Accounting Specialist I at Magna International (Detroit, MI)

| Detroit, MI
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Job Number: 41748
Group: Cosma International
Division: Kamtek Inc.
Job Type: Permanent/Regular

Group Description

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.

KAMTEK is a premier Tier 1, automotive manufacturing supplier that specializes in Class "A" Stamping, Assembly and High Pressure Die Casting that produces Body-side and Door Openings, Roofs, Floor Pans, Wheelhouses, Large Welded Assemblies, Doors, Fenders, Hoods, Lift-gates, Aluminum Shock Towers, and Aluminum Rear Rails. Our capabilities include the manufacturing of Class "A" Body Panels along with Medium/Large Stampings, Large Assemblies and Aluminum Stampings and Assemblies, and Aluminum High Pressure Vacuum Die Casting to our Original Equipment Manufacturers (OEMs) such as Mercedes Benz, Volkswagen, Kia, Hyundai, Nissan, BMW and Freightliner. As a local distributor and supplier, Kamtek' s market segmentation to Cosma International, (a division of MAGNA INTERNATIONAL) provides a "state-of-the-art" product that utilizes the most technologically advanced Pressing processes in order to maintain a competitive advantage to other OEM's within the market. Our company's culture of team spirit & mutual respect with a focus on fair treatment helps us to embrace our multi-cultural affiliation with Magna International, and supports our mission through process efficiency and competitive product pricing. Furthermore, the culture at Kamtek focuses on Job Security, with employees being given the opportunity for continuous training, advancement within the skill/trade, and potential for growth within our safe work environment. We offer Employee Equity and Profit Participation programs which increase our employees' ownership within the company. Kamtek, part of Cosma International and a division of Magna International, represents the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks in our three geographic segments - North America, Europe, and the Rest of the World (primarily Asia, South America and Africa). Our capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems; metal body & chassis systems; mirror systems; exterior systems; roof systems; electronic systems; powertrain systems as well as complete vehicle engineering and assembly. We are a leading global automotive supplier with 347 manufacturing operations and 92 product development, engineering and sales centres in 28 countries. We have over 168,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.

Role Summary

Maintaining good vendor and team member relations in support of KAMTEK's overall divisional and Finance Department goals and objectives by ensuring accurate and timely payment of vendor invoices, team members' expense reports and other payments as required. Allocation (coding) of payables to appropriate General Ledger account, including identification of sales tax status. The Accounting Specialist I is responsible for the timely entering and payment processing of vendor invoices and team members' expense reports. Responsible for setting up and maintaining payables file system and providing appropriate support to vendors and other departments within KAMTEK, which will include researching and responding to vendor and other department inquiries.

Key Responsibilities

  1. Follow and comply with all operational procedures/policies as stated in the employee Environmental Health and Safety programs (Magna and OSHA Standards).
  2. Ensure invoices received are matched to the appropriate purchase order and receiving report before processing payment.
  3. Obtaining proper signature authorization for required invoices
  4. Set up and maintain payable filing system and off-site files
  5. Process payment of approved invoices and expense account reports
  6. Review all AP Aging and other AP reports for items over 90 days and other exceptions
  7. Prepare Supplier Statement Reconcilement.
  8. Review GRNI (Goods Received Not Invoiced) regularly and research all items over 90days.
  9. Participate in the month-end closing process by preparing accrual reports
  10. Satisfy all Sarbanes-Oxley documented finance process requirements for the position.
  11. Perform other duties as required.

Key Qualifications/Requirements

SKILL (Ability to do the job)

Working knowledge of accounting principles

-Good organizational and communication skills

-Efficient, detailed-oriented and ability to multi-task in a fast-paced environment

Experience working in a high-volume Accounts Payable environment (preferably manufacturing).

Minimum of 2 (two) years

Additional Information

EDUCATION: High School Diploma or GED required; some college and/or Certification in AP or similar area preferred

TECHNICAL TRAINING: Experience with integrated manufacturing software packages

OTHER: Computer skills; proficient in Microsoft Word, Excel and other Microsoft Office software

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: Birmingham
More Information on Magna International
Magna International operates in the Automotive industry. The company is located in Novi, MI and Troy, MI. Magna International was founded in 1957. It has 29806 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 21 open jobs at Magna International, click here.
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