Magna

Senior Analyst, IT Finance & Controlling

Magna$88K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, controlling, or accounting; or equivalent experience
  • Strong proficiency in financial management software and ERP systems (e.g., SAP)
  • Minimum 4 years of relevant experience in Accounting and Finance
  • Thorough knowledge of financial and accounting practices
  • Advanced Excel and PowerPoint skills, familiarity with data analysis tools (e.g., Power BI, Tableau)

Responsibilities

  • Oversee Controlling processes for assigned IT areas, including financial reporting and budgeting
  • Analyze financial metrics to identify risks and trends
  • Collaborate with IT operational team to provide management reporting and support pricing of services
  • Prepare accurate financial reports ensuring compliance with accounting policies
  • Support the annual budget preparation and quarterly forecasts
  • Assist in preparing business cases for new initiatives or renewals
  • Adapt to additional responsibilities as assigned

Benefits

  • Engaging and dynamic work environment
  • Opportunities to develop industry-leading automotive technologies
  • Support and resources for employee success
  • Exciting and varied responsibilities
  • Wide range of professional development prospects
Full Job Description
Job Responsibilities:

  • Salary: Starting at $88,000 CAD
  • Immediate, Open Position


The Senior Analyst, Finance & Controlling is responsible for supporting Magna's IT finance and controlling activities, including financial reporting, business planning, budgeting, forecasting, project accounting, and capital expenditure tracking. This role partners closely with IT operational teams to provide financial analysis, management reporting, and decision-making support while ensuring compliance with accounting policies, internal controls, and organizational objectives.

Your Responsibilities
  • Responsible for the Controlling processes for assigned IT functional and regional areas such as monthly, quarterly, and year-end reporting, business planning, project accounting and capital expenditure tracking
  • Monitor and analyze financial metrics, key performance indicators to identify financial risks and trends
  • Partner with the Magna IT operational team to provide them with management reporting, business analysis for decision making and provide support for pricing of services
  • Preparation of accurate and timely financial reports and presentations for various stakeholders, ensuring compliance with accounting policies & principles and maintain effective internal controls to safeguard company assets
  • Support the preparation of the annual budget and quarterly forecast for the assigned business areas ensuring alignment with organizational goals and strategic planning
  • Provide support to prepare business cases for new initiatives or renewals
  • Other responsibilities that may be assigned from time to time


Who we are looking for
  • Bachelor's degree in finance/controlling/accounting; or equivalent combination of education and experience
  • Strong proficiency in financial management software and ERP systems (e.g., SAP, data warehouse). Advanced Excel and PowerPoint skills and familiarity with data analysis tools (e.g., Power BI, Tableau).
  • Minimum 4 years' relevant experience in Accounting and Finance with a thorough knowledge of financial and accounting practices & procedures
  • Accounting experience to include overseeing/managing company financial summaries such as month-end, year-end and operation reviews, year-end auditing process, general accounting, developing business plans, and analysis of balance sheets, income statements and cash flow


Your preferred qualifications
  • Professional accounting designation is preferred
  • Experience working with remote teams would be considered an asset


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.

In addition, we offer you the following site benefits:

An overview of our benefits will be discussed during the recruitment process.

Worker Type:

Regular / Permanent

Group:

Magna Corporate

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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