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General Accountant

4 months ago

Troy, United States Magna International Full time
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.

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.

About the Role

The General Accountant is responsible for various general accounting tasks.

Your Responsibilities

  • Process expense reports through Concur, Magna's electronic system for capturing, submitting, and approving of expenses, including tracking of travel incentives.
  • Prepare all applicable recurring and standard monthly journal entries, including updating Magna's required statistical template.
  • Update allocation templates and prepare all corresponding entries.
  • Prepare journal entries for all banking transactions, including cash receipts and payments, and processing payments received within ESE's accounting system.
  • Prepare wire transfer requests or vendors to be paid in foreign currency.
  • Prepare weekly cash flow and report to Corporate Treasury using an online system, Integrity.
  • Perform inter-company reconciliations monthly and provide assistance to divisions in solving out-of-balance issues to ensure intercompany balances remain in balance.
  • Prepare and accumulate all month end account reconciliations, including income statements, balance sheets and bank reconciliations.
  • Provide support to the Accounting Department & staff, as needed, including accounts payable, accounts receivable, cost accounting, journal entries and generating financial reports.
  • Manages Corporate charges such as Corporate IT expenses, cell phone charges or air travel expenses.
  • Assist in preparing annual audit and tax packages, including preparation of ESE's year end CMF (Controller Model File).
  • Manage and update mapping between ESE's local accounting system and OneStream (Magna's consolidation System).
  • Perform other duties as may be assigned by Controller or Director of Accounting.
  • Organize accounting storage area and send/recall boxes from storage.


The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

Who we are looking for

  1. Business Acumen: Able to focus on delivering services in a way that enhances / maximizes profitability; ensure that team delivers service in a way that brings out the organization's value and competitive advantage; educate team on important developments within the organization; discuss relevant industry developments with team.
  2. Entrepreneurial Drive for Results: The ability to find creative solutions and generate results in a dynamic market environment. Need to have a strong sense of urgency and the ability to infuse that in others.
  3. Influencing & Communication Skills: Keen listening, open-mindedness, and strong interpersonal skills so that necessary alliances with internal & external groups can be forged and developed quickly. Comfortable communicating both formally and informally with senior executives and communicate openly and equitably with peers & subordinates throughout Magna Exteriors & customer organizations.
  4. Technical / Functional Understanding: Able to serve as a source of technical / functional issues & perspective to others; demonstrate a breadth of technical/functional knowledge outside of core specialty; provide others with opportunities for technical growth; develop the technical competence of others as a way to achieve results; hold people accountable for technical excellence.


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.

Education/Skills/Special Knowledge - Bachelors Degree in Accounting. Excellent knowledge of Excel and Word. Good working knowledge and familiarity with Solomon (Microsoft Dynamics accounting software) preferred. Excellent communication skills both written and verbal, effective organizational skills and must be detail oriented.

Experience - At least 5 years of experience in similar accounting position. Automotive experience preferred. Comfortable working individually, or with a team, in a fast-paced, deadline driven environment.

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. Minimal travel.

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.