Financial Analyst

Magna International • Troy, MI

7d

About The Position

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

Requirements

• 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.
• Bachelor’s degree in accounting is required.
• Experience of public or corporate accounting experience is strongly preferred.
• Excellent knowledge of Excel and Word.

Nice To Haves

• CPA Accounting designation preferred.
• MBA or other Master’s degree is a plus.
• Good working knowledge and familiarity with Consolidation and Reporting systems (Hyperion, Onestream..).
• Knowledge of SmartView or Quick View is a plus.
• Experience using Hyperion Financial Management (HFM) or OneStream preferred.
• Experience in technical accounting and strong understanding of US GAAP accounting, audit, and consolidation procedures
• 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.

Responsibilities

• Financial Reporting Prepare internal management financial reports and financial analyses as required on weekly, monthly and quarterly basis.
• Financial Analysis Perform monthly closing checks for North America divisions.
• Assist in the preparation of quarterly deliverables to Magna Corporate, Gathering, analyzing, and consolidating financial information from divisions into a single, consolidated set of financial statements and reporting to Management, including Quarterly and Year End Deliverables for Magna International.
• Load Budget and Forecast files for adjusting entities to OneStream
• Understanding of foreign currency translation and currency effects.
• Assist in preparing annual audits, internal control, US regulatory reporting, and Sarbanes-Oxley compliance.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level