Financial Analyst

Group Description

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.

Role Summary

The Financial Reporting team is responsible for Magna's global internal and external financial close process, including the quarterly preparation of Magna's complex public company financial statements, management's discussion & analysis and related regulatory filings. The Financial Reporting department is an approved CPA Training Office with this position qualifying as practical experience for registered CPA students. The Financial Analyst is responsible for assisting in the monthly and quarterly financial close process.

Key Responsibilities

• Liaise with reporting units to resolve issues during the close process.
• Reconcile and analyze financial statement accounts.
• Consolidate reporting unit schedules accurately.
• Prepare and maintain monthly consolidation journal entries and reporting schedules.
• Assist in preparing complex public company financial statements, including supporting schedules.
• Support compliance reporting, document accounting guidance, and maintain understanding of financial performance.

Key Qualifications / Requirements