Senior Accountant
5 days ago
Magna International is seeking a highly skilled Senior Accountant - Capital & Tooling to join our Finance Department. As a key member of our team, you will be responsible for managing capital and tooling activities, ensuring accurate and timely recording of related spending, and supporting all departments in classifying spend accordingly.
Key Responsibilities- Lease Accounting and Reporting: Share in the ownership of lease accounting and reporting responsibilities, analyzing lease contracts, and preparing and/or reviewing information for appropriate treatment.
- Capital Cycle and Reporting: Help establish and/or enhance processes within the capital cycle and monthly reporting of Property, Plant, and Equipment (PP&E) and leases.
- Strategic Financial Planning: Assist in strategic financial planning and other forecasting activities.
- General Ledger Reconciliation: Reconcile general ledger account balances for Capital, Fixed Assets, Other Assets, and Tooling monthly.
- Capital Improvements and F6: Review and analyze accounts associated with capital improvements and complete F6 monthly.
- Forecast vs. Actual Spending: Investigate forecast vs. actual spending variances and project budget over-runs.
- Internal and External Audits: Assist with the completion of internal and external audits and compliance reporting requirements.
- Intercompany Tooling Journals: Responsible for all intercompany tooling month-end journals and assist with month-end intercompany balance confirmations.
- Sarbanes-Oxley Compliance: Satisfy all Sarbanes-Oxley documented finance process requirements for the position.
- Departmental Relationships: Establish a stable working relationship with other departments and external customers/suppliers.
- Good Housekeeping: Promote good housekeeping (5S).
- Adherence to Policies and Procedures: Adhere to rules, regulations, and/or policies and procedures.
- Technical Accounting Knowledge: Strong knowledge and ability to learn and apply technical accounting concepts in accordance with US GAAP.
- Analytical and Problem-Solving Skills: Strong analytical and problem-solving skills.
- Communication Skills: Strong verbal and written communication skills.
- Mathematical Concepts: Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Attention to Detail: Must be able to pay close attention to detail.
- Organizational Skills: Must have good organizational skills.
- Technical Skills: Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
- Education: High School Diploma or GED Required. Bachelor's Degree in Accounting, Finance, or Engineering required.
- Technical Training: Experience with integrated financial/manufacturing software packages. Experience with Microsoft Word, Outlook, and advanced Excel skills required.
- Experience: Experience in manufacturing working with product cost or budgeting systems or equivalent training in relevant fields. 3-5 years minimum experience.
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