Financial Analyst

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Position Overview:

To support Magna Powertrain’s global consolidation and reporting process, including the monthly/quarterly analysis of operating results, review of data accuracy and integrity in various systems, participation in monthly operating results meetings; and other projects at the request of MPT Corporate.

Key Responsibilities:

• Participate in the overall consolidation of the group’s financial results in accordance with reporting timelines and parent company policies
• Follow-up with product groups and operating entities on data integrity in the financial reporting system (HFM)
• Participate in monthly meetings to review, understand and document major performance variances by operating entity through dialogue
• Bring visibility to potential exceptions to accounting policies and procedures
• Generate key financial reports and other key operating metrics on a monthly basis for distribution to executive management
• Prepare internal and external reporting schedules on a quarterly basis with emphasis on group accruals
• Assist in the preparation of the quarterly review materials for executive management and parent company
• Assist with planning and communication to product groups and regional teams for reporting timelines (quarter end, year-end etc.)
• Assist with preparation and review of month-end and quarterly binders to ensure appropriate documentation are maintained for audit review
• Review of operating entity balances sheets to understand major fluctuations
• Assist in the Global Office budget preparation through analytics and data integrity
• Assist in the annual review of divisional year-end files to ensure compliance with parent company policies and accounting practices
• Prepare and manage completion of local financial statutory statements
• Follow Magna’s Code of Conduct and Ethics and related compliance policies
• Additional duties and responsibilities as assigned

Customers and Business Interfaces:

• Internal group office and divisional Finance teams
• Internal and External Auditors, as required
• Magna International Finance team, as required

Requirements and Qualifications:

• CPA designation (CGA, CMA, or CA) or equivalent
• 3-5 years’ experience in a global manufacturer environment preferred
• Knowledge of US GAAP is considered an asset
• Reporting experience in Hyperion Financial Management (HFM) is considered an asset
• Strong financial & data analysis skills
• Strong computer application skills (MS Excel and MS PowerPoint)
• Good verbal and written communication skills combined with interpersonal skills
• Ability to travel domestically and internationally, approximately 5% of the time

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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.