Finance Analyst

Job descriptions may display in multiple languages based on your language selection. 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: Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain. Job Responsibilities: Job title: Finance Analyst Job Introduction:  The Financial Analyst is responsible for analyzing financial data, preparing reports, supporting budgeting and forecasting processes, and providing insights that help management make informed business decisions. The role involves monitoring financial performance, identifying trends and risks, and ensuring financial accuracy and compliance. Major Responsibilities:  Financial Planning & Analysis (FP&A)Prepare annual budgets, quarterly forecasts, and long-term financial plans. Analyze actual financial performance against budgets and forecasts. Provide variance analysis and recommend corrective actions. Support business units with financial planning and reporting requirements. Financial ReportingPrepare monthly, quarterly, and annual financial reports. Develop management dashboards and key performance indicators (KPIs). Ensure accuracy and completeness of financial information. Present financial findings and recommendations to management. Business AnalysisConduct profitability, cost, and investment analyses. Support pricing, cost optimization, and business case development. Analyze market trends and business performance metrics. Identify financial risks and opportunities to improve profitability. Budgeting & ForecastingCoordinate budget collection and consolidation activities. Maintain financial models for forecasting revenue, costs, and cash flow. Monitor budget utilization and recommend adjustments where required. Compliance & ControlsEnsure compliance with company policies and financial regulations. Support internal and external audit activities. Assist in improving financial processes and internal controls. Stakeholder SupportPartner with business leaders to provide financial guidance. Support strategic projects, investment evaluations, and management decisions.