Accounts Payable Specialist

Posted 3 Days Ago
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Novi, MI
Hybrid
Mid level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Accounts Payable Specialist processes invoices, executes vendor payments, reconciles transactions, updates vendor records, assists with audits, and ensures compliance with financial regulations.
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:
Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.
Job Responsibilities:
Position Summary
We are seeking a detail-oriented and proactive Accounts Payable Specialist to join our Finance team. This role is responsible for processing and maintaining financial data related to accounts payable, ensuring accuracy, timeliness, and compliance with company policies and industry standards. The ideal candidate will bring strong analytical skills, a collaborative mindset, and a commitment to operational excellence.
Key Responsibilities
  • Process and verify invoices for accuracy and completeness.
  • Prepare and execute timely payments to vendors.
  • Reconcile accounts payable transactions and resolve discrepancies.
  • Maintain and update vendor files and records.
  • Collaborate with internal departments and vendors to ensure smooth operations.
  • Assist with month-end closing and financial reporting.
  • Support internal and external audit
  • Ensure compliance with financial regulations and Magna's policies.
  • Uphold safety standards and participate in required training and safety meetings.
  • Perform other related duties as assigned.
  • Perform all other duties deemed appropriate for an Accounts Payable Representative as assigned.
  • Supports Internal / External Audit efforts regarding ISO 9001:2015, IATF 16949 Certification for remote site location (Group Office).
  • Supports the requirements as detailed in Standard Operating Procedure 8000 (Quality Management System).
  • Ensure employees work in the manner consistent with the organizations established objectives and targets utilizing protective equipment, devices, measures, and procedures as promulgated by state and federal regulations. Establish clear goals for workplace health and safety. Complete safety talks, safety meetings, and required training occur, as defined.

Qualifications
Education:
  • Associate's Degree in Accounting or equivalent combination of education and experience.

Experience & Skills:
  • Minimum 3 years of accounting experience, preferably in accounts payable.
  • Proficiency in SAP S/4HANA and other ERP/accounting systems.
  • Strong knowledge of Microsoft Office, especially Excel.
  • Solid understanding of accounting principles and AP processes.
  • Excellent attention to detail and accuracy.
  • Strong organizational and time management skills.
  • Effective written and verbal communication skills.
  • Ability to handle confidential information with discretion.
  • Problem-solving skills and ability to analyze financial data.
  • Ability to work independently and collaboratively in a team environment.

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.
Worker Type:
Regular / Permanent
Group:
Magna Seating

Top Skills

MS Office
Sap S/4Hana

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The Company
HQ: Aurora, Ontario
171,000 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 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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