Finance Intern/Co-op Student
Magna International, Inc.

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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.

Group Summary:

Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Electronics.

Job Responsibilities:

POSITION SUMMARY:

The intern will assist with various financial tasks, including departmental financial reporting and analysis. This is an excellent opportunity for a student or recent graduate to gain hands-on experience in a dynamic and fast-paced environment.

QUALIFICATIONS:

• Currently pursuing or recently completed a Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Knowledge/experience of Microsoft Office (Word, Excel, PowerPoint)
• Strong analytical and problem-solving skills
• Basic understanding of financial principles and accounting practices.
• Experience in a dynamic and fast-paced environment, with the ability to multitask and prioritize responsibilities.
• Proven experience working with cross functional teams
• Effective communication skills to collaborate with team members, supervisors, and other employees.

ROLE EXPECTATIONS

• Ensure all crib issuance transactions are properly documented and classified.
• Work with materials and procurement teams to verify the accuracy of crib issuance records.
• Assist in reconciling discrepancies related to crib issuances.
• Assist in the development and maintenance of departmental reporting tools.
• Support the finance team in comparing actual financial performance to plan.
• Help prepare and distribute monthly, quarterly, and annual financial reports.
• Analyze variances between actual and plan and provide insights.
• Collaborate with various departments to gather necessary financial data.

The above statement reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as a detailed description of all the work required in the job. Duties, responsibilities, and activities are not limited to those in the description and may change at any time, with or without notice, per management.

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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Worker Type:

Student / Co-Op

Group:

Magna Electronics

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