Role Summary

The Assistant Controller is responsible for overseeing day-to day accounting functions, the maintenance of the balance sheet by supporting general accounting activities including the preparation and entry/posting of various journal entries, and supporting accounts receivable, and accounts payable as issues arise.

Key Responsibilities

• Manage the month end process from reviewing journal entries and account reconciliations through preparing financial statements and variance analysis.
• Supervision of Accounts Payable Clerks and Staff Accountant providing support and guidance.
• Maintains fixed asset subledgers and records monthly depreciation.
• Ensures accurate and timely monthly, quarterly and year-end close.
• Provide financial analysis and advice as required to Senior Management (GM/AGM/Controller).
• Ensure that a complete and accurate set of accounting records are maintained according to generally accepted accounting principles and following corporate procedures and internal controls.

Other Key Responsibilities

• Assists with preparation of the business plan and periodic updated forecasts as well as subsequent monthly variance analysis.
• Leads the preparation of the annual audit file and co-ordinates with external auditors in their subsequent examination of the division’s financial statements.
• Responsible for the preparation and submission of tax package requirements as set out by Magna Tax.
• Review and maintain financial computer system requirements.
• Champions archiving of files etc. from all department, ensuing meet government regulations.

Minimum Qualifications

• Accounting designation CA/CGA/CMA required

• Undergraduate degree preferred
• Five plus years of related experience required
• Experience in a manufacturing environment which includes stamping and assembly would be an asset.
• Proficient in Microsoft Office (Excel, Word, PowerPoint, Project)
• Good command of the English language both verbal, written and the ability to communicate to the customer.
• Must be able to work in a strict confidential environment.

Additional Information

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

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