Purchasing Coordinator

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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.
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.
Job Responsibilities:
Key Responsibilities:

• Develops and executes effective bidding, negotiation, and pricing strategies to provide the best value for the dollars spent in a manner that meets the budget, policies, ethical standards and audit requirements.
• Negotiate with vendors to ensure purchases are the best possible value and meet/exceed all program deliverables.
• Supports on time delivery to help timely program completion, and maximize profits
• Conducts activities in CMS and other Information Systems to support purchasing
• Establishes solid multiple Vendor sources to ensure continuous supply and availability of purchased components and directed buy components, for production, prototype, and tooling.
• Participates in design reviews in order to ensure the successful launch of new products and tools
• Ensures successful implementation of approved engineering changes by closure of all commercial issues with suppliers
• Ensures CMS pricing modules are maintained accurately
• Prepares, negotiates and executes all contracts according to policies and procedures and government regulations
• Procure all emergency requirements in cooperation with requisitioning departments and other supporting segments to ensure project completion
• Communicates effectively with all requisitioning departments, and arranges for proper and accurate information exchanges between originator and suppliers
• Ensures that all applicable GST and Provincial Tax Exemptions are claimed
• Reconciles variances between Purchase Orders and Invoices (Price, Quantity, Free On Board (F.O.B.), Inco terms, Terms of Payment)
• Ensures purchase orders are entered in a timely manner
• Maintains supplier files, purchase prices, price fluctuations and quality records (CMS/SharePoint)
• Resolves material claims with suppliers
• Follows and complies with all Operational Procedures and Policies as outlined in the Employee Handbook, Quality and Environmental programs (ie. IATF 16949, ISO14001)
• Understands, promotes and lives by Magna's philosophies and Employee Charter
• Adheres to Modatek's core values; integrity, respect, trust, honesty, fairness and loyalty
• Performs other duties as required.

Key Qualifications & Requirements:

• Bachelor's degree in business, Supply Chain Management, or a related field preferred, with 3-5 years of progressive experience in procurement or purchasing operations
• Microsoft Office knowledge Excel and Word; familiarity with digital procurement platforms and ERP systems is an advantage.
• Communication and negotiation skills, with the ability to influence stakeholders and collaborate effectively across all organizational levels.
• Strong organized and self-motivated, with a proven ability to manage multiple priorities independently and within cross-functional teams.
• Strong analytical mindset with experience in KPI tracking, process standardization, and continuous improvement initiatives. Skilled in problem-solving, facilitation, and conflict resolution.

Strong verbal and written communication skills, with the ability to interact at all levels of the organization.
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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Cosma International