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Cost Accountant

Magna International
Carrollton, United Statesfull_timeVerifiedPosted 15 Feb 2024

About the role

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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

 

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.

Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

 

About the Role

This position reports directly to the Controller of Decostar and is responsible for the general and specific job duties as described below:

Your Responsibilities

•    To exhibit an objective, fair and professional attitude that exemplifies the principles outlined in The MAGNA Employee’s Charter to maintain a positive and productive workplace.
•    To follow Decostar policies and display conduct expected of Decostar employees as described in the employee handbook.
•    Ensure that you follow company policies and business objectives in the daily supervision of the operations of the company.
•    To exhibit teamwork and leadership skills and actively participate in team activities in a positive working environment.
•    To demonstrate problem solving skills in a work environment that is striving for continuous improvement.
•    To support all customer quality standards as well as the standards of Decostar.
•    To perform daily cross-functional job assignments as required and per the department’s established procedures and work instructions.
•    Ensure a spirit of respect, cooperation, ethical conduct and fair dealing in all our operations between our internal and external customers.

Who we are looking for

•    To direct and follow Decostar Industries health and safety policies and procedures that provide for a safe and healthful workplace for all Decostar Industries employees, contractors and visitors.
•    Exemplify the Charter principle for a safe and healthful workplace by correcting unsafe behaviors, eliminate or reduce the possibility of an employee injury due to hazardous conditions.
•    Immediately respond, in a positive and proactive manner to any Decostar employee’s health and safety concern or suggestion. 
•    Immediacy report any accidents, incidents or near misses to the Safety Department and complete the required Accident Reporting Forms within 24 hours.
•    Complete all required safety-related inspections. 
•    Do not install or make changes to any equipment or machinery that may jeopardize the health and safety of any employee.
•    Ensure all employees, under your guidance, have received all required training to perform their job safely
•    Maintain systems requirements to support product costing, development of labor and machine rates.
•    Prepare financial models to assess profitability, breakeven, and cash flow on both current products and potential products.
•    Prepare necessary journal entries and balance sheet reconciliations to support month end close activities.
•    Analyze and review monthly Bill of Material audits.
•    Support in the reconciliation of various accounts including, fixed assets, tooling, capital expenditures, cost of goods sold and inventory, etc.
•    Prepare daily reports used in morning production meeting.
•    Perform other duties as directed.

Your preferred qualifications

•    Bachelor’s degree in Finance and/or Accounting is required.
•    CMA is preferred.

•    Strong verbal and written communication skills, ability to influence behavior through positive dialogue and have strong quantitative and analytical skills.
•    Ability to coordinate high work volume and pressing time requirements.  
•    Must have extensive knowledge of Excel, and previous involvement with development and implementation of ERP/MRP solutions.
•    Three to five years prior experience in a manufacturing environment as a financial/cost analyst.

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

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Company

Magna International

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