Finance Intern

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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 qualification