Senior General Accountant

About the role

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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.

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.

Position Summary

The Senior General Accountant supports the Accounting Department by ensuring the accurate and timely execution of accounts payable, accounts receivable, cost accounting, journal entries, and financial reporting activities.

Essential Duties & Responsibilities

• Prepare standard monthly journal entries
• Prepare wire transfer requests for foreign currency vendor payments and record the related journal entries
• Perform monthly intercompany reconciliations and collaborate with divisions to resolve out-of-balance items and ensure intercompany accounts are reconciled.
• Prepare assigned balance sheet reconciliations
• Record corporate invoices, including Corporate IT expenses and MSA charges
• Assist in the preparation of annual audit and tax packages, including the year-end CMF (Controller Model File).
• Prepare Concur reimbursement reports for Payroll, support employee onboarding in Concur, and record related expense report journal entries
• Prepare and file annual Form 1099s
• Prepare Intercompany invoices for recurring third party charges
• Prepare monthly manpower reports for contract and direct employees
• Provide support for employee expense report inquiries and serve as a backup for expense report processing
• Apply cash receipts and post deposits to the Accounts Receivable module
• Review and create purchase orders through the ReQlogic system
• Perform other duties as assigned by the Assistant Controller or Accounting Manager

Additional information

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.

Qualifications

To perform this position successfully, an individual must be able to satisfactorily perform each essential duty and responsibility. The qualifications listed below are representative of the knowledge, skills, abilities, and physical requirements necessary for the role.

Education/Skills/Special Knowledge

• Bachelor's degree in Accounting required
• Advanced proficiency in Microsoft Excel and Word
• Working knowledge of accounting software and ERP systems; experience with Solomon (Microsoft Dynamics) is a plus
• Strong communication and interpersonal skills, with the ability to effectively collaborate and build relationships across departments and organizational levels
• Excellent organizational, analytical, and problem-solving abilities
• Highly detail-oriented with a strong commitment to accuracy
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment

Experience

• At least 5 years of experience in a comparable accounting position
• Automotive industry experience preferred
• Ability to work effectively both independently and as part of 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

Awareness, Unity, Empowerment

• At Magna, we believe that a diverse workforce is critical to our success.
• 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.
• Worker Type: Regular / Permanent
• Group: Magna Exteriors