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Magna International

Jr. Accountant

Posted 12 Hours Ago
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Hybrid
Tecumseh, ON
Junior
Hybrid
Tecumseh, ON
Junior
The Junior Accountant assists with financial tasks, maintains accurate records, aids in reporting and compliance, and analyzes financial data.
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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:
Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.
Job Responsibilities:
The Junior Accountant is responsible for supporting the accounting department by performing a variety of financial tasks. They ensure that financial records are accurate, up-to-date, and compliant with relevant regulations. Their role involves coordinating with other departments and assisting with financial reporting and analysis.
Standard Duties & Responsibilities
Support compliance to Magna Standards such as MMSA, MAFACT and MQS systems.
Support compliance to IATF, ISO 14001 and TISAX systems.
Complies and upholds the expectations of internal standards, processes, and legislative requirements.
Conduct in accordance with the Magna Charter, Magna Operating Principles and Corporate Ethics guidelines.
Promotes and ensures adherence to Company, Legislative and Magna Safety practices.
Achieve technical confidence to challenge current standards and progress division to the next level.
Assist with improvement initiatives related to Key Operating Indicators assigned by GM.
Responsible to identify any potential or actual Health & Safety concerns to ensure risks are mitigated and compliance to legislation is consistently maintained.
Support quality, safety, environmental and sustainability objectives.
Complete corrective and preventive actions as appropriate for any non-conformance within jurisdiction and assist with non-compliances identified during customer / internal and / or external audit.
Participate in the continuous improvement and cost reduction activities using problem solving methods.
Participate in company meetings and key events as required.
Responsible for ensuring adherence to daily 5S activities and improvements.
Work with other departments towards overall plant goals.
Any other requests deemed reasonable by management.
Job Specific Duties & Responsibilities
Financial Reporting: Prepare, generate, and balance financial reports and statements; Provide analysis of data & report discrepancies when identified.
Financial Record Maintenance: Maintain and update financial records, including ledgers, journals, and accounts.
Ensure all financial transactions are accurately recorded and categorized.
Business Plan and Forecasting: Assisting in the preparation of current and financial forecasts. This involves analyzing past data and forecasting future performance based on company volumes, cost changes etc.
Compliance and Audits: Ensure compliance with company policies, procedures, and relevant regulations.
Assist with internal and external audits by providing necessary documentation and information.
Data Analysis: Analyzing financial data to identify trends, variances, and opportunities for improvement.
Month-End and Year-End Closing: Assisting with the month-end and year-end closing processes, including accruals, journal entries, and financial statement preparation.
Continuous Improvement Cost Savings: Assist with financial verification, tracking and monitoring of continuous improvement projects with cost impact.
Support: Back up representative for department Support Staff as required
Qualifications
Education: University degree in related field preferred
Additional Training: Accounting Software; Regulatory Compliance preferred.
Experience: Minimum 1 year in related field preferred
Characteristics: Able to communicate effectively with coworkers; Effective trouble shooting; Demonstrated ability to operate effectively in a fast-paced environment with minimal guidance; Demonstrated initiative to improve tasks and take action. Ability to uphold confidentiality & integrity.
Technical: Proficient Computer Skills; Automotive related knowledge an asset.
Confidentiality
Confidentiality is critical for Magna, it's Customers and Employees. As a team member, each employee is responsible to:
Protect sensitive information from unauthorized access, disclosure, alteration, and destruction.
Report any suspected security incidents or breaches immediately.
Ensure information is used solely for the purpose for which it was intended.
Maintain the confidentiality of all proprietary information, both during and after employment with Magna.
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:
Regular / Permanent
Group:
Magna Seating

Top Skills

Accounting Software
Financial Reporting Tools

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