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Senior Financial Analyst

4 months ago

Brampton, Ontario, Canada Magna International Inc. Full time

Job Number: 67987
Group: Magna Electronics
Division: Magna Vectrics
Job Type: Permanent/Regular
Location: BRAMPTON
Work Style:

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 Electronics leads the way in active safety technologies, revolutionizing the automotive industry and improving lives. With a strong focus on adapting ADAS systems and electronic solutions to any vehicle, we address a wide range of mobility and safety needs. As we build a safer, more intelligent, and connected mobility experience, Magna is dedicated to creating a better future for people globally.

About the Role

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.

Your Responsibilities
  • Coordinate, consolidate and review 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
  • 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
Who we are looking for
  • Accounting designation (CPA, CA preferred)
  • Bachelor's Degree in Accounting or Finance
  • 3-5 years of relevant experience; financial reporting experience at a large public company or public accountingfirm an asset
  • Advanced experience in Microsoft Office and other financial applications such as Hyperion Financial Management (HFM) an asset
Your preferred qualifications

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

No direct supervision of incumbents and/or work units/departments. Provides training, or instruction, to divisional Finance Managers/Controllers, as required.

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
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.