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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Job Responsibilities:
Position Overview:
To support Magna Powertrain's global consolidation and reporting process, including the monthly/quarterly analysis of operating results, review of data accuracy and integrity in various systems, participation in monthly operating results meetings; and other projects at the request of MPT Corporate.
Key Responsibilities:
- Participate in the overall consolidation of the group's financial results in accordance with reporting timelines and parent company policies
- Follow-up with product groups and operating entities on data integrity in the financial reporting system (HFM)
- Participate in monthly meetings to review, understand and document major performance variances by operating entity through dialogue
- Bring visibility to potential exceptions to accounting policies and procedures
- Generate key financial reports and other key operating metrics on a monthly basis for distribution to executive management
- Prepare internal and external reporting schedules on a quarterly basis with emphasis on group accruals
- Assist in the preparation of the quarterly review materials for executive management and parent company
- Assist with planning and communication to product groups and regional teams for reporting timelines (quarter end, year-end etc.)
- Assist with preparation and review of month-end and quarterly binders to ensure appropriate documentation are maintained for audit review
- Review of operating entity balances sheets to understand major fluctuations
- Assist in the Global Office budget preparation through analytics and data integrity
- Assist in the annual review of divisional year-end files to ensure compliance with parent company policies and accounting practices
- Prepare and manage completion of local financial statutory statements
- Follow Magna's Code of Conduct and Ethics and related compliance policies
- Additional duties and responsibilities as assigned
Customers and Business Interfaces:
- Internal group office and divisional Finance teams
- Internal and External Auditors, as required
- Magna International Finance team, as required
Requirements and Qualifications:
- CPA designation (CGA, CMA, or CA) or equivalent
- 3-5 years' experience in a global manufacturer environment preferred
- Knowledge of US GAAP is considered an asset
- Reporting experience in Hyperion Financial Management (HFM) is considered an asset
- Strong financial & data analysis skills
- Strong computer application skills (MS Excel and MS PowerPoint)
- Good verbal and written communication skills combined with interpersonal skills
- Ability to travel domestically and internationally, approximately 5% of the time
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 Powertrain
Top Skills
What the Team is Saying
What We Do
We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries.
We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.
Why Work With Us
At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.
