Senior Accountant

Posted Yesterday
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Brampton, ON, CAN
Hybrid
78K-105K Annually
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Lead month-end and year-end close, maintain chart of accounts and GL mappings to OneStream, prepare financial statements, budgets, forecasts, invoices, revenue recognition, job profitability and management reports, administer foreign currency hedging, support audits and fixed asset/capital reporting, and perform related accounting duties and reconciliations.
Summary Generated by Built In

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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:

Massiv Die-Form is currently seeking an experienced Senior Accountant to join our Finance team!

Massiv Die-Form, a division of Cosma International, is an operating unit of Magna International, is one of the world‘s premier global automotive suppliers providing a comprehensive range of body, chassis, and engineering solutions to our customers.

At Massiv Die-Form, we design and build medium to large automotive and hot stamping dies. Massiv Die-Form is proudly committed to manufacture products of the highest quality, reliability, maintainability and durability for the global automotive market through skilled and dedicated people focused on total customer satisfaction, ongoing protection of the environment and the profitable well being of our company.

Major Responsibilities and Duties:

  • Lead month-end and year-end close processes, including journal entries, accruals, uploading to One Stream (OS) and reconciliations

  • Maintain local chart of Accounts

  • Maintain mapping of local GL accounts to OS

  • Assist in preparation of month end/year end financial statements, financial projections and month end reports for management and corporate information purposes

  • Assist in preparation of detailed annual operating and capital budget and multi-year financial plans (budgets) and Forecasts

  • Prepare invoices for Intercompany chargebacks

  • Analyze ongoing service contracts and leases

  • Prepare month end Revenue Recognition spreadsheet including reconciliations to G/L

  • Job Profitability & billing analysis

  • Prepare Management reports (eg. Labour Trend, Cost of Quality & Vacation)

  • Administration of foreign currency hedging program.

  • May occasionally be required to go to the Bank to make deposits or payments.

  • Prepare and coordinate fixed asset and capital requests

  • Prepare annual capital budgets for all operations

  • Maintain divisional capital database

  • Assist in monthly reforecast

  • Prepare monthly opportunity and risk schedules and variance analysis reports for corporate reporting

  • Assist with audits (internal and external) and ensure compliance with regulatory requirements.

  • Monthly reporting of WSIB/EHT/Manulife and yearly reconciliations as required

  • Additional ad hoc reporting to Management and/or Corporate as required

  • Perform other reasonable duties as required and assigned.

Qualifications:

  • Accounting or Finance post-secondary degree or diploma required

  • CPA or close to CPA completion

  • Minimum of four to five years related experience. Automotive experience is an asset, but not required.

  • Knowledge of Visual Manufacturing or equivalent, General Ledger, Job Costing, A/P, A/R, data transfer

  • Advanced Microsoft Word/Excel

Additional Information:

  • In-office position

  • Overtime may be required at times, especially during month end

  • Salary range: $78,000-105,000 based on candidate experience and qualifications

What we Offer:

  • Competitive wages based on candidate

  • Health, Dental, Vision insurance (Flex Benefit Package)

  • Referral program bonus

  • Profit-sharing program

  • Group RRSP matching

  • Magna Base Contribution (MBC) program

  • Safety shoe and prescription safety glass benefits

  • Quarterly employee appreciation events

  • Subsidized on-site cafeteria

  • Training reimbursement program

  • Wellness program

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

Skills Required

  • Accounting or Finance post-secondary degree or diploma
  • CPA or close to CPA completion
  • Minimum of four to five years related experience
  • Automotive experience
  • Knowledge of Visual Manufacturing or equivalent
  • Experience with General Ledger, Job Costing, A/P, A/R, and data transfer
  • Experience using OneStream (One Stream) for uploads and reconciliations
  • Advanced Microsoft Word and Excel

What the Team is Saying

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Dave
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Magna International Compensation & Benefits Highlights

  • 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.
  • 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.
  • 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

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The Company
HQ: Aurora, Ontario
171,000 Employees
Year Founded: 1957

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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About our 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.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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