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Careers at Magellan Aerospace
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Financial Analyst

6 Jun 2024
Verified by Turrior

Content + Source + Freshness • 12 Dec 2025 • 95% confidence

85 / 100

Offer value

Strong employer reputation, competitive salary, and a comprehensive benefits package contribute to a high-value position for career development.

  • Competitive salary and attractive benefits
  • Strong potential for career advancement
  • Stable environment with a focus on work-life balance
  • Requires specialized experience and skills
Pros
  • Competitive salary and benefits
  • Positive work-life balance
  • Robust opportunities for career progression and development
Cons
  • Requires a minimum of 3 years relevant experience
  • May involve extended hours during close processes
  • Manufacturing experience is preferred but may limit applicant pool

Who it's for

Mid-Level • On-site

Good fit
  • Experienced financial analysts
  • Candidates with manufacturing backgrounds
  • Individuals seeking career growth in the aerospace industry
Not recommended for
  • New graduates or candidates with no relevant experience
  • Those looking for completely remote work
  • Candidates without strong communication skills

Motivation fit

Desire for growth in a stable sectorInterest in contributing to team success and learning from senior staffCommitment to continuous personal and professional development

Key skills

Financial reporting and analysisBudgeting and forecastingAnalytical problem-solvingCommunication and mentorship
Score: 85/100 AI verified analysis

About the job

Financial Analyst

Date: May 24, 2024

Location: Mississauga, ON, CA, L4T 1A9

Company: Magellan

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. 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 invest in our employees.

When you are part of Magellan, you are part of the team!

Position Summary

Magellan Aerospace, Mississauga has a great opportunity for a Financial Analyst. The successful incumbent will engage in Financial Reporting and Analysis.

Essential Responsibilities

  • Prepare and analyze financial reports, including variance analysis and forecasting.
  • Preparation and analysis of financial statements on a monthly, quarterly, and annual basis.
  • Assist in the preparation of annual budgets and long-term financial plans.
  • Support the month-end and year-end close processes, including accruals and reconciliations.
  • Manage and review general ledger accounts, and inventory reconciliation to ensure accuracy and completeness.
  • Support/mentor the General Accountant, AP, and Payroll staff as required.
  • Coordinate and Assist with internal and external Audit requirements.
  • Assist in the preparation of business review packages for senior managment and key executives.
  • Support the Divisional Controller with ad-hoc analysis and special projects as required.
  • Collaborate with cross-functional teams to support strategic initiatives and projects.
  • Stay up-to-date with industry trends, regulations, and best practices in financial analysis.

Position Requirements

  • University and/or College Degree in Business Administration, Accounting, Finance, Economics or equivalent.
  • CPA Certification or candidate.
  • Min 3 years of experience in a similar position.
  • Inventory experience preferred.
  • Financial statement preparation and analysis.
  • Budgeting and forecasting experience in a manufacturing environment.
  • Involvement with budget, forecast, and financial preparations.
  • Excellent anaylytical and problem-solving skills.
  • Manufacturing background.
  • Strong communication skills – written and verbal.
  • Strong attention to detail and accuracy.

Why Magellan?

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

Confidentiality

Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.

Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state, or local law)

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