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Magna International

Financial Analyst

Posted Yesterday
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Hybrid
Brampton, ON
Junior
Hybrid
Brampton, ON
Junior
Assist in month-end accounting functions, reconcile accounts, manage BOM updates, support cost calculations, and promote continuous improvement initiatives.
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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.
Group Summary:
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
Job Responsibilities:
RESPONSIBILITIES:
  • Assist in completion of month-end accounting functions including preparation of journal entries
  • Complete relevant monthly, quarterly and annual reconciliation of accounts in a timely manner
  • Update BOMs as per ECNs on a timely basis
  • Maintains BOM changes/ECN documentation
  • Setup new BOMs as required by Engineering/Materials
  • Update current and Frozen cost with new purchase price
  • Run BOM revaluation as needed
  • Resolve any issues related to BOMs
  • Key player during BOM cost reviews
  • Process adjustments as per BOMs audits
  • Update current and Frozen cost with current FX rate ( Per business plan or as needed)
  • Update EON Field in part master with component Purchase price as per business plan
  • Change BOM routing as required by Production
  • Calculation of Product cost of FG parts for Business plan/Forecasts
  • Prepare Cost/Inventory section of Audit file and/or other sections as needed.
  • Cost of Quality reporting
  • Assist in continuous improvement initiatives
  • Assist with business plan and quarterly forecast process

Other Accounting Tasks:
  • Assist with corporate reporting
  • Update KOI charts
  • Perform all job functions in a safe and healthful manner, abiding by all health, safety and environmental rules and regulations, promoting safety in the workplace
  • Comply with the requirements of C-TPAT/PIP
  • Conduct business in an ethical manner in compliance with the Magna Code of Conduct
  • Report all accidents/incidents and unsafe conditions/behavior
  • Adhere to applicable quality systems and IATF16949 standards
  • Adhere to and promote the Employee Charter and work within the rules, regulations and guidelines of the Plastcoat Employee Handbook
  • Maintain work area in accordance with the principles of 5S and operate daily within these standards
  • Perform other duties as required

QUALIFICATIONS:
EDUCATION:
  • Bachelor's degree in accounting or finance
  • Having or working towards CPA designation is an asset

EXPERIENCE:
  • 1-2 years of relevant experience
  • Prior experience in the manufacturing industry is an asset

SKILLS:
  • Strong interpersonal, verbal and communication skills
  • Strong analytical and problem solving skills
  • Advanced Excel skills
  • Ability to establish priorities, meet deadlines and work in a fast pace environment

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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Fixed Term (Fixed Term)
Group:
Magna Exteriors

Top Skills

Bom Software
Excel

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