Accounts Payable Team Lead

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Job Number: 63143 
Group: Magna Electronics  
Division: Magna Electronics Southfield Ops 
Job Type: Permanent/Regular 
Location: SOUTHFIELD 
Work Style:  

 

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 Electronics leads the way in active safety technologies, revolutionizing the automotive industry and improving lives. With a strong focus on adapting ADAS systems and electronic solutions to any vehicle, we address a wide range of mobility and safety needs. As we build a safer, more intelligent, and connected mobility experience, Magna is dedicated to creating a better future for people globally.

About the Role

The position reports to the Senior Manager, North America Corporate Control. This position is a critical part of the NA Corporate Control and Shared Services team supporting the Accounts Payable function. The person in this role would also be responsible for a team of two accounts payable analysts, day to day functions of the accounts payable group, supporting and maintaining a strong control environment and assisting local management with any ad hoc assignments and projects as required.

Your Responsibilities

• Supervise a team of two Accounts Payable Analysts
• Reconcile Accounts Payable to the general ledger
• Responsible for monthly analyses and journal entries for various accruals accounts.
• Manage employee expense reimbursement process
• Manage the vendor payment process (both checks and EFT/ACH transactions) to include weekly check runs and employee expense payments; analyze accounts as necessary
• Assist with yearly 1099 reporting process
• Ensure compliance with SOX and company accounts payable policies/procedures
   

Who we are looking for

Education

• Bachelor’s Degree in Accounting

Experience 

• Minimum of 5 years’ experience in accounting/or accounts payable
• Experience with JD Edwards and SAP ERP systems is strongly preferred

Your preferred qualifications

• Working knowledge of basic accounting principles, controls, reconciliation, and A/P and cash disbursement practices
• Possess superior organizational and documentation skills, attention to detail and strong teamwork
• Ability to successfully manage multiple projects with competing priorities with tight deadlines in a fast-paced environment with high volume of transactions
• Excellent written and verbal communication skills
• Ability to work with minimal supervision while preserving the strict confidentiality of all data
• Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies
   

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

• Flexible working hours and remote work to the extent of up to 40% of working hours for a good work-life balance
• On-site fitness center, sports and team events
• An extensive training program and exciting internal development opportunities
• In addition to the statutory holiday entitlement, 12/24 and 12/31 are free of work and no vacation days have to be consumed for this purpose
• Canteen
• Parking for two-wheelers, four-wheelers or electric vehicle

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 o