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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Job Responsibilities:
Position Overview:
This position performs a variety of accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling financial transactions, statements, records and reports.
Key Responsibilities:
Accounting:
- Manage day-to-day banking activities for all entities
- Create journal entries, reconcile subledgers, prepare financial statements and monthly/quarterly reporting
- Process month-end close for all entities, including preparing monthly reconciliations for balance sheet accounts and confirming intercompany balances
- Maintain general ledger and company interface to ensure accounting accuracy and analyze and verify accuracy of financial transactions and account balances
- Preparation of year-end audit files
Budgeting / Forecasting:
- Weekly Magna Treasury Forecasting
- Quarterly entity forecasting, as required
- Annual entity budgeting including collection of information from functions to complete the departmental budgets and consolidating data and uploading budgets in company systems, including the company interface
- Maintain SOX documentation and ensure compliance, including:
- Annual preparation for SOX audits
- Coordinate with Manager, Internal Controls & Compliance and ensuring that internal controls are taken to meet guidelines or in response to any audits
Other initiatives, including:
- Completing Magna Tax information packages annually
- Assisting with CRA and other types of financial audits
- Follow Magna's Code of Conduct and Ethics and related compliance policies
- Additional duties and responsibilities as assigned
The above is intended to describe the general content of the performance of this position. It is not to be construed as an exhaustive statement of duties or responsibilities.
Customers and Business Interfaces:
- All levels of employees at MPT
- Magna Powertrain Accounting Teams
- Internal / External Auditors and Consultants as required
The above is intended to describe the key internal/external customer or supplier groups of this position.
Requirements and Qualifications:
- Bachelor's Degree in Finance or related field. CPA/CPA student preferred
- 2 to 3 years in an accounting role in a manufacturing company preferred
- Knowledge of SAP and OneStream software preferred
- Proven ability to adapt, multi-task, work independently and meet deadlines
The above is intended to describe the requirements for the performance of this position. It is not to be construed as an exhaustive statement of requirements and qualifications.
Magna's Global Leadership Competencies:
Leading Self
Professional, Technical, Support, Manual
1. Think Strategically
- Understands the connection of day-day activities to the bigger picture
2. Act Decisively
- Makes decisions based on guidelines and policies
3. Champion Change
- Embraces change.
4. Lead the Team
- Meet team's fundamental needs
5. Inspire Others
- Meets individual and team goals
6. Think Top and Bottom Line - Understanding the Business
- Understands business fundamentals and practices
7. Prioritize Achievement
- Works effectively to meet standards and achieve results
8. Be Agile and Adapt
- Recognizes the need to adapt and respond to changes
Health and Safety:
- Understand applicable Environmental, Health & Safety policies and procedures in the workplace
- Report unsafe conditions to your supervisor/manager and/or a JHSC member immediately
- Report injuries, accidents, illnesses, near misses, property damage to your supervisor/manager and/or a JHSC member immediately
- Follow safety rules
- Comply with requirements for the use or operation of machines or equipment
- Comply with Personal Protective Equipment (PPE) requirements
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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Powertrain
