Senior Financial Analyst - $88,000 - $100,000 A Year

Job ResponsibilitiesThis role will assist the Magna Powertrain global finance team with business planning, forecasting, and tracking of actual financial performance.Salary:$88,000 - $100,000 annuallyPosition Status:Immediate, open positionKey ResponsibilitiesResponsible for monthly consolidation reports and ensure all the information reflected in OneStream (OS) accurately.Maintain OS journal entries and load top level adjustments into OS.Participate monthly result review with divisions, and follow-up with divisions to ensure data integrity in the financial reporting system (OS).Prepare monthly and quarterly internal and external reports requested by MPT.Perform balance sheet review monthly/quarterly to understand major fluctuations.MappingAR/AP aging reportWorking CapitalMiscellaneous accrualTooling and engineering inventoryOther Assets continuity scheduleSupport/train divisions’ personnel and effectively communicate with divisions for the questions and queries related to the reporting and OS.Involve in annual review of divisions’ Controller Model File (CMF) to ensure compliance with Magna policies and accounting practices.Update/standardize reporting templates regularly to ensure all the reports are captured the latest information/requests from MPT and Magna.Monitor actual costs to ensure the costs within the budget/forecast, and be able to explain the improvement/deterioration at high level.Develop standardized budget/forecast templates for operation divisions which will be used to quantify improvement/deterioration of the business over the business planning horizon at a relevant level (e.G. understand the annual impact on contribution margin of volume, givebacks/quick savings, material cost improvement/deterioration, annual labour cost increases etc.)Ensure that BP/FCST templates fulfil reporting requirements (anticipate/incorporate required inputs to minimize/eliminate additional requests of divisions); andEnsure that base data in business plan is defined at a level that is relevant to tracking of actual results in OS.Participate in business plan and forecast reviews with divisions and MPT.Involvement in preparation of budget and forecast presentations for MPT and Magna.Follow Magna’s Code of Conduct and Ethics and related compliance policies.Preferred QualificationsCPA designation (CGA, CMA, or CA) or equivalent3-5 years’ experience in a global consolidation environment at a manufacturerKnowledge of US GAAPConsolidation & reporting experience in OneStream (OS)Strong financial & data analysis skillsStrong computer application skills (MS Excel and MS PowerPoint)Good verbal and written communication skills combined with interpersonal skillsAbility to travel domestically and internationally, approximately 5% of the timeAccommodations for disabilities in relation to the job selection process are available upon request.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.Worker Type:Regular / PermanentGroup:Magna Powertrain#J-18808-Ljbffr