Cost Accountant

Magna; Guelph; On-site; CAD 80,000 - 90,000; Full time

Job summary

Magna is seeking a candidate for a finance role in Guelph, Ontario, offering an annual compensation of $80,000 - $90,000. The position requires post-secondary education in Accounting or Finance and at least 2 years of experience in manufacturing accounting. Skills in Excel, analytical ability, and strong organizational skills are essential. The successful candidate will be involved in financial reporting, audits, and providing support through financial analysis. This is an equal opportunity position with a focus on maintaining confidentiality.

Qualifications

• Accounting or Finance post-secondary education required.
• Minimum 2+ years of manufacturing accounting experience in a fast-paced automotive environment an asset.
• Extensive background in cost accounting and meeting deadlines.
• Advanced Excel skills (Pivot Tables, Macros, VLOOKUP).
• Analytical skills backed by high proficiency dealing with data.
• Strong organizational skills, comfortable with multi-tasking and project management abilities.
• Experience conducting deep dive analysis with large volumes of data.
• Excellent verbal and written communication skills.
• Ability to respect and maintain the confidential nature of the department.

Responsibilities

• Ensure BOMs and routings are complete for products.
• Audit BOMs to actual floor performance.
• Produce variance analysis of products on an ad hoc basis.
• Collaborate with team in the preparation of complex financial reports.
• Integral part of month/quarter/year end close activities and financial statements with detailed analysis.
• Provide support to department leaders through financial and operational analysis throughout the year.
• Liaise with other department personnel.
• Assist with internal and external financial audits.
• Create journal entries, reconcile sub-ledgers for assigned accounts.

Job description

Job Responsibilities

• Ensure BOMs and routings are complete for products
• Audit BOMs to actual floor performance
• Produce variance analysis of products on an ad hoc basis
• Collaborate with team in the preparation of complex financial reports
• Integral part of month/quarter/year end close activities and financial statements with detailed analysis
• Provide support to department leaders through financial and operational analysis throughout the year and applicable budget and forecasting cycles
• Liaise with other department personnel
• Assist with internal and external financial audits
• Create journal entries, reconcile sub‑ledgers for assigned accounts
• Other duties as required

Qualifications

• Immediate open position
• $80,000 - $90,000 annual compensation
• Accounting or Finance post‑secondary education required
• Minimum 2+ years of manufacturing accounting experience in a fast paced automotive environment an asset
• Extensive background in cost accounting and meeting deadlines
• Advanced Excel skills (Pivot Tables, Macros, VLOOKUP)
• Analytical skills backed by high proficiency dealing with data
• Ability to tackle loosely defined problems by asking the right questions
• Strong organizational skills, comfortable with multi‑tasking and project management abilities
• Experience conducting deep dive analysis with large volumes of data
• Excellent verbal and written communication skills
• Previous experience working with PowerBI, SQL, Hyperion, Power Ledger, GSD system and TraX is an asset
• Annual Audits (SOX, Magna Year End, Government)
• Ability to respect and maintain the confidential nature of the department

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