FAQs
What are the key responsibilities of a Senior Financial Analyst at Magna?
The Senior Financial Analyst will be responsible for monthly and quarterly closing activities, variance analysis, financial report preparation, journal entries, and balance sheet reconciliations. They will also assist in creating forecasts, conduct financial analysis on company spending, ensure SOX compliance, track fixed assets, and collaborate with cross-functional teams.
What qualifications are required for this position?
A Bachelor’s Degree in Accounting or Finance is required. Additionally, a CPA/CGA/CA designation is considered an asset, along with 3-5 years of relevant experience in a high volume manufacturing environment, preferably automotive.
Is experience with specific ERP systems necessary?
Yes, experience with ERP accounting software such as JDE, Hyperion, or comparable business systems is preferred, with a strong emphasis on JD Edwards / Enterprise One ERP system.
What skills are essential for applicants applying for this role?
High proficiency in Microsoft Office applications, especially Excel and PowerBI, as well as experience working with complex financial models, US GAAP, and prior experience with SOX compliance and external audits are essential skills for this role.
Is diversity important to Magna's hiring practices?
Yes, Magna believes that a diverse workforce is critical to success and is proud to be an equal opportunity employer, hiring based on experience and qualifications without discrimination.
What type of financial environment does Magna prefer candidates to have experience in?
Magna prefers candidates to have experience in a high volume manufacturing environment, with automotive experience seen as a plus.
Will I be required to work with cross-functional teams?
Yes, collaboration with cross-functional teams is a key part of the role to ensure financial results and analysis align with overall financial goals.
How does Magna handle personal information from applicants?
Magna takes the privacy of personal information seriously and discourages sending applications via email to comply with GDPR requirements and local Data Privacy Laws.