Senior Financial Analyst, Finance Continuous Improvement (m/f/x)

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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:

Magna is seeking a highly motivated and experienced Senior Financial Analyst to support the global harmonization of the Accounts Payable (AP) function and the strategic rollout of E-Invoicing across Magna’s global operations. This role plays a critical part in transforming Magna’s accounting practices toward a more digital, standardized, and efficient future state. The successful candidate will contribute to process excellence across divisions and regions, ensuring compliance, consistency, and innovation.

Key Responsibilities

Act as Magna’s main point of contact for any global E-Invoicing matters.
Continuously monitor international regulatory developments to ensure Magna’s E-Invoicing processes remain compliant.
Collaborate with internal stakeholders to define and maintain Magna-wide standards for E-Invoicing formats, platforms, and compliance protocols.
Act as a key contributor to the global implementation of E-Invoicing solutions, working closely with Finance and IT teams.
Partner with IT and external vendors to ensure seamless integration of E-Invoicing solutions with Magna’s ERP systems.
Support the evaluation of current AP processes across divisions to identify opportunities for standardization and automation.
Contribute to the development and deployment of AI-driven solutions aimed at optimizing AP processes and achieving leading practice benchmarks.
Recommend and support implementation of process improvements to enhance operational efficiency, accuracy, and vendor satisfaction.
Assist in establishing process monitoring tools and KPI dashboards to track performance and drive continuous improvement.

Qualifications

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; alternatively, extensive experience in Accounts Payable and E-Invoicing may be considered in lieu of formal education.
Minimum of 3 years of progressive experience in finance, with a strong focus on AP and E-Invoicing processes.
Advanced Excel skills.
Strong understanding of global financial compliance and regulatory environments.
Experience working with ERP systems (especially SAP).
Excellent analytical, communication, and problem-solving skills.
Ability to work collaboratively across functions and geographies.
Preferably experience in a multinational manufacturing or automotive environment
Exposure to AI or automation technologies in finance, in particular P2P and E-Invoicing solutions is an asset
Project management experience or certification is an asset

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.

Worker Type:

Regular / Permanent

Group:

Magna Corporate