Jr. Plant Accountant

3 weeks ago


London, Ontario, Canada Magna Seating Full time
About us

We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.

Forward. For all.

Group Summary

Magna is an innovative leader in the development and manufacturing of seating structures, foam and trim, mechanisms, and complete seats for global automotive, heavy truck and bus industries. Seating is at the center of the consumer vehicle experience and our seating solutions are developed from consumer research, prioritizing comfort, convenience and connectivity.

About the Role

Reporting to the Plant Controller, the Jr. Plant Accountant is responsible for ensuring the quality and availability of financial information, ensuring appropriate controls are in place and adhering to accepted accounting principles.

Your Responsibilities
  • Ensuring the quality and availability of financial information, including the analysis and reporting of various balance sheet and income statement accounts.
  • Daily tasks including invoice matching, costing updates, inventory management & support.
  • Evaluate and maintain accuracy of general ledger.
  • Reconcile accounts within required timeframe and prepare all monthly bank reports.
  • Record, backup and maintain audit readiness, including maintaining and supporting signoffs and meeting Magna standards.
  • Create, analyze & maintain variance analysis spreadsheets and reports.
  • Assist managers and supervisors to manage budgets and activities.
  • Prepare and maintain accounting files (Sharepoint, SAP, Excel etc.) and ensure accuracy.
  • Assist in quarterly forecast and annual budget processes.
  • Detailed variance analysis to support business performance and identifying areas of improvement as required by Qualtech and Magna International Inc.
  • Month-end journal entries and account reconciliations.
  • Responsible for maintaining safe working conditions and following all safety rules at QSS.
  • Follows all Plant Standards and ensures compliance to the QSS employee handbook along with all QSS policies and procedures.
  • Ensure that all finance departmental work activities are aligned to the Magna Employee Charter.
  • Responsible for maintaining Sarbanes Oxley procedures, Magna Financial procedures, quality procedures and instructions within the department.
  • Responsible for monthly government remittances, payment applications, maintaining costs in SAP, bank reconciliation, financial reporting & account reconciliations.
  • Perform special projects in support of the organization's business objectives.
  • Other projects and duties as assigned.
  • Work Style: On-Site #LI-Onsite
Who we are looking for Your preferred qualifications
  • A University degree or College diploma in a related field with a minimum of two years financial experience in an automotive Tier 1 manufacturing environment or the equivalent combination of education and work experience.
  • Excellent interpersonal skills.
  • Excellent oral and written communication skills.
  • Experience with computerized accounting systems and strong MS Office/PC skills.
  • Strong excel skills including lookups, tables, Macros, Power BI, etc.
  • SAP experience preferred.
  • Working towards CPA designation preferred.
  • Accommodations for disabilities in relation to the job selection process are available upon request.
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.

Site Benefits
  • Health and Dental benefits
  • Magna profit sharing
  • Matched GRRSP
  • Educational Assistance program
  • Corporate plan for Roger's cell phones
  • Employee discounts
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.


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