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Magna International

ASSISTANT CONTROLLER

Posted 13 Hours Ago
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Hybrid
Concord, ON
Senior level
Hybrid
Concord, ON
Senior level
The Assistant Controller oversees accounting functions, develops financial reports, and ensures compliance with regulations. Responsibilities include supervising staff, managing general ledger, and supporting budget preparation.
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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:
Recognized accounting designation (CMA or CA)
Minimum 5 years general accounting experience in a manufacturing environment
A strong grasp of standard cost development, absorption and cost analysis is a must.
Experience with integrated financial / manufacturing software packages
Competency in Microsoft Office PC software package - Excel, Word and Access
Strong attention to detail and strong organization skills
Experience in managing payroll function.
Experience in managing tooling inventory.
Good interpersonal skills, combined with a strong drive for continuous improvement
Experience preparing business cases, budgets and forecasts
Knowledge and experience with foreign exchange hedging.
Ability to work effectively within team environment
Ability to uphold confidentiality
Ability to work well under variable workload and work overtime to meet customer needs
Software - CMS, Worth-it, Magna Portal One Links, GM Power Supply, Covisint (Ford & Chrysler)
General ledger, receivables, payables reporting process
Month end close process
DUTIES & RESPONSIBILITIES:
  • Perform all duties and promote themselves in a manner that reflects the P&F expectations, P&F's vision/ values through Magna's Employee Charter.
  • Follow and abide by all government, Legal, Magna and P&F rules and regulations as outlined in the Employee Handbook.
  • Supervise Finance staff.
  • Trains staff on proper company procedures
  • Assists with managing all aspects of the General Ledger
  • Development of system controls to ensure data integrity
  • Assist in the Month-end and year-end financial reporting and close activities for the plant
  • Assist in the preparation of annual plant and capital budgets
  • Assist in preparation of various financial statements and reports according to rules and regulations of law and company
  • Development of operational procedures and documentation of data flow
  • Responsible for managing operational data ensuring data integrity and accuracy
  • Ensure compliance with relevant MAGNA policies and procedures
  • Support budgeting and forecasting process for cost of sales. Prepare or support preparation of all required analysis as directed to meet dictated schedule timelines
  • Prepare adhoc reports as required by Senior Management or Corporate
  • Ensures that proper internal controls are established and maintained
  • Applies accounting expertise to ensure financial records & statements are in accordance with GAAP and Magna Finance Policy
  • Follow and abide by all government, Legal, Magna and P&F Tool and Die rules and regulations.
  • Contribute to continuous improvement and cost reduction activities.
  • Safeguard all financial/personnel documents and keep all financial/personnel matters private and confidential.
  • Develop and maintain good procedures and systems for all required financial tracking.
  • Protect the assets of the company by continual review and awareness of internal control issues, with appropriate recommendations for improvements.
  • Co-ordinate the preparation of information for entry into the accounting system.
  • Ensure that all applicable general ledger accounts are reconciled / analyzed to a level acceptable to both internal and external audit tests.
  • Provides month end financial reports for review with management.
  • Assists with preparing referenced year end audit file for review
  • Provides assistance with business planning and department budgeting

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.
Worker Type:
Regular / Permanent
Group:
Cosma International

Top Skills

Access)
Ca
Cma
Cms
Covisint
Gm Power Supply
Magna Portal One Links
Microsoft Office (Excel
Word
Worth-It

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