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What we offer:Job Responsibilities:
The Team Lead Accounts Payable is responsible for overseeing the AP function within the SSC, ensuring timely and accurate processing of supplier invoices and payments. This role includes managing a local team of AP specialists, maintaining compliance with internal controls and tax regulations, and supporting process harmonization across business units.
Main Duties
- Lead the AP team within the SSC, including daily task coordination, performance management, and development
- Ensure timely and accurate processing of supplier invoices, credit notes, and payment runs
- Monitor and resolve invoice discrepancies, blocked invoices, and vendor queries
- Maintain vendor master data in coordination with procurement and local finance teams
- Ensure compliance with VAT regulations and internal controls
- Support month-end and year-end closing activities related to AP
- Collaborate with sending entities and corporate stakeholders to harmonize AP processes
- Participate in process documentation and knowledge transfer during transitions
- Monitor KPIs (e.g. invoice turnaround time, payment accuracy) and ensure SLA adherence
- Identify and support automation and continuous improvement initiatives
- Act as escalation point for complex AP issues
Education
- Bachelor’s degree in economics, finance, or a related field
Work Experience
- 5+ years of relevant work experience in Accounts Payable or related finance functions
- At least 2–3 years of experience in managing a team
Skills
- A team- and service-oriented approach, combined with a strong commitment to delivering high-level performance
- Strong knowledge of AP processes, VAT handling, and invoice workflows
- Proficient in SAP (S/4HANA or ECC), including tools for managing self-billing transactions
- Fluent in English; additional languages are a plus
- Strong analytical and reconciliation skills
- Hands-on, detail-oriented, and proactive approach
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.
Skills Required
- Bachelor's degree in economics, finance, or related field
- 5+ years of relevant Accounts Payable or finance experience
- 2-3 years of team management experience
- Proficient in SAP (S/4HANA or ECC), including self-billing transaction tools
- Strong knowledge of AP processes, VAT handling, and invoice workflows
- Fluent in English
- Strong analytical and reconciliation skills
- Team- and service-oriented, hands-on, detail-oriented, proactive approach
- Additional languages
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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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.
