Analyst, Financial

Magna International; Michigan; On-site; USD 55,000 - 90,000; Full time

Job summary

Magna International is seeking a financial analyst to support their Mechatronics, Mirrors, and Lighting group in Michigan. The role involves analyzing financial statements, preparing reports, and conducting economic research to inform business decisions.

Candidates should have a Bachelor’s degree in accounting or finance, along with relevant experience based on level going from entry-level to advanced. Magna is dedicated to a diverse workforce and offers a dynamic, supportive work environment.

Qualifications

• 0-2 years experience in financial environment for Level I.
• 3-5 years experience in financial environment for Level II.
• 6-8 years experience in financial environment for Level III.

Responsibilities

• Analyzes and prepares financial statements and reports.
• Conducts economic research and prepares profit analysis.
• Generates forecasts and analyzes business trends.

Skills

Analytical skills

Effective communication

Problem-solving

Project management

Education

Bachelor’s degree in accounting or finance

Tools

Spreadsheets

Database management

Job description

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

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, MML\'s expertise light the path to innovation, safety and styling.

Job Responsibilities

POSITION SUMMARY: Analyzes and prepares financial statements and reports such as income and inventory statements, balance sheets, and statements of financial position. Performs advanced professional, independent, and objective financial and business analyses of fixed capital and other investment proposals and other special financial studies. Supports finance function in various planning, reporting, and analytical capacities.

Key Functions & Responsibilities

• Performs economic research and studies of rates of return, depreciation, and investments.
• Analyses profit and loss income statements and prepares reports on findings to make recommendations to management.
• Generates forecasts and analyzes trends in sales, finance, and other areas of business.

Qualifications, Education & Experience

Level I

• Bachelor’s degree in accounting or finance (or equivalent experience), with 0-2 years experience in an appropriate financial environment
• Demonstrated strong initiative in confronting and resolving problems.
• Effective in written and verbal communications, proven skills in interacting with others.
• Possess analytical skills.
• Ability to organize and prioritize work with minimal supervision.
• Proficient in use of computers, including spreadsheets and graphics.

Level II

• Bachelor’s degree in accounting or finance (or equivalent experience), three to five years experience in an appropriate financial environment.
• Experience in project management.
• Strong leadership and communication skills with ability to aggressively interact and influence all segments of the organization.
• Proficient knowledge in manufacturing systems, competent in most phases of data base management and information reporting.

Level III

• Bachelor’s degree in accounting or finance (or equivalent experience), six to eight years experience in an appropriate financial environment.
• Exercises independent judgment and discretion utilizing broad knowledge of accounting and financial analysis techniques.
• Experience in general supervision and project management.
• Possess or working toward a CPA, CMA, or MBA.

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

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Worker Type

Regular / Permanent

Group

Magna Mechatronics, Mirrors & Lighting