Magna

Senior Accountant

Magna$78K — $105K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree or diploma in Accounting or Finance required
  • CPA or close to CPA completion
  • 4-5 years of relevant experience
  • Knowledge of Visual Manufacturing or similar systems
  • Advanced skills in Microsoft Word and Excel

Responsibilities

  • Lead month-end and year-end close processes including journal entries and reconciliations
  • Maintain local chart of accounts and GL mappings
  • Assist in financial statement preparation and projections
  • Prepare and manage annual operating and capital budgets
  • Analyze service contracts and leases for ongoing financial implications
  • Create management reports on expenses and trends
  • Administer foreign currency hedging programs

Benefits

  • Health, Dental, Vision insurance (Flex Benefit Package)
  • Referral program bonus
  • Profit-sharing program
  • Group RRSP matching
  • Safety shoe and prescription safety glass benefits
  • Quarterly employee appreciation events
  • Subsidized on-site cafeteria
  • Training reimbursement program
  • Wellness program
Full Job Description
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 world's 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: $78,000-105,000 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


Worker Type:

Regular / Permanent

Group:

Cosma International

About Magna

Magna Careers

Join Magna’s dynamic team of professionals and be part of a company that’s leading the way in automotive innovation. At Magna, we offer unparalleled job opportunities in an environment that values diversity, leadership, and growth. Work You’ll Do At Magna, we are committed to fostering an inclusive culture where every team member is empowered to contribute, innovate, and excel. We believe that diverse perspectives lead to groundbreaking ideas and better decisions. Joining our team means you’ll work alongside some of the industry’s most talented professionals, using state-of-the-art technology to create revolutionary automotive solutions. Lead in a Unique Market Position Magna stands at the forefront of the automotive industry, combining advanced technology, deep industry expertise, and a commitment to innovation that drives us forward. As a leader in our field, we offer careers that are not just jobs, but pathways to personal and professional growth. Explore Magna’s Job Opportunities Whether you’re looking for a position in engineering, design, production, or management, Magna has a place for you. Our global presence offers a wealth of opportunities for career advancement, professional development, and networking. From internships that provide real-world experience to leadership roles that challenge your skills, Magna is dedicated to helping you reach your full potential. Innovative Work Environment Magna is committed to innovation and excellence. Our team is constantly pushing the boundaries of what’s possible in the automotive world, making it an exciting place to grow your career. We encourage creativity and initiative, and we reward our employees with the benefits and support they need to succeed both professionally and personally. Be Part of a Great Team At Magna, you’ll find a collaborative environment that values teamwork and open communication. Our employees share a common goal: to lead the industry through innovation, efficiency, and sustainability. With diversity training and a focus on inclusive employment practices, Magna is a place where everyone can thrive. Future-Proof Your Career With Magna, you’re not just finding a job; you’re building a career. We offer extensive training and development programs to help you continue learning and evolving as a professional. With opportunities for advancement and a culture that promotes from within, Magna empowers you to design a career path that meets your ambitions. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are always on the lookout for passionate, curious, and innovative team players. Explore the possibilities that Magna offers. SEARCH MAGNA JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Magna.
Learn more about Magna
Size
161,000 employees
Market Cap
$15.9 billion
Industry
5 Year Trend
-0.1%
NASDAQ

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