Accountant, Cost

Job Posted 4 Days Ago Posted 4 Days Ago
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St. Thomas, ON
Hybrid
Mid level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Accountant, Cost tracks and manages tooling and capital project costs, prepares margin reports, and supports departmental budgeting and reconciliations while ensuring compliance with quality and safety procedures.
Summary Generated by Built In

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:
REQUIRED SKILLS AND EXPERIENCE:
1. CPA designation or actively pursuing a CPA designation.
2. Business Administration or Commerce degree or equivalent.
3. Experience using Microsoft Office.
4. Experience working with an ERP system, standard cost environment, cost analysis, and inventory accounting would be an asset.
DUTIES:
1. Track costs incurred and costs remaining to be spent for tooling and capital projects.
2. Responsible for management of tooling inventory and costing.
3. Responsible for various capital and tooling account reconciliations as assigned.
4. Prepare margin reports by program/part number.
5. Maintain accurate material standard costs in our system. Facilitate annual standard cost roll.
6. Attend and participate actively in all APQP meetings.
7. Work with all departments on capital request packages. Enter and track capex in automated system (MCS).
8. Act as a backup for all inventory transactions and reconciliations.
9. Recommend ways and means of providing better timely and accurate management information from the cost system.
10. Become proficient with CMS ERP system.
11. Work with Production and Engineering to establish annual run standards and crew sizes used for standard costing purposes.
12. Assist in the preparation of the annual budget (capital, tooling, scrap revenue, contribution margin)
13. Assist as backup to general accountant.
14. Perform audits on the bill of materials.
15. Approach each day and each challenge with a positive attitude.
16. Conduct themselves in a professional manner when receiving or giving feedback/information, whether it is positive or constructive.
17. Support and models the Presstran operational procedures/policies, Employee Handbook and "How We Work Together", Magna Employee's Charter, Magna Corporate Constitution.
18. Follow and comply with all operational procedures/policies as stated in the Employee Handbook, Quality and Environmental programs (e.g. TS16949, IATF16949, ISO14001).
19. Adhere to all Health and Safety programs in accordance with the OHSA. Follow and ensure the Company's procedures regarding safety rules and regulations are followed throughout their assigned area.
20. Keeping the work area clean and tidy in compliance with departmental 5S standards.
21. Other duties as required.
Benefits:• Overtime after 44 hours per week.• Vacation: 2 weeks of paid vacation + 4 Personal Paid Holidays• Weekly pay via direct deposit.• Barbecues and Children's Christmas Party.• Medical and Dental Coverage starts after 30 Days• Eligible for Incentive Bonus• Magna Profit Sharing.• Matched GRRSP.• Company paid pension contributions• Company paid life insurance and AD&D coverage.• Educational Assistance program.• Work boot, safety glasses and custom molded earplug allowances.• Roger's cell phone plan available to Presstran Team Members.• Monthly Employee discounts (new vehicle, amusement parks etc.).
Additional Information Accommodations for disabilities in relation to the job selection process are available upon request.
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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Cosma International

Top Skills

Cms Erp System
Erp System
MS Office

What the Team is Saying

Person1
Doug
Senior Systems Engineer - Electrification
“"What I enjoy most about working at Magna is being surrounded by talented, passionate people with common goals of making the best technology possible."“
Doug
Dave
Sam
Leo
Jim
Sreeni
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The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
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 171,000 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.

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Magna International Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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