financial reports and reconciliations


• Prepare and analyze journal entries, financial reports, balance sheet reconciliations and audit schedules


• Assist with creation of forecasts and business plan


• Financial analysis on company spending and costing (fixed assets/inventory/direct cost/overhead)


• Compliance with SOX documentation and procedures


• Fixed Asset tracking and reconciliation


• Collaboration with cross functional teams to ensure financial results and analysis align with overall financial goals


• Support ad-hoc requirements for reporting and analysis

What you'll bring:

• Bachelor’s Degree in Accounting or Finance


• CPA/CGA/CA is an asset


• 3-5 years of relevant experience in a high volume manufacturing environment, automotive experience a plus.


• Working experience with an ERP accounting software (JDE, Hyperion or comparable business system).


• Experience with JD Edwards / Enterprise One ERP system desired


• US GAAP experience


• Experience working with complex financial models


• High proficiency in Microsoft Office applications especially Excel and PowerBI


• Prior experience with SOX compliance and external audits

Awareness. 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 to comply with GDPR requirements and your local Data Privacy Law.