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:
Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.
Job Responsibilities:
Under the direction of the Controller, the Cost Accountant is responsible for ensuring and maintaining the quality & integrity of the price, cost & inventory information within an automotive seating environment. Provide explanations for business performance and identifying areas of improvement.
Your Responsibilities:
- Maintenance of standard manufacturing cost
- Coordinating with purchasing to ensure SAP master cost data is accurate and in sync
- Reviewing Bill of Material (BOM) accuracy in a just-in-time (JIT) environment that utilizes a Component Based Manufacturing process
- Calculation of Overhead and Labor rates incorporated into standard costs
- Contribution Margin analysis of all programs
- Perform monthly analysis of inventory in terms of LCM and In-Transit
- Maintain understanding of offline inventory systems (i.e.: MRO)
- Responsible for monthly Balance Sheet reconciliation of all inventory accounts
- Responsible for coordination, maintenance, and processing of Retroactive Vendor Pricing and Customer Pricing
Who we are looking for:
- A bachelor's degree in accounting/economics or related field, is preferred, or an equivalent combination of education and extensive experience
- Minimum of five (5) to seven (7) years of progressive financial experience in a manufacturing environment
Your preferred qualifications:
- Must be strong analytically
- Must have excellent interpersonal skills along with oral and written communication skills
- Must be a self-starter with demonstrated organization and prioritization skills
- Experience with SAP FI/CO, a plus
- Solid MS office EXCEL skills
- Experience in JIT/Component Based cost accounting is preferred
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.
Worker Type:
Regular / Permanent
Group:
Magna Seating
Top Skills
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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Magna International Teams
Magna International Offices
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.