Cost 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:

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.

Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Responsibilities:

QUALIFICATIONS NECESSARY TO DO THE JOB:

• Immediate open position
• $80,000 - $90,000 annual compensation
• Accounting or Finance post-secondary education required
• Minimum 2+ years of manufacturing accounting experience in a fast paced automotive environment an asset
• Extensive background in cost accounting and meeting deadlines
• Advanced Excel skills (Pivot Tables, Macro’s, VLOOKUP)
• Analytical skills backed by high proficiency dealing with data
• Ability to tackle loosely defined problems by asking the right questions
• Strong organizational skills, comfortable with multi-tasking and project management abilities
• Experience conducting deep dive analysis with large volumes of data
• Excellent verbal and written communication skills
• Previous experience working with PowerBI, SQL, Hyperion, Power Ledger, GSD system and TraX is an asset
• Annual Audits (SOX, Magna Year End, Government)
• Ability to respect and maintain the confidential nature of the department

MAIN DUTIES:

• Ensure BOM’s and routings are complete for products
• Audit BOM’s to actual floor performance
• Produce variance analysis of products on an ad hoc basis
• Collaborate with team in the preparation of complex financial reports
• Integral part of month/quarter/year end close activities and financial statements with detailed analysis
• Provide support to department leaders through financial and operational analysis and throughout the
• Year and applicable budget and forecasting cycles
• Liaises with other department personnel
• Assist with internal and external financial audits
• Create journal entries, reconcile sub-ledgers for assigned accounts
• Integral part of month end close activities and financial statements with detailed analysis
• Other duties as required

Awareness, Unity, Empowerment:

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. 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.

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