Magna International
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Detroit, MI

Accounting Clerk at Magna International (Detroit, MI)

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Job Number: 57702
Group: Magna Seating
Division: LM Manufacturing
Job Type: Permanent/Regular
Location: Detroit, MI
Group Description
This position will be a part of a new start-up Joint Venture between LM Manufacturing and Magna Seating. The Seating JIT Assembly plant is located in the Detroit, Michigan. 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.
Role Summary
LM Manufacturing is a leading company in the manufacturing industry, specializing in the production of high-quality products. We are currently seeking a detail-oriented and motivated individual to join our team as an Accounting Clerk. This position offers an exciting opportunity to contribute to our financial operations and ensure accurate and timely recording of financial transactions.
Key Responsibilities
  • Financial Data Entry: Accurately input financial data, including invoices, purchase orders, receipts, and payments, into the accounting system.
  • General Ledger Maintenance: Assist in the maintenance of the general ledger by reconciling accounts, updating entries, and ensuring accuracy and completeness of financial records.
  • Accounts Payable and Receivable: Process invoices, match purchase orders with invoices, verify payments, and assist in managing accounts payable and accounts receivable functions.
  • Expense Management: Review and reconcile expense reports, ensuring compliance with company policies and procedures. Assist in monitoring and controlling expenses.
  • Financial Reporting: Assist in generating financial reports, including balance sheets, income statements, and cash flow statements. Provide support for month-end and year-end closing procedures.
  • Record Maintenance: Organize and maintain physical and electronic financial records, ensuring proper documentation and confidentiality.
  • Audit Support: Assist with internal and external audits by providing relevant documentation, answering inquiries, and ensuring compliance with audit requirements.
  • Financial Analysis: Conduct basic financial analysis and assist in identifying trends, variances, and areas for improvement.
  • Communication and Collaboration: Collaborate with other departments, vendors, and customers to resolve accounting-related issues and ensure smooth financial operations.
  • Adherence to Policies and Regulations: Ensure compliance with company policies, accounting principles, and relevant regulations, such as GAAP (Generally Accepted Accounting Principles).
  • Other duties as assigned.

Key Qualifications/Requirements
  • High school diploma or equivalent; associate's degree in accounting or related field is preferred.
  • Proven work experience as an accounting clerk or in a similar role.
  • Proficiency in accounting software and MS Office applications, particularly Excel.
  • Strong attention to detail and accuracy in data entry and financial calculations.
  • Solid understanding of basic accounting principles and procedures.
  • Excellent organizational and time management skills.
  • Ability to prioritize tasks and meet deadlines in a fast-paced environment.
  • Strong communication and interpersonal skills.
  • Knowledge of relevant regulations and compliance requirements.
  • Familiarity with manufacturing industry accounting is a plus.

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.
Nearest Major Market: Detroit
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What are Magna International Perks + Benefits

Magna International Benefits Overview

At Magna, our employees are at the center of what we do. It’s a priority to protect the health of our people and our business and we do this in a variety of ways. We offer a competitive and comprehensive benefits program including medical, dental, vision, pharmacy, disability, life insurance, FSA, 401(k) with company match, profit sharing plan, Employee & Family Assistance Program (EFAP), pet insurance, auto/home insurance, wellness programs and much more!

Volunteer in local community
Partners with nonprofits
Open door policy
Team based strategic planning
Open office floor plan
Hybrid work model
Summer hours
Remote work program
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K) matching
Company equity
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Family medical leave
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Company-sponsored outings
Free snacks and drinks
Onsite office parking
Relocation assistance
Fitness stipend
Professional Development Benefits
Job training & conferences

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