Assistant Controller

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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:
Job Responsibilities:

• Salary Range: $110,000 - $130,000 per year
• Manage the month end process from reviewing journal entries and account reconciliations through preparing financial statements and variance analysis.
• Supervision of A/P and A/R staff, providing support and guidance.
• Maintains fixed asset subledgers and records monthly depreciation.
• Ensures accurate and timely monthly, quarterly and year-end close.
• Provide financial analysis and advice as required to Senior Management (GM/AGM/Controller).
• Ensure that a complete and accurate set of accounting records are maintained according to generally accepted accounting principles and following corporate procedures and internal controls.
• Assists with preparation and OS data load of the business plan and periodic updated forecasts as well as subsequent monthly variance analysis.
• Leads the preparation of the annual audit file and co-ordinates with external auditors in their subsequent examination of the division's financial statements.
• Responsible for the preparation and submission of tax package requirements as set out by Magna Tax.
• Observes all Federal/Provincial Regulations including standards for safe working conditions as outlined in the Occupational Health & Safety Act as well as Policies and Procedures outlined in the Employee Handbook.
• Full compliance with all administrative / clerical requirements within Magna Structures Meadowvale as well as compliance with current Customer standards and procedures / quality programs and Environmental Management Systems Standards.
• Participates / encourages participation in Continuous Improvement / Suggestion Programs
• Perform other assignments as requested by management from time to time as well as making Manager/Designee aware of problems/slowdown in work area so can be assigned further duties
• Observes all Federal/Provincial Regulations including standards for safe working conditions as outlined in the Occupational Health & Safety Act as well as Policies and Procedures outlined in the Employee Handbook.
• Full compliance with all administrative / clerical requirements within MDV Stamping as well as compliance with current Customer standards and procedures / quality programs and Environmental Management Systems Standards.
• Participates / encourages participation in Continuous Improvement / Suggestion Programs.
• Perform other assignments as requested by management from time to time as well as making Manager/Designee aware of problems/slowdown in work area so can be assigned further duties.

Skills and Competencies:

• Analytically-minded with solid organizational and communication skills able to meet prescribed deadlines, sometimes under pressure
• Uses teamwork skills to work co-operatively with all departments as well as fellow employees
• Provides direction, motivation and sets an example through open communication and modeling best practices providing appropriate feedback, support and resources to improve effectiveness of individuals and teams.
• Possesses the knowledge and leadership skills to ensure the Finance department is able to adapt and innovate to meet changing customer demands and changes in company policies and procedures.
• Demonstrates clear and respectful communication skills in all situations.
• Ability to maintain confidentiality when working with information, files and records that are confidential and must not be divulged without the consent of management.
• Works outside of regular administration hours when necessary to meet deadlines
• Works effectively without supervision
• Possesses proven organization and management skills
• Is aware of how the overall program meets lean processes and make decisions to achieve Lean principles from quote, design phase through to implementation of program.

Educations and Experience:

• Accounting designation CA/CGA/CMA and a degree in Accounting or Finance
• Minimum 5 years of progressive experience in accounting or finance roles, with at least 2 years in a supervisory capacity.
• Proficient in use of computer software programs, including Microsoft Office suite and ERP systems
• Good command of the English language both verbal, written.
• Must be able to work in a strict confidential environment.

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.
Worker Type:
Regular / Permanent
Group:
Cosma International