Financial Analyst

Job Description Overview

Job descriptions may display in multiple languages based on your language selection. 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 more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

Job Responsibilities

The Financial Reporting team is responsible for Magna’s global internal and external financial close process, including the quarterly preparation of Magna’s complex public company financial statements, management’s discussion & analysis and related regulatory filings. The Financial Reporting department is an approved CPA Training Office with this position qualifying as practical experience for registered CPA students. The Financial Analyst is responsible for assisting in the monthly and quarterly financial close process.

• Liaise with reporting units to resolve issues during the close process.
• Reconcile and analyze financial statement accounts.
• Consolidate reporting unit schedules accurately.
• Prepare and maintain monthly consolidation journal entries and reporting schedules.
• Assist in preparing complex public company financial statements, including supporting schedules.
• Support compliance reporting, document accounting guidance, and maintain understanding of financial performance.

Salary

$68,000-$85,000 annually Immediate, open position

Who we are looking for

• University degree, currently pursuing or planning to pursue CPA designation.
• 0-3 years of post-university work experience.
• Financial reporting experience at a large public company or public accounting firm is an asset.
• Advanced proficiency in Microsoft Office and financial applications like One Stream is an asset.
• Strong communication skills, attention to detail, and ability to manage tasks effectively.
• Organized and able to prioritize tasks in a deadline-oriented environment.

Work Environment

• Hybrid work environment with 3 days in the office, 2 days’ work from home
• Limited travel required

Accommodations and Checks

• Please Note 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.

Site Benefits

• Remote work policy in effect
• Wellness programs and events
• On-site cafeteria
• Parking for electric vehicles
• Access to private park for employees & their families

Equality and Diversity

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.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies. Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making. If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Other Details

• Worker Type: Regular / Permanent
• Group: Magna Corporate

Company Vision

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. In the right environment, your ideas can turn into industry-changing automotive technologies and improve the lives of people around the world. Let's create the future of mobility, together.

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