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What we offer:Job Responsibilities:
Key Responsibilities:
- Full Cycle General Ledger Accounting:
- Record, review, and analyze all journal entries related to manufacturing operations.
- Ensure completeness and accuracy of the general ledger in accordance with accounting standards.
- Reconcile ledger accounts on a periodic basis to maintain data integrity.
- Month-End and Year-End Closing:
- Lead and coordinate the month-end close process, including accruals, amortizations, and inventory adjustments.
- Prepare and review financial statements, ensuring compliance with corporate policies and standards.
- Assist with the year-end closing procedures, including audit preparation and supporting schedules.
- Cost Accounting & Inventory Management:
- Monitor and analyze production costs, including labor, materials, and overhead, ensuring alignment with JIT principles.
- Support inventory cycle counts, physical audits, and reconciliation of inventory accounts.
- Validate inventory valuation based on JIT inventory flow and costs.
- Financial Reporting & Analysis:
- Prepare internal management reports highlighting variances and financial trends.
- Support plant budgeting, forecasting, and performance analysis initiatives.
- Balance Sheet Reconciliations:
- Perform detailed reconciliations of all balance sheet accounts, resolving discrepancies timely.
- Maintain documentation and audit trail for all reconciliations.
- Cost Control & Process Improvement:
- Collaborate with manufacturing, procurement, and engineering to identify cost efficiencies.
- Lead or participate in process improvement initiatives related to accounting or inventory management.
- Compliance & Internal Controls:
- Ensure adherence to company policies, accounting standards, and internal controls.
- Support internal and external audit activities with accurate and complete documentation.
- Collaborative Support:
- Work closely with plant operations, supply chain, and finance teams to ensure accurate financial data.
- Provide financial insights and support managerial decision-making.
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.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Worker Type:
Group:
Skills Required
- Full-cycle general ledger accounting and journal entry recording/review
- Lead month-end and year-end close including accruals, amortizations, and inventory adjustments
- Cost accounting and inventory valuation based on JIT principles
- Prepare and review financial statements and internal management reports
- Perform detailed balance sheet reconciliations and maintain audit documentation
- Support plant budgeting, forecasting, and financial performance analysis
- Collaborate with manufacturing, procurement, engineering, and supply chain on cost control
- Ensure compliance with company policies, accounting standards, internal controls, and audit support
What the Team is Saying
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
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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.
