Senior Accountant

About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group Summary
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
About the Role
The Senior Accountant ensures the timely and accurate completion of monthly, quarterly, and yearly close of ESE project-based accounting for engineering projects in CAS (Cost Accounting System).
Your Responsibilities

• Maintain the Engineering projects in CAS (Cost Accounting System) and provide financial information to Engineer managers.
• Setting up projects, keeping track of Engineer hours, and ensuring timely approval of their timesheets.
• Review monthly activity reports for accuracy and prepare the monthly invoices with supporting documents.
• Assist with monthly project reconciliations, account analysis, and journal entry preparations.
• Prepare and maintain WIP and engineering labor and after-closing hours reports.
• Prepare contract labor and book necessary accruals for month end.
• Investigate any discrepancy in hours, timesheets, and department numbers. Make necessary adjustments in a journal entry booked for each department.
• Analyze project status reports and develop action plans for variance, including assisting with the review of unbilled and deferred revenue.
• Prepare and maintain transfer tax schedules.
• Help the Controller with the accuracy of departmental financial statements.
• Assist with month-end and year-end closing processes.
• Prepare and distribute necessary financial reports to program managers for review.
• Assist the Controller with the ESE engineering budget and forecasts.
• Support and prepare various account reconciliations.
• Perform other duties as may be assigned by the Controller or Director - Financial Reporting.

Who we are looking for
Education:

• Bachelor's Degree in Accounting or Finance required.
• Minimum 5+ years of working experience in a public or large corporate accounting role is required.

Your preferred qualifications
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Experience/Special Knowledge/Skills:

• Experience with SAP (FI, CO, and WBS element) is preferred.
• Experience using HFM or OneStream is preferred, but not required.
• Experience in accounting for R&D and project accounting is a plus.
• Proficiency in Microsoft Excel.
• Strong analytical and problem-solving skills. Proven ability to prioritize multiple tasks, ensuring that deadlines are met.
• Must possess exceptional communication skills, oral and written.
• Excellent organizational and interpersonal skills along with a strong sense of time management and problem-solving abilities.
• Must have the ability to work independently with minimal supervision while under pressure of deadlines and provide a high degree of accuracy.
• Must be a team player, highly motivated, experienced in working with a high degree of confidentiality, discretion, and integrity in all aspects of the job.
• Must have the ability to interact effectively with all employee levels in a positive, cooperative, and productive manner.
• Strong degree of initiative and judgment.

Physical Demands/ Work Environment:

• Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require travel.

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.
Site Benefits
Benefits vary per location.
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: Troy
Nearest Secondary Market: Detroit