Senior 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:

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:

Massiv Die-Form is currently seeking an experienced Senior Accountant to join our Finance team!

Massiv Die-Form, a division of Cosma International, is an operating unit of Magna International, is one of the world‘s premier global automotive suppliers providing a comprehensive range of body, chassis, and engineering solutions to our customers.

At Massiv Die-Form, we design and build medium to large automotive and hot stamping dies. Massiv Die-Form is proudly committed to manufacture products of the highest quality, reliability, maintainability and durability for the global automotive market through skilled and dedicated people focused on total customer satisfaction, ongoing protection of the environment and the profitable well being of our company.

Major Responsibilities and Duties:

Lead month-end and year-end close processes, including journal entries, accruals, uploading to One Stream (OS) and reconciliations

Maintain local chart of Accounts

Maintain mapping of local GL accounts to OS

Assist in preparation of month end/year end financial statements, financial projections and month end reports for management and corporate information purposes

Assist in preparation of detailed annual operating and capital budget and multi-year financial plans (budgets) and Forecasts

Prepare invoices for Intercompany chargebacks

Analyze ongoing service contracts and leases

Prepare month end Revenue Recognition spreadsheet including reconciliations to G/L

Job Profitability & billing analysis

Prepare Management reports (eg. Labour Trend, Cost of Quality & Vacation)

Administration of foreign currency hedging program.

May occasionally be required to go to the Bank to make deposits or payments.

Prepare and coordinate fixed asset and capital requests

Prepare annual capital budgets for all operations

Maintain divisional capital database

Assist in monthly reforecast

Prepare monthly opportunity and risk schedules and variance analysis reports for corporate reporting

Assist with audits (internal and external) and ensure compliance with regulatory requirements.

Monthly reporting of WSIB/EHT/Manulife and yearly reconciliations as required

Additional ad hoc reporting to Management and/or Corporate as required

Perform other reasonable duties as required and assigned.

Qualifications:

Accounting or Finance post-secondary degree or diploma required

CPA or close to CPA completion

Minimum of four to five years related experience. Automotive experience is an asset, but not required.

Knowledge of Visual Manufacturing or equivalent, General Ledger, Job Costing, A/P, A/R, data transfer

Advanced Microsoft Word/Excel

Additional Information:

In-office position

Overtime may be required at times, especially during month end

Salary range: $78,000-105,000 based on candidate experience and qualifications

What we Offer:

Competitive wages based on candidate

Health, Dental, Vision insurance (Flex Benefit Package)

Referral program bonus

Profit-sharing program

Group RRSP matching

Magna Base Contribution (MBC) program

Safety shoe and prescription safety glass benefits

Quarterly employee appreciation events

Subsidized on-site cafeteria

Training reimbursement program

Wellness program

Awareness, Unity, Empowerment:

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