Magna International

Finance Intern

Posted 35 Minutes Ago

Be an Early Applicant

Clinton TN USA

Hybrid

Internship

Automotive • Hardware • Robotics • Software • Transportation • Manufacturing

Dream big. With Us. Let's create the future of mobility together.

The Role

The Finance Intern will assist in day-to-day financial operations accounting processes and financial reporting including budget tracking and audit preparation.

Summary Generated by Built In

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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:
Cosma provides a comprehensive range of body chassis and engineering solutions to global customers. Through our robust product engineering outstanding tooling capabilities and diverse process expertise we continue to bring lightweight and innovative products to market.
Job Responsibilities:
The Finance Intern will assist the Finance department in day-to-day financial operations accounting processes and financial reporting. The intern will be involved in budget tracking financial reporting invoice processing and providing support for audit preparation.
Responsibilities

Financial Documentation - Assist in preparing organizing and maintaining financial documents such as invoices receipts payment vouchers and financial reports.
Data Entry - Input financial transactions into accounting software and ensure accurate and timely data entry for all financial records.
Bank Reconciliations - Help in preparing monthly bank reconciliations by comparing bank statements with the internal financial records.
Budget Support - Assist in monitoring departmental and project budgets track expenditures and report variances to the Finance Manager.
Invoice Processing - Support the verification and processing of supplier invoices and ensure payments are made on time.
Expense Reporting - Assist in reviewing and verifying staff expense reports to ensure compliance with the organization's policies.
Financial Audits - Provide support during internal and external audits by gathering required documents and information.
Procurement Support - Collaborate with the procurement team to verify financial documentation for purchasing activities and ensure that transactions follow procurement policies.
Financial Reporting - Assist in preparing monthly quarterly and annual financial reports as required.
Office Administration Support - Provide general administrative assistance including filing correspondence and assisting with the organization of finance related meetings.

Education

Currently pursuing or graduated with a Bachelor's degree in Finance Accounting Economics or related field
Previous internship experience

Skills

Strong analytical and problem-solving skills
Proficiency in Microsoft Excel (formulas pivots preferred)
Attention to detail and strong organizational skills
Ability to handle confidential information professionally
Strong communication skills (written and verbal)

Qualifications

Coursework in financial accounting managerial accounting or corporate finance
Experience with financial modeling budgeting or forecasting (academic or internship experience)
Familiarity with ERP systems (SAP Oracle Workday or similar)
Experience creating reports dashboards or presentations for leadership review
Basic understanding of manufacturing or operational cost structures (labor overhead inventory)
Exposure to data analysis tools (Power BI Tableau or similar) is a plus
Prior internship co-op or project-based experience in Finance or Accounting preferred

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:
Intern (Fixed Term) (Trainee)
Group:
Cosma International

Top Skills

Erp Systems (Sap

Excel

Oracle

Power BI

Tableau

Workday)

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The Company

HQ: Aurora Ontario

171000 Employees

Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171000 dynamic entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development engineering and sales centers in 29 countries. We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different we are committed to your growth.

Why Work With Us

At Magna our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design development and manufacturing of the world’s most advanced mobility technology. Innovations that move families shape communities and improve lives. You can follow your passions and shape your own career path.