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Financial Analyst

Job Number:  64754
Group:  Magna Mechatronics, Mirrors & Lighting
Division:  TECHFORM - PLANT 1
Job Type:  Permanent/Regular

Penetanguishene, ONTARIO, CA, L9M 1G8

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

The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.


About the Role

Your Responsibilities

•    Ensures all accounting transactions are recorded in an effective and timely manner in accordance with GAAP.
•    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
•    Complete monthly loading of financials to global financial system
•    Prepare monthly expenditure reports for department leaders
•    Assist in continuous improvement initiatives 
•    Assist with business plan and quarterly forecast process
•    Perform any activities that would pertain to the maintenance of an accurate and detailed Fixed Asset subledger
•    Takes the Lead on conducting internal and external auditing procedures; and ensures Management Controls are following Sarbanes Oxley 404.
•    Serves as back-up to the accounting staff.
•    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 Employee Handbook
•    Maintain work area in accordance with the principles of 5S and operate daily within these standards
•    Perform other duties as required

Who we are looking for

•    Analyses Data
•    Communicates Effectively 
•    Focuses on Continuous Improvement
•    Detail oriented and excellent analytical skills
•    Excellent Excel skills
•    Forecasting, Budgeting & Financial Modelling Skills
•    Ability to work in a team-oriented environment.
•    Able to manage deadlines with minimal supervision.
•    Interpersonal and organizational skills

Your preferred qualifications

•    Bachelor’s degree in accounting or finance
•    Having or working towards CPA designation is an asset
•    3+ years of relevant experience 
•    Prior experience in the manufacturing industry is an asset

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

Candidates will be required to complete a Criminal Records Check and, if deemed necessary, a Credit Check as part of the candidate selection process.

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

•    A great work experience with a diverse and dedicated workforce
•    A strong focus on safety and health and wellness (fitness membership discounts)
•    Three (3) paid personal days
•    Competitive extended health benefits
•    Group RRSP matching program
•    Profit Sharing Plan
•    Team appreciation lunches and events
•    Education Reimbursement Program 
•    Continuous Improvement and Development Culture

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.

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