Financial Analyst

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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:
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.
Job Responsibilities:
JOB REQUIREMENTS:

• Provide error free analyses of accounts to the Controller and Assistant Controller
• Maintain cost accounting system; open jobs, maintain purchase orders, track/analyze cost, close jobs, and invoice customers
• Analyze job cost actual vs quote/purchase orders
• Support internal management with job costing reports and month end close as required
• Maintain work in process and fixed assets inventory, accruals and reconciliations
• Assist month end close process including financial analysis
• Assist in completion of reconciliations for month/quarter/year end
• Post Time and Material
• Maintain Accounts Receivable using our finance system.
• Support intercompany accounting activities
• Month, Quarter, and Year end finance support.
• Monthly reporting for intercompany charge backs
• Preparing reports and analysis for current/historical data during BP
• Departmental cost analysis support
• Possible payroll back up??
• Assist and support Controller to ensure financial reporting requirements are delivered accurately, timely, and meet all Magna Standards
• Provide support throughout the business plan process
• Comply with Cosma Die Technology's policies, procedures, and practices.
• Other duties as assigned

SUPERVISORY RESPONSIBILITIES:

• This job has no supervisory responsibilities.

HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITIES:

• Required to follow health, safety and environmental regulations specified in the Employee Handbook as well as any rules or standards otherwise specified by OSHA or MIOSHA or any other government regulations.
• Expected to exercise caution in all work activities and report any unsafe conditions, injuries, or near misses to the appropriate supervisor.
• Responsible for ensuring that subordinates are properly trained to perform all of their work duties. In addition, must ensure that all employees follow the rules specified in their training, the Employee Handbook and any regulations set forth by government agencies such as OSHA or MIOSHA.

SKILLS AND COMPETENCIES:

• Individual should be extremely well organized, results driven, with the ability to handle diverse assignments concurrently
• Diverse accounting and financial skills
• Strong attention to detail
• Ability to prioritize workload to meet deadlines and ability to adapt to quickly changing environment
• Strategic thinker with strong analytical/problem solving skills
• Excellent communication skills with ability to present information internally and externally, representing division professionally and technically
• Ability to develop instructions and guidelines to perform functions of the job when necessary
• Excellent computer skills including MS Office
• Advanced Excel skills
• ERP experience (ie. SAP, Hyperion, Sage or similar)
• Appreciate and maintain proper level of confidentiality
• Understand and follow established rules, procedures and policies relating to position and division
• Support team with clear objectives and goals
• Use good judgment in all matters of work practices, ethical conduct, compliance and safety

EDUCATION AND/OR EXPERIENCE:

• Bachelor's Degre in Finance, Accounting
• 3-5 years' accounting experience
• Experience in automotive preferred
• Fixed Asset management a plus
• Inventory management a plus
• Proficient in Excel

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Must have satisfactory posture in order to be able to tolerate sitting for extended time periods. Requires tolerance of seated posture up to (30 min.) continuously, for a total of up to (7 hr.) per (8 hr.).
• Requires (Near/Far/Depth/Color) vision in order to be able to tolerate the eye strain associated with working on a computer throughout the work-day.
• Must be able to repetitively utilize their forearms, wrists, and hands throughout the work-day. Accordingly, must be able to tolerate the use of key-board, mouse, and/or space ball up to 75% of work-day (i.e. up to 6-8 hours per work-day.)

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.
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.
Worker Type:
Regular / Permanent
Group:
Cosma International