Accountant
Magna International
Aurora, ON-
Number of positions available : 1
- Salary To be discussed
- Published on March 12th, 2025
-
Starting date : 1 position to fill as soon as possible
Description
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.
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
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:
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Requirements
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