Staff Accountant

2 weeks ago

Sterling Heights, United States Magna International Full time
Job Number: 65680
Group: Magna Powertrain
Division: MPT Sterling Heights
Job Type: Permanent/Regular
Location: STERLING HEIGHTS
Work Style:

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

Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.

About the Role

Your Responsibilities

  • The Staff Accountant is responsible for administrating the A/R function as well as specific duties of the A/P function.
  • All A/R activity at the Shelby Township facility
Who we are looking for
  • Pull down bank activity daily and apply all cash received. Maintain lockbox deposits and apply all miscellaneous cash appropriately. Coordinate w/AP Staff Accountant on Steel Contra accounting activities.
  • Verify and process debits when received. Maintain monthly bank reconciliation. Close A/R module at month end and assist in processing journal entries as designated. Verify all A/R Intercompany balances at month end.
  • Work with sales and Project Controller on all customer contracts to ensure that they are reviewed regularly and appropriate action is taken. Work with Finance team to perform asset audits as per Magna Internal Audit Controls. Manage customer portal sites such as Covisint, SAP, & E-Dacor to receive incoming purchase orders and payments. Ensure accurate tracking and billing for Tooling & Prototype orders in order for payment to be received. Prepare sales reports as needed for review both internally and externally. Maintain customer price lists and ensure timeliness of updates. Maintain orders - both new and existing. Update pricing and coordinate with Materials/Logistics as needed. Ability to analyze cash flow based on customer payment history.
Your preferred qualifications
  • Backup A/P Staff Accountant to process MRO invoices using the 3-way matching principle. Ability to reconcile Customer and Supplier statements. Coordinate monthly A/P check run with A/P Staff Accountant and review with General Manager for approval. Assist in preparation of monthly, quarterly and annual reporting requirements. Create & maintain all functional work instructions.
  • Commitment to quality of product and a safe and healthful work environment. Participates in continuous improvement activities, submits improvement suggestions. Responsible to follow all applicable processes including company policies and procedures, IATF, ISO14001 (EMS), Mafact, MQS and Employee Handbook. Follows MIOSHA and MPTST safety regulations and policies, including wearing required P.P.E. (Personal Protective Equipment) and Lockout. Reports unsafe conditions to Supervisor/Leader. Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with MPT's Environmental Management System (EMS). Commitment to quality and a safe and healthful work environment for all employees. Drive stop and fix safety culture. Act as SAP testing point of contact and assist others Lead A/R SAP implementation for finance
  • Must be familiar with AS400, CMS and SAP Systems. Minimum of 4 years' experience in a Manufacturing environment
  • Full understanding of Accounts Receivable and basic understanding of Accounts Payable.
  • Basic understanding of EDI. Ability to work with others in a team environment.


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

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.

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