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Assistant Controller at Magna International

Assistant Controller

Magna International Brampton, ON, Canada, Ontario Full-Time
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Group Description

Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Role Summary

This position is for Massiv Die-Form and Massiv Automated Systems, divisions of Cosma International.

Cosma International, an operating unit of Magna International, is one of the world‘s premier global automotive suppliers providing a comprehensive range of body, chassis, and engineering solutions to our customers. Our pioneering technology and creativity allows our customers to ask for solutions that lie beyond what they previously thought was possible.

Massiv Die-Form, a division of Magna International, designs and builds medium to large cast automotive and hot stamping dies. Massiv Die-Form is proudly committed to manufacture products of the highest quality, reliability, maintainability and durability for the global automotive market through skilled and dedicated people focused on total customer satisfaction, ongoing protection of the environment and the profitable well-being of our company.

Key Responsibilities
  • Assist in preparation of month end/year end financial statements, financial projections and month end reports for management and corporate information purposes.
  • Assist in preparation of detailed annual operating and capital budget and multi-year financial plans (budgets).
  • Administration of foreign currency hedging program.
  • Administer insurance claims and assist on determining insurance requirements.
  • Monitor ongoing service contracts and leases
  • Analyze working capital, revenue and cost ledgers on a regular basis
  • Assist Controller in directing and coordinating all activities of financial staff to ensure departmental requirements are met, and participate in the reviews of office staff as directed by the controller.
  • Review payments, control cost, maintain expense allocation guidelines.
  • Ensure efficient and effective internal controls pertaining to accounts receivable, foreign exchange exposure and expense management.
  • Develop reports on company activities and prepare backup and analysis for adhoc assignments.
  • Monitor compliance with policies.
  • Compliance with UCT, international trade/tax rules and related issues.
  • Perform other reasonable duties as assigned by Controller.
  • Responsible for applicable QEMS policies, procedures and work instructions.
  • Train employees on policies, procedures & work instructions applicable to work according to QEMS.
Key Qualifications/Requirements
  • CPA or equivalent with an emphasis on finance and accounting.
  • Minimum 5 years experience in manufacturing industry.
  • Excellent computer skills including MS Excel. Experience with Visual Manufacturing and SQL queries preferred,
  • Excellent written and verbal communication skills.
Additional Information

Accommodations for disabilities in relation to the job selection process are available upon request.



Recommended skills

Working Capital
Financial Statements
Internal Controls
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Job ID: 12797


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