Financial Analyst

Magna Mechatronics, Mirrors & LightingWe see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. In the right environment, your ideas can turn into industry-changing automotive technologies and improve the lives of people around the world. Let's create the future of mobility, together.Job Title: Financial AnalystJob Responsibilities: Analyzes and prepares financial statements and reports such as income and inventory statements, balance sheets, and statements of financial position. Performs advanced professional, independent, and objective financial and business analyses of fixed capital and other investment proposals and other special financial studies. Supports finance function in various planning, reporting, and analytical capacities.Essential Job Duties And Responsibilities: Responsible for assisting in month end process, including journal entry preparation and financial analysis. Prepares monthly balance sheet reconciliations and roll forward analysis. Assists in the preparation of weekly, monthly, and annual forecasts. Generates forecasts and analyzes trends in sales, finance and other areas of business. Analyzes profit and loss income statements and prepares reports on findings to make recommendations to management. Performs economic research and studies of rates of return, depreciation and investments. Researches details related to purchase requisitions and invoice approvals. Works to create, track and close out fixed asset projects. Tracks tooling costs, spend analysis and invoicing to the OEM. Performs inventory analysis. Prepares audit schedules and support. Assists with budget preparation. Understands and follows existing Magna policies, procedures, work instructions and standards and makes recommendations for continuous improvements.Requirements: To perform this job successfully, an individual must be able to perform essential duties satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Demonstrates strong written and verbal skills in order to prepare reports and communicate with customers. Possesses strong organizational and project management skills in order to provide necessary resources. Detail oriented with the ability to multi-task projects. Possesses analytical skills and shows critical thinking capabilities. Competent in use of computer software including; ERP, Hyperion, Microsoft Excel, Word, and Lotus Notes.Physical Requirements: Must be able to lift up to 35 lbs. as needed. Must be able to stand, walk, bend, and sit for extended periods of time. Must maintain proper vision requirements Must be able to maintain alertness to their surroundings. Must have working knowledge of English.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. 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.