Financial Analyst

About the Role

This position is accountable to be the financial champion for programs starting with the initial quote for business and well into the programs production life.
 

Your Responsibilities

•    Coordinate the receipt of all program costs required for quote capital, and review the latter for reasonableness
•    Prepare production part costs for new programs, and maintain these costs throughout the program life
•    Prepare 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 manager 
•    Maintain management status reports for product design & development (PDD) costs, production parts, prototypes, tooling and pre-production costs for assigned programs
•    Maintain selling prices on drive, and calculate sales accruals monthly for production parts
•    Review and approve all cost changes that are made to drive master files that affect program costs
•    Member 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 capital
•    Develop fiscal program sales and cost of sales budgets based on Magna planning volumes
•    Occasional communications with customer regarding clarifying information submitted on a request for quote (RFQ), or equivalent
•    Maintain all drive major and minor sales codes for designated programs
•    Bank reconciliations
•    Develop business case for new programs
•    Assist with development of tooling strategy
•    Maintain Cost Reduction Roadmaps
•    Minimal travel as required.  Ability to travel to the U.S. required. 
•    Follow the duties and responsibilities specified under the Occupational Health & Safety Act 
•    Ensure adherence to established safety, quality and housekeeping standards.
•    Attends Environmental Health and Safety training 
•    Report any known hazard, defect, incident or compliance issue to the employer or supervisor 
•    Understand BILL 168 and uphold the policies that prohibit domestic violence, workplace violence and harassment in the Workplace.
•    Perform other duties as required

PERFORMANCE MEASURES:
•    5S
•    Budgeting/forecasting accuracy
•    Customer satisfaction (internal/external)
•    Execute all programs/projects within the established budget
•    Forecasting accuracy
•    Meets all timelines as assigned
•    On-time month-end reporting
•    On-time quote capitals
•    On-time requests for quotes
•    Overall program contribution margin improvements
•    Past due receivables
 

Who we are looking for

Education & Experience
•    Completion of community college diploma/certificate.
•    3 to less than 5 years of work-related experience.
•    Professional designation (CPA) preferred.
•    Previous supervisory experience preferred
•    Previous experience in the manufacturing industry preferred

Core Competencies
•    Controls Finances
•    Analyses Data
•    Attends to Details
•    Communicates Effectively 
•    Multi-Tasks
•    Sound Computer Knowledge
•    Forecasting, Budgeting & Financial Modelling Skills
•    Ethical
•    Team – Worker
•    Interpersonal and Customer Service
 

Your preferred qualifications

Candidates will be required to complete a Criminal Records Check and, if deemed necessary, a Credit Check as part of the candidate selection process.

What we offer

Awareness. Unity. Empowerment.