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Job Number:  17215
Group:  Cosma International
Division:  Promatek Research Centre
Job Type:  Permanent/Regular

Brampton, ON, CA





Job Number: 17215 
Group: Cosma International  
Division: Promatek Research Centre 
Job Type: Permanent/Regular 
Location: Brampton 




Group Description


Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.



Key Responsibilities

  • Manage all financial planning and budgeting for the division.
  • Appreciate and maintain proper level of confidentiality.
  • Manage the system that reports/reviews operating results, internally/externally, as required.
  • Acts as liaison with internal and external auditors as required.
  • Help to ensure the operation is legal, ethical, and for financial reporting purposes, follows generally accepted accounting principles.
  • Provide financial analysis support.
  • Oversee establishment of purchasing systems and monitors day-to-day purchasing processes to achieve budget control and adherence to fiscal policies.
  • Support Employees with purchasing details, final price, and negotiation of T&C’s.
  • Maintenance of standard cost tracking and allocation system by collecting analysing operation data and establishing standard or expected costs.
  • Establish policies and procedures to ensure accurate tracking of material, labour and overhead costs in the plant.
  • Prepare monthly departmental analysis of actual results compared to budget and forecast.
  • Liaison with the sales engineering department and assist in preparation of business quotations.
  • Assist in the review and preparation of capital requests
  • Support Engineering team with R&D Project financial business case analysis
  • Track all prototype and tooling sales/costs, providing margin analysis and ensuring maximum recovery.
  • Prepare any required returns under various tax legislation including GST, PST provincial and federal income tax, R&D tax credits etc.
  • Commitment and to promote continuous improvement and take advantage of cost reduction opportunities.
  • Other duties as may be required.

Key Qualifications/Requirements

  • Post-secondary education in business/ finance preferred
    • Recognized accounting designation.
  • Minimum 3 years cost accounting experience in a manufacturing environment, using standard or activity based accounting system.
  • Experience with integrated financial/manufacturing software packages – SAP, HFM, Hyperion, and MCS.
  • Strong Computer literacy with Microsoft Office (very strong with Excel)
  • Excellent organizational and communication skills in English.
  • Strong work ethic
    • Attention to detail
    • Presentation skills
    • Report writing
    • Interpersonal communication

Additional Information

General Expectations:

  • Continuously adhere to and apply the Magna Employee’s Charter, the Magna Corporate Constitution, and the Cosma Way of Thinking in all aspects of position and interaction with others.
  • Appreciate and maintain proper level of confidentiality.
  • Understand, promote and work by Promatek’s vision statement.
  • Work in a safe, organized, effective, efficient and proactive manner.
  • Able to work overtime, including afternoon, evening shifts and weekends as required.
  • Travel may be required occasionally. Note: some of the travel may be outside North America. Must have valid passport and driver’s license.
  • Demonstrates ability to work effectively within a team environment.


Working Conditions:

  • Industrial and manufacturing environment 


Health & Safety:

  • Work in a safe, organized, effective, efficient and proactive manner.
  • Ensure all safety and non-safety plant rules and regulations are followed.
  • Ensure adherence to established quality and housekeeping standards.
  • Review and adhere to Promatek’s health & safety, environmental, operating procedures, and policies.
  • Understand and uphold the principles of Bill 168 which prohibits domestic violence, workplace violence, and workplace harassment.
  • In addition to the above, the duties include those specified under the Occupational Health & Safety Act, Sec. 28.


Accommodations for disabilities in relation to the job selection process are available upon request.

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