Manager, Accounts Payable & Accounts Receivable

Posted 8 Days Ago
Be an Early Applicant
Detroit, MI
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The role involves managing a team of Accounts Payable and Receivable administrators, developing policies to create efficiencies, overseeing the coding and expenses, communicating cash forecasts, and supporting audits. The successful candidate will lead process improvements and report to the Director of Finance.
Summary Generated by Built In

Job Number: 70036
Group: Magna Corporate
Division: Magna Services of America (Home Office)
Job Type: Permanent/Regular
Location: TROY
Work Style: Hybrid
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
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
About the Role
The Corporate Accounting Department is responsible for all Corporate activities in the United States. Following a recent SAP implementation, the team is looking for a strong Manager, Accounts Payable & Accounts Receivable to help drive efficiencies and process improvements while developing a team of 3, including remote staff. The successful candidate is a proven Leader with experience in developing and implementing polices.
Your Responsibilities

  • Lead a team of AP/AR Administrators, both on-site and remote.
  • Develop and implement policies and procedures designed to create efficiencies
  • Review coding, expenses, and other team deliverables
  • Work with Stakeholders to resolve issues and maintain proper flow of transactions
  • Review escalated items and work to create positive resolutions
  • Create and communicate weekly cash forecasting
  • Support internal and external audit process
  • Develop, create, and maintain advanced reports for ad-hoc and recurring analysis
  • Perform other duties as assigned by the Director, Finance & Corporate Administration


Who we are looking for

  • Bachelor's degree in Accounting, Finance or Business Administration
  • 5+ years' Accounts Payable and Accounts Receivable experience
  • 2+ years' experience in a Manager role with multiple direct reports.
  • Intermediate experience in MS Office (Excel), including pivot tables and working with advanced reconciliations.
  • Working knowledge of multi-currency transactions and accrual accounting concepts.


Your preferred qualifications

  • Experience with SAP (S4HANA) would be considered an asset
  • Strong time management and problem-solving skills
  • Strong verbal and written communication and presentation skills
  • Collaborator with strong interpersonal skills and ability to work independently while providing support & analysis to the Corporate Accounting Team


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

  • Comprehensive Medical, dental, and vision plans
  • 401 (k) plan with employer matching
  • Profit sharing program
  • Exciting internal development opportunities
  • Cafe
  • Parking for electric vehicles


Awareness. Unity. Empowerment.
At Magna, we believe 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.
Nearest Major Market: Troy
Nearest Secondary Market: Detroit

Top Skills

Excel
SAP

What the Team is Saying

Doug
Dave
Sam
Leo
Jim
Sreeni
The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
Year Founded: 1957

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

Team
Organized for Innovation
About our 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.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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