Assistant Controller

Group Description

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.

Role Summary

Under the direction of the Assistant Controller, responsible for managing the accounting functions. Develops, implements and maintains the necessary systems and procedures to ensure timely and accurate financial statements and data.

Key Responsibilities

• Provides leadership and daily direction to the Senior Accountant(s), Payroll Administrator, Accounts Payable Administrator(s) and Account Receivable Administrator.

• Ensures all accounting transactions are recorded in an effective and timely manner in accordance with GAAP.

• Writes month end journal entries and accruals.

• Performs month end accounting functions including balance sheet account reconciliations.

• Balances intercompany accounts.

• Completes weekly cash forecast.

• Assists with analyzing and evaluating plant operating expenses.

• Assists with year end closing.

• Completes monthly assets performance package.

• Assists in budget and forecasting.

• Assists with conducting internal auditing procedures; and ensures Management Controls are in compliance with Sarbanes Oxley 404.

• Serves as back-up to the accounting staff.

Key Qualifications/Requirements

• Bachelor's Degree in Accounting, Finance or related field; or an equivalent combination of education and experience.

• Minimum of five (5) years of accounting and finance experience in a JIT Automotive manufacturing environment including a minimum of one (1) year of supervisory responsibility.

Additional Information

Knowledge/Skills/Abilities:

• Demonstrates strong leadership skills with excellent written and verbal communication skills.

• Demonstrates a high level of interpersonal skills to effectively communicate and present information to customers, suppliers, vendors, management, employees and corporate personnel.

• Excellent analytical, problem resolution and project management skills.

• Knowledgeable of cost accounting methods relating to OEM applications in a manufacturing environment.

• Proficient in Word, Excel and accounting/finance software systems.

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.