Senior Accountant/Analyst

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:

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Responsibilities:

POSITION SUMMARY:

The Sr. Account / Analyst ensures the timely and accurate completion of monthly, quarterly, and yearly close of multiple entities and ensures all deadlines are met.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Perform monthly closing procedures for multiple Group Office entities. This includes reporting variances to budget, latest forecast and prior year

• Assist in preparation of budget, quarterly forecasts, and quarterly review meeting (QRM) presentation to Magna Management.

• Prepare Budget and Forecast support files for Group Office as well as the One Stream load files

• Develop and maintain various templates such as OneStream Quickview files.

• Input and log standard and non-standard journal entries using AccPac / Solomon

• Assist divisions to record the inter-company fees, such as Group fees and IP Royalty fees and review for their accuracy.Record necessary top level journal entries to make sure fees are recorded properly based on Exteriors and Magna policies.

•   Assist in preparing annual audit and tax packages, including preparation of year end CMF (Controller Model File)

• Assist in responding to variance analysis questions and information requested by Magna Corporate.

• Prepare local AccPac / Solomon figures for initial and final Transfer Pricing Group Office Allocations and year end entries

• Foreign currency revaluation at month end ensures accurate reporting of foreign-denominated assets and liabilities.  

• Preparing Tax Packages requested by Magna Tax, and legal entity financial statements for Canadian tax returns

• Prepares Quarterly and Year End Deliverables for Magna International

• Perform other duties as may be assigned by Director of Finance

• Some travel may be required

The above is intended to describe the general content of and the requirements for the performance of this position.  It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Skills/Special Knowledge

• Bachelor’s degree in accounting, CPA Accounting designation is preferred, but not required. 

• Good working knowledge and familiarity with Solomon (Microsoft Dynamics accounting software) / Acc Pac / SAP / One Stream preferred. 

• Consolidation & reporting experience in Hyperion Financial Management (HFM) or OneStream preferred.

• Strong analytical and problem-solving skills. Proven ability to prioritize multiple tasks, ensuring that deadlines are met, effective organizational skills and must be detail oriented. 

• Excellent communication skills both written and verbal.  Strong degree of initiative and judgment.  Automotive experience preferred.  Comfortable working individually, or with a team, in a fast-paced, deadline driven environment. 

Experience – At least 5 years of public or corporate accounting experience is preferred.  Excellent knowledge of Excel and Word. 

Physical Demands/Work Environment – Normal amount of sitting or standing, average mobility to move around an office environment,