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Form of workGroup Description
At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We're the only mobility technology company and supplier with complete expertise across the entire vehicle.
We are committed to quality and continuous improvement because our products impact millions of people every day. But we're more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it's our talented people who lead us on this journey.
About the Role
Reporting directly to the Assistant Director, Technical Accounting & Policies, the successful candidate will be responsible for assessing the appropriate accounting treatment for significant and complex transactions in accordance with US GAAP, reviewing and providing support for the Company's financial statements and schedules, and assisting in preparation of the Company's accounting policies.
Your Responsibilities
- Support compliance with accounting and regulatory requirements, including researching and providing guidance to global finance teams on various Technical Accounting issues
- Prepare position papers to support the appropriate accounting treatment of significant and complex transactions
- Provide support on the Company's financial statements, including determining the impact of significant and complex transactions, and overall compliance with disclosure requirements
- Support the accounting for post-retirement benefits and related note disclosures
- Review and update US GAAP compliant accounting policies, including preparation of new policies
- Assist with ad-hoc projects
Who we are looking for
- Ability to prepare Technical Accounting memorandums with sufficient depth
- Ability to balance multiple tasks with competing priorities in a dynamic environment
- Strong attention to detail
- Excellent oral and written communication skills
- Pension accounting experience is an asset
Your preferred qualifications
- University degree
- CPA or CPA, CA designation
- 6+ years work experience either from a public accounting firm or a public company
- Strong experience researching, applying and communicating guidance under US GAAP and SEC requirements
- Experience in the preparation or review of external financial reporting for public companies
- Accommodations for disabilities in relation to the job selection process are available upon request.
- 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
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.
Site Benefits
- Hybrid Work Policy
- Wellness programs and events
- On-site cafeteria
- Parking for electric vehicles
- Access to private park for employees & their families
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.
