Senior Accountant

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What we offer:

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:

Cosma provides a comprehensive range of body chassis and engineering solutions to global customers. Through our robust product engineering outstanding tooling capabilities and diverse process expertise we continue to bring lightweight and innovative products to market.

Job Responsibilities:

Massiv Die-Form is currently seeking an experienced Senior Accountant to join our Finance team!

Massiv Die-Form a division of Cosma International is an operating unit of Magna International is one of the worlds premier global automotive suppliers providing a comprehensive range of body chassis and engineering solutions to our customers.

At Massiv Die-Form we design and build medium to large automotive and hot stamping dies. Massiv Die-Form is proudly committed to manufacture products of the highest quality reliability maintainability and durability for the global automotive market through skilled and dedicated people focused on total customer satisfaction ongoing protection of the environment and the profitable well being of our company.

Major Responsibilities and Duties:

• Lead month-end and year-end close processes including journal entries accruals uploading to One Stream (OS) and reconciliations

• Maintain local chart of Accounts

• Maintain mapping of local GL accounts to OS

• Assist in preparation of month end/year end financial statements financial projections and month end reports for management and corporate information purposes

• Assist in preparation of detailed annual operating and capital budget and multi-year financial plans (budgets) and Forecasts

• Prepare invoices for Intercompany chargebacks

• Analyze ongoing service contracts and leases

• Prepare month end Revenue Recognition spreadsheet including reconciliations to G/L

• Job Profitability & billing analysis

• Prepare Management reports (eg. Labour Trend Cost of Quality & Vacation)

• Administration of foreign currency hedging program.

• May occasionally be required to go to the Bank to make deposits or payments.

• Prepare and coordinate fixed asset and capital requests

• Prepare annual capital budgets for all operations

• Maintain divisional capital database

• Assist in monthly reforecast

• Prepare monthly opportunity and risk schedules and variance analysis reports for corporate reporting

• Assist with audits (internal and external) and ensure compliance with regulatory requirements.

• Monthly reporting of WSIB/EHT/Manulife and yearly reconciliations as required

• Additional ad hoc reporting to Management and/or Corporate as required

• Perform other reasonable duties as required and assigned.

Qualifications :

• Accounting or Finance post-secondary degree or diploma required

• CPA or close to CPA completion

• Minimum of four to five years related experience. Automotive experience is an asset but not required.

• Knowledge of Visual Manufacturing or equivalent General Ledger Job Costing A/P A/R data transfer

• Advanced Microsoft Word/Excel

Additional Information:

• In-office position

• Overtime may be required at times especially during month end

• Salary range: $ based on candidate experience and qualifications

What we Offer:

• Competitive wages based on candidate

• Health Dental Vision insurance (Flex Benefit Package)

• Referral program bonus

• Profit-sharing program

• Group RRSP matching

• Magna Base Contribution (MBC) program

• Safety shoe and prescription safety glass benefits

• Quarterly employee appreciation events

• Subsidized on-site cafeteria

• Training reimbursement program

• Wellness program

Awareness Unity Empowerment:

At Magna we believe that a diverse workforce is critical to our success. Thats 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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

AI-Assisted Screening Disclosure

As part of our commitment to a fair consistent and efficient recruitment process we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

Under conditions defined by applicable law you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process feel free to contact our Talent Attraction team.

Worker Type:

Group:

Required Experience:

Senior IC