Financial Analyst

Group Summary

Magna is an innovative leader in the development and manufacturing of high‑quality complete seating systems. Our solutions include seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities encompass market and consumer research; full concept development; design and engineering; testing, validation and world‑class manufacturing. Our award‑winning seating solutions are developed from consumer research, focusing on comfort, convenience and connectivity.

• Professional accounting designation (CMA, CGA, CPA or CA).
• Minimum of five (5) years post‑qualification experience in accounting within a manufacturing setting.
• Experience in automotive manufacturing is an asset.
• Practical, relevant experience with Microsoft Office.
• Strong math skills and ability to analyze data.
• Strong listening and communication (verbal and written) skills.
• Attention to detail and strong organizational skills.
• Ability to work well in a fast‑paced environment with a variable workload (flexible hours).
• Ability to understand, anticipate and follow direction while exercising maturity of judgment.
• Effective interaction with other team members.
• Maintain confidentiality, using discretion and tact.

• Complete accurate and consistent accounting records.
• Adhere to Government and Corporate policies and procedures.
• Perform banking functions and bank reconciliations as required.
• Review all capital expenditures to ensure proper account code distribution.
• Maintain monthly fixed‑assets addition schedule and supporting documents.
• Maintain monthly tooling and analysis reconciliation schedule.
• Maintain, manage, track, and update program‑related Purchase Orders and cash disbursements.
• Update the program proforma income statements as required.
• Reconcile balance‑sheet accounts related to tooling inventory, fixed assets and prepare journal entries periodically.
• Support engineering and program managers with requisition entry and related tasks.
• Review and analyze cost accounts and prepare required journal entries for month‑end close.
• Prepare and input journal entries into the general ledger related to tooling and fixed assets.
• Prepare variance analyses (actual vs. budget and forecast).
• Work closely with AR and AP team to ensure all invoices related to tooling programs are prepared on time and fully supported.
• Prepare, update, and fully understand Microsoft Excel spreadsheets for various analysis and reconciliations.
• Assist the Controller and Assistant Controller in preparing the financial section of the business plan and periodic forecast, along with audit tasks.
• Perform miscellaneous other accounting functions as requested by the Assistant Controller and Controller.
• Other duties as required.

• Medical/Dental/Vision/Prescription
• Short and Long term disability
• Company paid life insurance and AD&D coverage
• 401(k) with a company match
• Flexible Spending Account
• H.S.A (with qualifying medical plan)
• Profit Sharing (after 2 years service)
• Plant Quarterly Bonus opportunity
• Safety Shoe Allowance
• Vacation (based on length of service)
• 10 Paid Holidays
• 3 Paid Personal Days, 1 sick day
• Tuition Reimbursement
• Magna Family Scholarship Program

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 color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously and discourages applications via email or traditional mail to comply with GDPR and local Data Privacy Law.

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. No applicant data is shared externally; all information remains securely within our system and is handled in accordance with our privacy and data protection policies.

Worker Type: Regular / Permanent

Group: Magna Seating