Financial Analyst

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Role Summary

Provides financial planning and analyses. Monitors actual results of financial data against plans, forecasts and budgets. Gathers, organizes and documents relevant financial information. Determines trends and explains financial results. Prepares detailed reports and presentations for review by all levels of management. Consolidates operating and financial projections for the development of short-term and long-term business plans.

Key Responsibilities

• Analyze financial data to support decision-making and strategy development. This may include analyzing trends, creating financial models, and preparing financial reports.

• Identify areas of financial risk and develop strategies to mitigate them.

• Assist with financial planning and budgeting processes.

• Assist with preparation of various reports for annual audit pack and quarterly audit pack.

• Assist in monthly, quarterly, and annual closing processes.

• Conduct special topics and ad-hoc analyses.

• Participate in special projects and tasks.

• Work closely with the finance team and other departments to gather necessary data and facilitate smooth financial operations.

• Execute daily and ad-hoc financial tasks, providing analytical support to enhance decision-making processes.

• All other duties as assigned.

Key Qualifications/Requirements

• Bachelor's degree in finance, accounting, economics, or a related field

• 5+ years of experience in financial analysis or a related field

• Strong ability to analyze complex financial data, identify trends, and interpret result

• Advanced knowledge of Excel, financial modeling software, and financial reporting tools

• Proficiency in SAP or similar ERP systems.

• Ability to create accurate financial forecasts and projections

• Experience with budget development and financial planning processes

• Clear and concise communication to present findings to stakeholders and management

• Conflict resolution and constructive teamwork abilities.

• Ability to collaborate with cross-functional teams and effectively manage projects

• Provide strategic insights and recommendations based on financial analysis

• Understanding of Generally Accepted Accounting Principles (GAAP)

Additional Information

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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.