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 Overview
The Senior Financial Analyst plays a critical role in reviewing financial metrics, accounts, and processes to ensure compliance, identify improvement opportunities, and support strategic decision-making. This position supports plant leadership by delivering accurate financial analysis, managing key programs such as the Steel Resale Program, and contributing to continuous improvement initiatives within Finance.
Roles & Responsibilities
- Analyze financial statements, general ledger activity, and periodic financial results.
- Reconcile assigned general ledger accounts and support month-end, quarter-end, and year-end close.
- Monitor and manage the Steel Resale Program, serving as Finance liaison between OEMs and internal teams.
- Prepare financial reports, forecasts, and analyses to support management decision-making.
- Support Cost of Poor Quality (COPQ) reporting and continuous improvement initiatives.
- Ensure compliance with Sarbanes-Oxley (SOX) and internal financial controls.
- Assist with Accounts Payable, Accounts Receivable, and cross-functional finance support as needed.
- Participate in ad hoc projects to improve financial processes, controls, and efficiency.
Education & Qualifications
- Bachelor's Degree in Accounting, Finance, or a related field required.
- 3-5 years of experience in a manufacturing environment preferred.
- Experience working with steel suppliers, OEMs, budgeting systems, or compliance audits is highly desirable.
- Advanced proficiency in Microsoft Excel.
- Experience with integrated financial and manufacturing software systems.
- Ability to interpret technical and financial data.
- Strong analytical and problem-solving skills.
Benefits
- Onsite cafeteria with multiple fresh-cooked options and salad bar
- annual events (Summer cookouts, Christmas party, etc.)
- Annual uniform allowance
- Annual shoe allowance
- biennial prescription safety glasses allowance
- Perfect attendance rewards (Hourly employees)
- Medical Dental Day
- Education assistance
- 12 Paid Holidays
- Health Insurance (includes telemedicine, FSA, HSA, and other benefits)
- Dental Insurance
- Vision Insurance
- 401(k) with match
- Employee Profit Sharing Plan
- Employee Assistance Program
- Tuition Reimbursement
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.
Notice regarding the use of AI:
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.
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
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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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.
