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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
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
- Manage the month end process from reviewing journal entries and account reconciliations through preparing financial statements and variance analysis.
- Supervision of A / P and A / R staff, providing support and guidance.
- Maintain fixed asset subledgers and record monthly depreciation.
- Ensure accurate and timely monthly, quarterly and year‑end close.
- Provide financial analysis and advice as required to Senior Management (GM / AGM / Controller).
- Ensure that a complete and accurate set of accounting records are maintained according to generally accepted accounting principles and following corporate procedures and internal controls.
- Assist with preparation and OS data load of the business plan and periodic updated forecasts as well as subsequent monthly variance analysis.
- Lead the preparation of the annual audit file and coordinate with external auditors in their subsequent examination of the division’s financial statements.
- Prepare and submit tax package requirements as set out by Magna Tax.
- Observe all Federal / Provincial Regulations, including standards for safe working conditions per the Occupational Health & Safety Act, and policies and procedures outlined in the Employee Handbook.
- Ensure full compliance with all administrative / clerical requirements within Magna Structures Meadowvale and with current Customer standards and procedures, quality programs and Environmental Management Systems Standards.
- Participate in Continuous Improvement / Suggestion Programs.
- Perform other assignments as requested by management and keep Manager / Designee aware of problems / slowdowns in the work area.
Core Competencies
Analytically minded with solid organizational and communication skills to meet prescribed deadlines, sometimes under pressure.Use teamwork skills to work co‑operatively with all departments and fellow employees.Provide direction, motivation and set an example through open communication and modeling best practices, providing appropriate feedback, support and resources to improve effectiveness of individuals and teams.Possess the knowledge and leadership skills to ensure the Finance department can adapt and innovate to meet changing customer demands and company policies.Demonstrate clear and respectful communication skills in all situations.Maintain confidentiality when working with sensitive information, files and records.Work outside of regular administration hours when necessary to meet deadlines.Work effectively without supervision.Possess proven organization and management skills.Be aware of how the overall program meets lean processes and make decisions to achieve Lean principles from quote to implementation.Educations And Qualifications
Accounting designation CA / CGA / CMA and a degree in Accounting or Finance.Minimum 5 years of progressive experience in accounting or finance roles, with at least 2 years in a supervisory capacity.Proficiency in use of computer software programs, including Microsoft Office suite and ERP systems.Good command of the English language, both verbal and written.Must be able to work in a strict confidential environment.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, 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. 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
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting / Auditing and Finance
Industries
Motor Vehicle Manufacturing
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