Job Type
Full-Time Regular
Company Name
Magellan Aerospace Limited, Corporate

Position Summary

Magellan Aerospace, Limited is looking for a Financial Analyst to join our Corporate team. The successful incumbent will be responsible for accounting and financial reporting of corporate entities and treasury reporting, and assist in group consolidation and reporting, budgeting and forecasting. Reporting to the Assistant Controller and Director of Financial Services, the Financial Analyst will build relationships with the other teams and divisions and providing ad-hoc analysis.

Perks & Benefits

  • Competitive salary
  • Attractive benefits package (fully Company paid)
  • Generous Company pension plan
  • Positive work-life balance
  • Excellent career progression opportunities
  • Employee Assistance Program
  • On-site gym
  • Free parking

Essential Responsibilities

  • Responsible for accurate financial records of corporate companies, including recording transactions and preparing accounts reconciliations
  • Prepare and analyze monthly financial statements for corporate companies in a timely manner
  • Assist in the monthly consolidation process, specifically intercompany elimination
  • Prepare quarterly and annual audit working paper for the external auditors, including note disclosures supports
  • Assist in budgeting and monthly forecasting processes, including preparing back-up schedules and performing analytical reviews
  • Responsible for daily cash accounting and reporting, including performing daily cash reconciliation and intercompany reconciliations
  • Coordinate and process the settlement of inter-company transactions on a monthly basis, and intercompany funding transactions as they arise
  • Prepare divisional and consolidated cash analysis and reports (AR, AP, CAPEX, borrowing and investing)
  • Execute day-to-day banking operation and resolve issues as they arise
  • Participate in team initiatives to implement process improvements for financial reporting and treasury
  • Complete Statistic Canada and Bureau of Economic Analysis surveys
  • Assist with special, on-off projects.

Position Requirements

  • University degree in Accounting, Finance or equivalent
  • Professional designation or working towards a professional designation
  • A minimum of 2 years of experience in financial accounting, reporting and analysis
  • Strong analytical skills and an effective communicator
  • Deadline driven, strong attention to detail and efficiency oriented with continuous improvement mindset
  • Proficient in Excel and other MS Office applications
  • Knowledge and experience with Sage 50, Prophix or other accounting software would be an asset
  • Ability and willingness to take ownership and responsibilities of projects

COVID-19 Protocol:

Magellan Aerospace is committed to providing a safe and healthy work environment for our employees. Each employee and visitor who enter our premises are screened for COVID-19 symptoms. Masks are mandatory in all of our shared public areas of the workplace and employees are required to practice social distancing at all times. We have ensured that hand-sanitize stations are easily accessible and enhanced cleaning schedules have been implemented on a daily basis.

About us:

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. The organization officially adopted the name “Magellan Aerospace Corporation” in 1996; deriving it from the intrepid explorer Ferdinand Magellan. His global exploits at the turn of the 15th century established a number of firsts, so the company’s vision has been to carry this same legacy into the future of the aerospace industry.

At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value. Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual, and every individual is fundamental to the success of our business, so we invest in our employees and provide excellent career progression opportunities. When you are part of Magellan, you are part of the team!

Date Posted

Number of Openings