Senior Analyst, IT Finance & Controlling

Posted Yesterday
Be an Early Applicant
Aurora, ON, CAN
Hybrid
88K-88K Annually
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Support IT finance and controlling activities including financial reporting, budgeting, forecasting, project accounting, and CAPEX tracking. Provide analysis, management reporting, business cases, and ensure compliance with accounting policies and internal controls while partnering with IT operational teams.
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:
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:

  • Salary: Starting at $88,000 CAD

  • Immediate, Open Position

The Senior Analyst, Finance & Controlling is responsible for supporting Magna’s IT finance and controlling activities, including financial reporting, business planning, budgeting, forecasting, project accounting, and capital expenditure tracking. This role partners closely with IT operational teams to provide financial analysis, management reporting, and decision-making support while ensuring compliance with accounting policies, internal controls, and organizational objectives.

Your Responsibilities

  • Responsible for the Controlling processes for assigned IT functional and regional areas such as monthly, quarterly, and year-end reporting, business planning, project accounting and capital expenditure tracking

  • Monitor and analyze financial metrics, key performance indicators to identify financial risks and trends

  • Partner with the Magna IT operational team to provide them with management reporting, business analysis for decision making and provide support for pricing of services

  • Preparation of accurate and timely financial reports and presentations for various stakeholders, ensuring compliance with accounting policies & principles and maintain effective internal controls to safeguard company assets

  • Support the preparation of the annual budget and quarterly forecast for the assigned business areas ensuring alignment with organizational goals and strategic planning

  • Provide support to prepare business cases for new initiatives or renewals

  • Other responsibilities that may be assigned from time to time

Who we are looking for

  • Bachelor’s degree in finance/controlling/accounting; or equivalent combination of education and experience

  • Strong proficiency in financial management software and ERP systems (e.g., SAP, data warehouse).  Advanced Excel and PowerPoint skills and familiarity with data analysis tools (e.g., Power BI, Tableau).

  • Minimum 4 years’ relevant experience in Accounting and Finance with a thorough knowledge of financial and accounting practices & procedures

  • Accounting experience to include overseeing/managing company financial summaries such as month-end, year-end and operation reviews, year-end auditing process, general accounting, developing business plans, and analysis of balance sheets, income statements and cash flow 

Your preferred qualifications

  • Professional accounting designation is preferred

  • Experience working with remote teams would be considered an asset

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.

In addition, we offer you the following site benefits:

An overview of our benefits will be discussed during the recruitment process. 

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 based on 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 to comply with GDPR requirements and your local Data Privacy Law. 

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:
Magna Corporate

Skills Required

  • Bachelor's degree in finance, controlling, or accounting (or equivalent experience)
  • Minimum 4 years' relevant experience in Accounting and Finance
  • Strong proficiency in financial management software and ERP systems (e.g., SAP, data warehouse)
  • Advanced Excel and PowerPoint skills
  • Familiarity with data analysis and visualization tools (e.g., Power BI, Tableau)
  • Experience with month-end, year-end close, audits, general accounting, and financial statement analysis (balance sheet, income statement, cash flow)
  • Professional accounting designation
  • Experience working with remote teams

What the Team is Saying

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Dave
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Sam
Jim

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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