Magna
Automotive
Jr.FinancialAnalyst(Co-op)
Neural analysis suggests this role is
optimal for Entry candidates.
“Jr. Financial Analyst (Co-op) at Magna. Skills: Financial analysis, Financial reporting, Accounting. Receive and verify invoices and requisitions for goods and services. Ensure intercompany balances are reconciled at month end”
What You'll Achieve.
Ensure intercompany balances are reconciled at month end; Ensure intercompany balances are reconciled at month end and documented appropriately; Data integrity in the financial reporting system (HFM); Key financial reports and other key operating metrics on a monthly basis for distribution to executive management; Internal and external reporting schedules on a quarterly basis with emphasis on group accruals; Appropriate documentation are maintained for audit review; Compliance with parent company policies and accounting practices
Industry & Context.
Bring visibility to potential exceptions to accounting policies and procedures; Understand major fluctuations
What They're Looking For.
Must Have
Co-op student
What You'll Do.
Receive and verify invoices and requisitions for goods and services
Ensure intercompany balances are reconciled at month end
Verify vendor accounts by reconciling monthly statements and related transactions
Ensure intercompany balances are reconciled at month end and documented appropriately
Participate in the overall consolidation of the group’s financial results in accordance with reporting timelines and parent company policies
Follow-up with product groups and operating entities on data integrity in the financial reporting system (HFM)
Bring visibility to potential exceptions to accounting policies and procedures
Support the creation of key financial reports and other key operating metrics on a monthly basis for distribution to executive management
Prepare internal and external reporting schedules on a quarterly basis with emphasis on group accruals
Assist with planning and communication to product groups and regional teams for reporting timelines (quarter end
Assist with preparation and review of month-end binders to ensure appropriate documentation are maintained for audit review
Review of operating entity balances sheets to understand major fluctuations
Assist in the Global Office budget preparation through analytics and data integrity
Assist in the annual review of divisional year-end files to ensure compliance with parent company policies and accounting practices
Follow Magna’s Code of Conduct and Ethics and related compliance policies
How You'll Work.
Team & Collaboration
Follow-up with product groups and operating entities; Communication to product groups and regional teams
Communication Scope
Communication to product groups and regional teams
Full Job Description
**Job descriptions may display in multiple languages based on your language selection.** ## **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:** Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain. **Job Responsibilities:** * Receive and verify invoices and requisitions for goods and services. * Ensure intercompany balances are reconciled at month end. * Verify vendor accounts by reconciling monthly statements and related transactions * Ensuring intercompany balances are reconciled at month end and documented appropriately * Participate in the overall consolidation of the group’s financial results in accordance with reporting timelines and parent company policies * Follow-up with product groups and operating entities on data integrity in the financial reporting system (HFM) * Bring visibility to potential exceptions to accounting policies and procedures * Support the creation of key financial reports and other key operating metrics on a monthly basis for distribution to executive management * Prepare internal and external reporting schedules on a
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