Magna International
Dream big. With Us. Let's create the future of mobility, together.

Staff Accountant - AP

Sorry, this job was removed at 12:51 a.m. (CST) on Thursday, June 22, 2023
Find out who's hiring in Detroit, MI.
See all Finance jobs in Detroit, MI
By clicking Apply Now you agree to share your profile information with the hiring company.

Job Number: 55562
Group: Magna Powertrain
Division: MPT Sterling Heights
Job Type: Permanent/Regular
Group Introduction
Advancing mobility. Making automotive technology that is smarter, cleaner, and safer, while still fun to drive. And making it for everyone. That's what we're passionate about at Magna Powertrain. We do it by creating world-class powertrain solutions for conventional, hybrid, and pure electric vehicles. We're making electrification more than a buzzword, we're bringing it to the road. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Effectively complete all job responsibilities related to Staff Accountant - AP position and support the Finance Department.
All aspects & functions involved in the Accounts Payable process including supporting month-end processing.

  1. Matches & verifies receivers, invoices, vendor statements, and purchase orders.
  2. Enters matched invoices into CMS.
  3. Serve as vendor contact in regards to payment issues.
  4. Performs vendor statement verifications.
  5. Prepares accruals for month end.
  6. Prepares and enters miscellaneous journal entries as related to the A/P function and as designated by manager.
  7. Processes all types of payments (checks/ACH/wire).
  8. Processes all approved debits/credits with suppliers by working with appropriate teams through QPF system.
  9. Processes/reconciles all steel contra accounts through OEM portals with coordination from A/R.
  10. Opens and distributes mail.
  11. Clears checks/wires/ACH's for the bank reconciliation in coordination with A/R Staff Accountant.
  12. Manages divisional capital requirements; including the Corporate Kepion system and all reconciliations & depreciation entries.
  13. Completes all appropriate aspects of the annual CMF audit book per Magna's requirement.
  14. Assists in preparing all annual tax schedules in relation to the A/P function.
  15. Follows procedures on a day-to-day basis as per the Magna Minimum Control Procedures.
  16. Active participation in MAFACT Teams and activities as required.
  17. Participates in continuous improvement activities, submits cost saving improvement suggestions, CIP's.
  18. Performs audits assigned such as LPA's.
  19. Treats team members with dignity and respect and in accordance with the Magna Employee's Charter and Common Values.
  20. Ensure that company policies and procedures are adhered to including IATF16949, ISO14001 (EMS), and Employee Handbook.
  21. Follows MIOSHA and MPTSH safety regulations and policies, including wearing required P.P.E. (Personal Protective Equipment). Reports unsafe conditions.
  22. Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with MPT's Environmental Management System (EMS).

Bachelor's degree in Finance or Accounting. Experience in Accounts Payable processing is required. Knowledge of CMS software is helpful but not required.
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

See More
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

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
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
Family medical leave
Vacation + Time Off
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
Job training & conferences

More Jobs at Magna International

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about Magna InternationalFind similar jobs like this