Summer Student, IT Finance

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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:
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:

• Salary: Starting at $22.00 per hour
• Immediate, open position

Support the Finance & Controlling team with accurate, timely, and well-documented financial processing, reporting, and analysis for Magna IT. The student will assist with month-end activities, project cost tracking, controls documentation, and ad-hoc analysis while developing hands-on skills with ERP, BI, and collaboration tools.
Your Responsibilities

• Assist with report preparation, perform basic variance analysis, and support intercompany reconciliations
• Review and summarize key observations of AP/AR balances and aging
• Support cost center and project reporting, monitor IT project financials (time tracking, POs), and assist in allocation model updates and intercompany charge reconciliation
• Prepare data templates, update dashboards, and draft presentations containing relevant KPIs and financial insights
• Perform data cleanup and maintain organized/accurate SharePoint folders and version control
• Assist with document preparation, respond to ad-hoc data or analysis requests. Contribute to additional finance, reporting, analysis, or operational tasks as assigned to support evolving team needs

Who we are looking for

• Working towards a bachelor's degree in business, finance or accounting
• Proficient with MS Office suite of software, including Excel, PowerPoint, Word and Outlook
• Attentive to detail, with strong time management skills and ability to work effectively in a team environment.
• Pronounced affinity for numbers and analytical way of thinking
• Ability to work in a confidential manner due to access to information of a sensitive nature

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.
In addition, we offer you the following site benefits:
An overview of our benefits will be discussed during the recruitment process.
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 based on 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.
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 Corporate