Financial Analyst - Magna International Inc.
  • Newmarket, Ontario, Canada
  • via MindMatch.ai
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Job Description

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Job Number:  61777 Group:  Magna Mechatronics, Mirrors & Lighting Job Type:  Permanent/Regular Location: Newmarket, ONTARIO, CA, L3X 2S2 Job Number: 61777Group: Magna Mechatronics, Mirrors & Lighting Division: Dortec - NewmarketJob Type: Permanent/RegularLocation: NEWMARKETGroup Description The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MMLs expertise light the path to innovation, safety and styling. So, whats in it for you?Full-time permanent position with full benefits (health and dental flex plans), paid time off, RRSP match plus a Magna Base Contribution, profit sharing, flexible working arrangements, advancement opportunities, tuition reimbursement, incentive programs, employee discounts and so much more! If this sounds enticing, apply today!This position is accountable to be the financial champion on programs starting with the initial quote for business and well into the programs production life.Key ResponsibilitiesCoordinate the receipt of all program costs required for quote capital, and review the latter for reasonablenessPrepare production part costs for new programs, and maintain these costs throughout the program lifePrepare costing and customer quotations for all production parts, prototypes, deviations and tooling throughout the life of the program, and manage the process for obtaining customer purchase orders through the program managerMaintain management status reports for product design & development (PDD) costs, production parts, prototypes, tooling and pre-production costs for assigned programsMaintain selling prices on drive, and calculate sales accruals monthly for production partsReview and approve all cost changes that are made to drive master files that affect program costsMember of the cross functional team (CFT) for designated programs, and responsible that all financial activities on these programs, and responsible that all financial activities on these programs, as reflected in the Financial Panel charts, are well managed. These activities include, Product Design & Development (PDD) costs, production parts, tooling, prototypes, pre-production costs and program specific capitalManage accounts receivable from the customer for any pricing discrepancies that arise from incorrect pricing, currency, effective dates and quantitiesDevelop fiscal program sales and cost of sales budgets based on Magna planning volumesOccasional communications with customer with regard to clarifying information submitted on a request for quote (RFQ), or equivalentMaintain all drive major and minor sales codes for designated programsDevelop business case for new programsAssist with development of tooling strategyMaintain Cost Reduction RoadmapsMinimal travel as requiredPerform other duties as requiredKey Qualifications/RequirementsCompletion of community college diploma/certificate.3 to less than 5 years of work related experience.Professional designation (CA, CGA or CMA) preferred.Additional InformationAccommodations for disabilities in relation to the job selection process are available upon request.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.

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