Senior Financial Analyst

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What we offer:

Group Summary:

Job Overview

The Senior Financial Analyst plays a critical role in reviewing financial metrics, accounts, and processes to ensure compliance, identify improvement opportunities, and support strategic decision-making. This position supports plant leadership by delivering accurate financial analysis, managing key programs such as the Steel Resale Program, and contributing to continuous improvement initiatives within Finance.

Roles & Responsibilities

• Analyze financial statements, general ledger activity, and periodic financial results.
• Reconcile assigned general ledger accounts and support month-end, quarter-end, and year-end close.
• Monitor and manage the Steel Resale Program, serving as Finance liaison between OEMs and internal teams.
• Prepare financial reports, forecasts, and analyses to support management decision-making.
• Support Cost of Poor Quality (COPQ) reporting and continuous improvement initiatives.
• Ensure compliance with Sarbanes-Oxley (SOX) and internal financial controls.
• Assist with Accounts Payable, Accounts Receivable, and cross-functional finance support as needed.
• Participate in ad hoc projects to improve financial processes, controls, and efficiency.

Education & Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field required.
• 3–5 years of experience in a manufacturing environment preferred.
• Experience working with steel suppliers, OEMs, budgeting systems, or compliance audits is highly desirable.
• Advanced proficiency in Microsoft Excel.
• Experience with integrated financial and manufacturing software systems.
• Ability to interpret technical and financial data.
• Strong analytical and problem-solving skills.

Benefits

• Onsite cafeteria with multiple fresh-cooked options and salad bar
• annual events (Summer cookouts, Christmas party, etc.)
• Annual uniform allowance
• Annual shoe allowance
• biennial prescription safety glasses allowance
• Perfect attendance rewards (Hourly employees)
• Medical Dental Day
• Education assistance
• 12 Paid Holidays
• Health Insurance (includes telemedicine, FSA, HSA, and other benefits)
• Dental Insurance
• Vision Insurance
• 401(k) with match
• Employee Profit Sharing Plan
• Employee Assistance Program
• Tuition Reimbursement

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.

Notice regarding the use of AI:

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.

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