Cost Accountant

Posted 18 Days Ago
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St. Thomas, ON
Hybrid
1-3 Years Experience
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Responsible for cost and inventory accounting and analysis for tooling divisional operation. Supply analytical support for continuous improvement process. Manage tooling inventory and costing, facilitate standard cost roll, work on capital request packages, recommend ways to improve management information, perform audits on bill of materials.
Summary Generated by Built In

About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
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.
About the Role
Adhering to generally accepted accounting principles and practices the Cost Accountant is responsible for all cost and inventory accounting and analysis for all aspects of tooling for divisional operation. They act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas.
Your Responsibilities

  • Track costs incurred and costs remaining to be spent for tooling and capital projects.
  • Responsible for management of tooling inventory and costing.
  • Facilitate annual standard cost roll.
  • Work with all departments on capital request packages. Enter and track capex in automated system (MCS).
  • Act as a backup for all inventory transactions and reconciliations.
  • Recommend ways and means of providing better timely and accurate management information from the cost system.
  • Become proficient with CMS ERP system.
  • Work with Production and Engineering to establish annual run standards and crew sizes used for standard costing purposes.
  • Perform audits on the bill of materials.


Who we are looking for

  • Experience Using Microsoft Office
  • Experience working with an ERP system, standard cost environment, cost analysis, and inventory accounting would be an asset.


Your preferred qualifications

  • CPA designation or actively pursuing a CPA designation.
  • Business Administration or Commerce degree or equivalent.


Accommodations for disabilities in relation to the job selection process are available upon request.
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.
What We Offer at Presstran:

  • Overtime after 44 hours per week.
  • Vacation: 2 weeks of paid vacation + 3 Personal Paid Holidays
  • Weekly pay via direct deposit.
  • Barbecues and Children's Christmas Party.


Site Benefits

  • Medical and Dental Coverage.
  • Incentive Bonus if requirements are met.
  • Magna Profit Sharing.
  • Matched GRRSP.
  • 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.).


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.

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The Company
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 168,000 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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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.

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