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What we offer:Job Responsibilities:
- Receive and verify invoices and requisitions for goods and services.
- Ensure intercompany balances are reconciled at month end.
- Verify vendor accounts by reconciling monthly statements and related transactions
- Ensuring intercompany balances are reconciled at month end and documented appropriately
- 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)
- Bring visibility to potential exceptions to accounting policies and procedures
- Support the creation of 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 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 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
- Follow Magna’s Code of Conduct and Ethics and related compliance policies
- Additional duties and responsibilities as assigned
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:
Group:
Skills Required
- Student or Co-op status (Worker Type: Student / Co-Op)
- Experience or familiarity with HFM (financial reporting/consolidation system)
- Ability to perform invoice verification and vendor account reconciliations
- Ability to reconcile and document intercompany balances at month end
- Experience preparing month-end/quarter-end reporting schedules and accruals
- Strong analytical skills and attention to data integrity in financial reporting
- Ability to assist with budget preparation and divisional year-end file reviews
What the Team is Saying
Magna International Compensation & Benefits Highlights
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Healthcare Strength — Benefits include medical, dental, vision, and pharmacy coverage alongside disability and life insurance, plus mental‑health support via an Employee & Family Assistance Program and wellness programs. Voluntary options such as pet and auto/home insurance further expand the health-related offering.
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Retirement Support — Retirement programs feature a 401(k) with company match and profit sharing, with corporate filings confirming the U.S. 401(k) plan and employer contributions. Other long‑term levers like equity programs and performance bonuses add to wealth‑building potential.
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Wellbeing & Lifestyle Benefits — Company materials highlight a total‑rewards commitment and programs such as donation‑matching and an employee disaster relief fund that provide added support. Work‑life and development elements (e.g., PTO, parental leave, flexible work, and tuition reimbursement) are presented for many roles.
Magna International Insights
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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Magna International Teams
Magna International Offices
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.
