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Senior Financial Analyst

Magna International

This is a Contract position in Etobicoke, ON posted March 8, 2023.


Job Number: 45822 
Group: Cosma International  
Job Type: Permanent/Regular 
Location: Etobicoke 


What Deco Offers

At Deco Automotive, company culture is central to the work experience. Employees at Deco enjoy many different company benefits including:
•    A great work experience with a diverse and dedicated workforce
•    A strong focus on safety and health and wellness (fitness membership discounts, subsidized cafeteria, and year-round access to a private park)
•    Four (4) paid personal days
•    Seven (7) paid sick/emergency days
•    Three (3) paid family emergency days
•    Competitive extended health benefits
•    Group RRSP matching program
•    Profit Sharing Plan
•    Team appreciation lunches and events
•    Education Reimbursement Program 
•    Continuous Improvement and Development Culture

Your New Role

Working with Finance Team to prepare, analyze and provide timely information to aid in decision making, while helping to ensure proper procedures are followed and maintained as per the Magna Finance Policy.  

What You Will Need To Succeed

•    Post-Secondary Diploma in Finance or equivalent,
•    CPA Designation,
•    Minimum 5 years experience in a finance and/or accounting role,
•    Advanced Excel skills

As a Senior Financial Analyst You Will

•    Prepares and analyzes various management reports on production sales, costs & margins, departmental costs, and controllable expenses.
•    Assist with preparation of quarterly forecast and annual budget for the division.
•    Assists with management overhead spend control processes.
•    Responsible for the completion of monthly General Ledger reconciliation and analysis.
•    Responsible for capital expenditure justification, approvals, forecasting capital spending, tracking actuals expenditures by project and maintenance and updating of fixed assets subledger
•    Assists with costing and analysis of Tooling Programs.
•    Margin Analysis of products and programs. 
•    Work together with Finance team for a more efficient month, quarter and year end.  Cut off and improved administrative procedures.
•    Assist with GL interfaces, subledgers for A/R, A/P and related accounts, and reconcile to general ledger each month, along with other month-end duties, as needed.
•    Assist in Ad Hoc projects to improve overall financial process and controls
•    Work within the guidelines of the Deco Associate Handbook.
•    Commitment to continuous improvement and work place safety,
•    Team Player,
•    TS16949 awareness and adherence,
•    ISO14001 awareness and adherence,
•    Awareness and adherence to Sarbane’s Oxley (SOX 404)
•    Lean Manufacturing and 5S concepts awareness and adherence,
•    Other duties as may be required.


•    Accepts personal responsibility to plan and conduct their work safety in compliance with the Occupational Health & Safety Act as well as company policies and guidelines.
•    Responsible for Good House Keeping in your area.

Additional Information

Accommodations for disabilities in relation to the job selection process are available upon request.

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 to comply with GDPR requirements and your local Data Privacy Law.