Magna Powertrain
Staff Accountant - AP
Magna Powertrain, Sterling Heights, Michigan, United States, 48310
Job Number: 59479 Group: Magna Powertrain Division: MPT Sterling Heights Job Type: Permanent/Regular Location: STERLING HEIGHTS
Group Introduction
Advancing mobility. Making automotive technology that is smarter, cleaner, and safer, while still fun to drive. And making it for everyone. That's what we're passionate about at Magna Powertrain. We do it by creating world-class powertrain solutions for conventional, hybrid, and pure electric vehicles. We're making electrification more than a buzzword, we're bringing it to the road. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Objective
Effectively complete all job responsibilities related to Staff Accountant -- AP position and support the Finance Department.
Scope
All aspects & functions involved in the Accounts Payable process including supporting month-end processing.
Responsibilities
Matches & verifies receivers, invoices, vendor statements, and purchase orders. Enters matched invoices into CMS. Serve as vendor contact in regards to payment issues. Performs vendor statement verifications. Prepares accruals for month end. Prepares and enters miscellaneous journal entries as related to the A/P function and as designated by manager. Processes all types of payments (checks/ACH/wire). Processes all approved debits/credits with suppliers by working with appropriate teams through QPF system. Processes/reconciles all steel contra accounts through OEM portals with coordination from A/R. Opens and distributes mail. Clears checks/wires/ACH's for the bank reconciliation in coordination with A/R Staff Accountant. Manages divisional capital requirements; including the Corporate Kepion system and all reconciliations & depreciation entries. Completes all appropriate aspects of the annual CMF audit book per Magna's requirement. Assists in preparing all annual tax schedules in relation to the A/P function. Follows procedures on a day-to-day basis as per the Magna Minimum Control Procedures. Active participation in MAFACT Teams and activities as required. Participates in continuous improvement activities, submits cost saving improvement suggestions, CIP's. Performs audits assigned such as LPA's. Treats team members with dignity and respect and in accordance with the Magna Employee's Charter and Common Values. Ensure that company policies and procedures are adhered to including IATF16949, ISO14001 (EMS), and Employee Handbook. Follows MIOSHA and MPTSH safety regulations and policies, including wearing required P.P.E. (Personal Protective Equipment). Reports unsafe conditions. Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with MPT's Environmental Management System (EMS).
Education
Bachelor's degree in Finance or Accounting. Experience in Accounts Payable processing is required. Knowledge of CMS software is helpful but not required.
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, regardles
Group Introduction
Advancing mobility. Making automotive technology that is smarter, cleaner, and safer, while still fun to drive. And making it for everyone. That's what we're passionate about at Magna Powertrain. We do it by creating world-class powertrain solutions for conventional, hybrid, and pure electric vehicles. We're making electrification more than a buzzword, we're bringing it to the road. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Objective
Effectively complete all job responsibilities related to Staff Accountant -- AP position and support the Finance Department.
Scope
All aspects & functions involved in the Accounts Payable process including supporting month-end processing.
Responsibilities
Matches & verifies receivers, invoices, vendor statements, and purchase orders. Enters matched invoices into CMS. Serve as vendor contact in regards to payment issues. Performs vendor statement verifications. Prepares accruals for month end. Prepares and enters miscellaneous journal entries as related to the A/P function and as designated by manager. Processes all types of payments (checks/ACH/wire). Processes all approved debits/credits with suppliers by working with appropriate teams through QPF system. Processes/reconciles all steel contra accounts through OEM portals with coordination from A/R. Opens and distributes mail. Clears checks/wires/ACH's for the bank reconciliation in coordination with A/R Staff Accountant. Manages divisional capital requirements; including the Corporate Kepion system and all reconciliations & depreciation entries. Completes all appropriate aspects of the annual CMF audit book per Magna's requirement. Assists in preparing all annual tax schedules in relation to the A/P function. Follows procedures on a day-to-day basis as per the Magna Minimum Control Procedures. Active participation in MAFACT Teams and activities as required. Participates in continuous improvement activities, submits cost saving improvement suggestions, CIP's. Performs audits assigned such as LPA's. Treats team members with dignity and respect and in accordance with the Magna Employee's Charter and Common Values. Ensure that company policies and procedures are adhered to including IATF16949, ISO14001 (EMS), and Employee Handbook. Follows MIOSHA and MPTSH safety regulations and policies, including wearing required P.P.E. (Personal Protective Equipment). Reports unsafe conditions. Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with MPT's Environmental Management System (EMS).
Education
Bachelor's degree in Finance or Accounting. Experience in Accounts Payable processing is required. Knowledge of CMS software is helpful but not required.
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, regardles