Job Description

Job Number: 54685
Group: Cosma International
Division: Cosma Canada Group Office
Job Type: Permanent/Regular
Location: BRAMPTON

Group Description

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.

Role Summary

This position is responsible for tracking, recording and preparation of the Divisions financial status.

**The successful candidate for this role will work at our new Magna EV battery enclosures facility located in Brampton, ON**

Key Responsibilities

• Safeguard all financial documents and keep all financial matters private and confidential.

• Develop and maintain good procedures and systems for all required financial tracking.
• Protect the assets of the company by continual review and awareness of internal control issues, with appropriate recommendations for improvements.
• Maintain accurate tracking of all Engineering changes and spending, by keeping the FEC settlement current and reconciling the F6 schedule.
• Analyze Cost Center Reports for MOH analysis.
• Accurate tracking of all capital commitments and spending by keeping the fixed asset database current.
• Capital Packages

• Review and maintain standard as directed by group office.
• MCS upload and monthly updates.
• Responsible for performing regular fixed asset audits as required by Magna Financial Policies.
• Maintenance of standard cost tracking and allocation system by collecting and analyzing operation data, and establishing standard or expected costs.
• Establish policies and procedures to ensure accurate tracking of material, labour and overhead costs in the plant.
• Understand all plant processes and be able to forecast and explain trends and variances.
• Study any proposed changes to plant operations, analyze for cost / benefit implications, and make recommendations.
• Be actively involved in managing and analyzing material cycle counts and physical inventory.
• Track and explain all plant scrap costs.
• Reconcile and explain changes to production and MRO inventory related balance sheet accounts.
• Understand and explain all changes to budgeted or forecasted gross margin, compared to current results.
• Ensure the accuracy and integrity of all computerized financial records relating to costing and inventory systems, including bills of material, on hand balances, standard costs, etc.
• Ensure that all applicable general ledger accounts are reconciled / analyzed to a level acceptable to both internal and external audit tests.
• Assist in the preparation of the annual business plan and other forecasts or analysis as required.
• Upload trail balance to Hyperion for Corporate.
• Liaison with internal and external auditors to ensure compliance, perform YE Working Papers
• Prepare any required returns for Stats Canada.
• Maintain and reconcile prepaid schedules.
• Maintain master record general ledger and HFM mapping.

Key Qualifications/Requirements

MINIMUM QUALIFICATIONS:

• Must hold a CPA accounting designation OR currently completing a CPA designation with an expected completion date within 36 months.
• Minimum 2 years of general accounting experience
• Experience with integrated financial/manufacturing software packages

PREFERRED QUALIFICATIONS:

• Experience accounting for customer tooling and fixed assets preferred
• 2 years of general accounting experience in a manufacturing environment

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.

Magna International