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Lead Financial Analyst

2 months ago

Aurora, Illinois, United States Magna International Full time
Location: Aurora, Ontario, Canada

About Us:
At Magna International, we envision a future where mobility is seamless and accessible for everyone. We are dedicated to creating innovative technologies and systems that enhance vehicle safety and environmental sustainability, while prioritizing the needs of our communities and the planet.

Group Overview:
Magna Electronics is at the forefront of active safety technologies, transforming the automotive sector and enhancing quality of life. Our commitment lies in tailoring Advanced Driver Assistance Systems (ADAS) and electronic solutions to meet diverse mobility and safety requirements.

Position Overview:
The Senior Financial Analyst (SFA) plays a crucial role in the analysis and preparation of consolidated financial outcomes, annual strategic plans, quarterly forecasts, and comprehensive reporting in accordance with Magna's established policies and guidelines.

Key Responsibilities:
- Coordinate and consolidate global quarterly forecasts and annual business strategies as part of the global office team.
- Develop financial presentations for quarterly reviews with senior leadership.
- Collaborate with various divisions to address forecasting and financial reporting challenges.
- Participate in the preparation of monthly consolidated financial statements and journal entries.
- Generate month-end reports for executive and group management review.
- Analyze financial performance across divisions compared to forecasts and business plans.
- Manage monthly capital expenditure analysis and reporting.
- Evaluate and address identified financial reporting deficiencies, assisting in the development of corrective actions and follow-up.
- Oversee the quarterly SOX 302 certification process.
- Engage in annual detailed accounting reviews across all operational divisions.
- Prepare and coordinate quarterly and annual information for external auditors.
- Conduct financial analyses as requested by senior management.
- Undertake additional duties and special projects as necessary.

Qualifications:
- Bachelor’s Degree in Accounting or Finance.
- 3-5 years of relevant experience, preferably in financial reporting within a large public corporation or public accounting firm.
- Proficient in Microsoft Office and financial applications such as Hyperion Financial Management (HFM).

Skills and Competencies:
- Strong analytical capabilities with a focus on comprehensive analysis and problem-solving.
- High initiative with a strong sense of ownership and accountability.
- Excellent organizational skills with the ability to prioritize tasks effectively under tight deadlines.
- Ability to work collaboratively in a global environment with cross-functional teams.
- Strong interpersonal skills, interacting effectively with all organizational levels.
- Capable of providing training or guidance to divisional Finance Managers/Controllers as needed.

What We Offer:
At Magna, you will find a dynamic and engaging work environment where you can contribute to the development of leading-edge automotive technologies. We are committed to investing in our employees, providing the necessary support and resources for success. As part of our global team, you will encounter diverse responsibilities and numerous opportunities for professional growth. We believe that your career journey should reflect your unique aspirations and talents.

Magna is proud to be an equal opportunity employer, fostering a diverse workforce that is essential to our success. We hire based on experience and qualifications, considering job requirements without regard to race, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.